Paladin Energy (PDN) Posts Quarterly Results
Paladin Energy (TSE:PDN) posted its quarterly earnings results on Tuesday. The company reported ($0.07) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.02) by $0.05, Stock Ratings News reports.
PDN has been the subject of a number of recent research reports. Analysts at Scotiabank reiterated a “sector perform” rating on shares of Paladin Energy in a research note on Tuesday, July 29th. They now have a C$0.55 price target on the stock. On the ratings front, analysts at Raymond James raised their price target on shares of Paladin Energy from C$0.25 to C$0.30 in a research note on Wednesday, July 23rd. They now have an “underperform” rating on the stock. Finally, analysts at Raymond James downgraded shares of Paladin Energy from a “market perform” rating to an “underperform” rating in a research note on Thursday, June 19th. They now have a C$0.25 price target on the stock, down previously from C$0.70. Two equities research analysts have rated the stock with a sell rating, four have assigned a hold rating and one has assigned a buy rating to the company’s stock. Paladin Energy presently has a consensus rating of “Hold” and a consensus price target of C$0.58.
Paladin Energy (TSE:PDN) opened at 0.43 on Tuesday. Paladin Energy has a 1-year low of $0.28 and a 1-year high of $0.63. The stock has a 50-day moving average of $0.38 and a 200-day moving average of $0.42. The company’s market cap is $414.7 million.
Paladin Energy Limited (TSE:PDN), is engaged in the development and operation of uranium mines in Africa, together with global exploration and evaluation activities in Africa, Australia and Canada.
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