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Paladin Energy Ltd ( (AU:PDN) ) just unveiled an announcement.
Paladin Energy Ltd reported a strong first quarter for FY2026, with a significant increase in uranium production at the Langer Heinrich Mine and a successful equity raising of A$300 million. The company is advancing the Patterson Lake South Project towards a final investment decision, supported by a robust engineering review. The appointment of Paul Hemburrow as Managing Director and CEO, along with a solid safety performance and community investments, underscores Paladin’s commitment to operational excellence and stakeholder engagement.
The most recent analyst rating on (AU:PDN) stock is a Buy with a A$9.50 price target. To see the full list of analyst forecasts on Paladin Energy Ltd stock, see the AU:PDN Stock Forecast page.
More about Paladin Energy Ltd
Paladin Energy Ltd operates in the energy sector, primarily focusing on uranium mining and production. The company’s key asset is the Langer Heinrich Mine, and it is also involved in the development of the Patterson Lake South Project. Paladin Energy is positioned to support a multi-decade production pipeline and is focused on expanding its operations and strengthening its market presence.
YTD Price Performance: 16.93%
Average Trading Volume: 4,348,852
Technical Sentiment Signal: Strong Buy
Current Market Cap: A$3.85B
Learn more about PDN stock on TipRanks’ Stock Analysis page.