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Paladin Energy Ltd ( (AU:PDN) ) has issued an announcement.
Paladin Energy Ltd has announced its FY2026 guidance for the Langer Heinrich Mine, highlighting a continued operational ramp-up with a transition from processing stockpiled medium-grade ore to primary mined ore. The company expects to complete this ramp-up by the end of FY2026, with full operations planned for FY2027. During FY2026, Paladin anticipates producing 4.0 to 4.4 million pounds of U3O8 and selling 3.8 to 4.2 million pounds, with production costs estimated between $44 and $48 per pound. The company is also planning capital and exploration expenditure of $26 to $32 million. The guidance reflects Paladin’s strategy to optimize mining operations and enhance processing plant performance, aiming to deliver medium and high-grade ore while stockpiling lower-grade ore for future processing. Sales are expected to vary due to shipment timing and contract terms, with realized uranium prices sensitive to spot price fluctuations.
The most recent analyst rating on (AU:PDN) stock is a Buy with a A$16.50 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 is a company operating in the uranium mining industry, focusing on the production and sale of uranium. Its primary operations are centered around the Langer Heinrich Mine, with a market focus on supplying uranium to global customers in the US, Europe, and Asia.
Average Trading Volume: 4,878,735
Technical Sentiment Signal: Hold
Current Market Cap: A$3.12B
See more data about PDN stock on TipRanks’ Stock Analysis page.