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Paladin Energy Ltd ( (AU:PDN) ) has provided an announcement.
Paladin Energy Ltd has announced the issuance of over 36 million fully paid ordinary shares through an institutional placement and a Canadian private placement as part of its equity raising efforts. This move is part of a broader strategy to enhance its financial position, potentially impacting its operational capabilities and market positioning in the energy sector.
The most recent analyst rating on (AU:PDN) stock is a Hold with a A$7.60 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 energy sector, primarily focused on uranium production and exploration. It is listed on the Australian Securities Exchange (ASX), Toronto Stock Exchange (TSX), and OTCQX markets, indicating its international market focus.
Average Trading Volume: 4,030,094
Technical Sentiment Signal: Buy
Current Market Cap: A$3.23B
Learn more about PDN stock on TipRanks’ Stock Analysis page.