Paladin Energy Ltd (PDN) Price Target Increased to C$0.11 by Analysts at Scotiabank
Paladin Energy Ltd (TSE:PDN) had its price target lifted by investment analysts at Scotiabank from C$0.10 to C$0.11 in a research note issued to investors on Tuesday. The firm presently has an “underperform” rating on the stock. Scotiabank’s price objective points to a potential downside of 29.03% from the company’s current price.
Separately, TD Securities restated a “hold” rating and set a C$0.25 target price on shares of Paladin Energy in a research report on Friday, July 22nd.
Shares of Paladin Energy (TSE:PDN) traded up 0.000% during mid-day trading on Tuesday, reaching $0.155. 124,800 shares of the company’s stock traded hands. Paladin Energy has a 12 month low of $0.15 and a 12 month high of $0.27. The company’s market cap is $265.49 million. The company has a 50 day moving average of $0.16 and a 200 day moving average of $0.20.
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About Paladin Energy
Paladin Energy Limited (Paladin) is an Australia-based uranium production company. The Company is engaged in the development and operation of uranium mines in Africa, together with global exploration and evaluation activities in Africa, Australia and Canada. Paladin had accumulated a portfolio of advanced uranium projects each having production potential.
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