Paladin Energy Ltd (PDN) Price Target Raised to C$0.11 at Scotiabank
Paladin Energy Ltd (TSE:PDN) had its target price upped by equities research analysts at Scotiabank from C$0.10 to C$0.11 in a report issued on Tuesday. The brokerage currently has an “underperform” rating on the stock. Scotiabank’s price target suggests a potential downside of 29.03% from the stock’s current price.
Separately, TD Securities reaffirmed a “hold” rating and set a C$0.25 price target on shares of Paladin Energy in a report on Friday, July 22nd.
Shares of Paladin Energy (TSE:PDN) traded up 0.000% during midday trading on Tuesday, hitting $0.155. The stock had a trading volume of 138,800 shares. The stock has a 50 day moving average price of $0.16 and a 200-day moving average price of $0.20. The stock’s market capitalization is $265.49 million. Paladin Energy has a 52 week low of $0.15 and a 52 week high of $0.27.
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Paladin Energy Company Profile
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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