Paladin Energy's share price falls despite successful Langer Heinrich mine production and Fission Uranium acquisition.

Paladin Energy's share price falls despite successful Langer Heinrich mine production and acquisition of Fission Uranium Corp. The company produced 517,597 lbs of U3O8 in Q2 and has a production guidance of 4-4.5 million lbs in FY2025. Despite shares weakening, the company has a target ramp-up capacity of 6M lbs per annum and held $48.9M cash at the end of Q2.

July 22, 2024
3 Articles