Paladin Energy Ltd (PDN.AU) saw its stock price surge 5.04% in Thursday's trading session, following a positive production forecast from Macquarie. The uranium producer's shares rallied as investors reacted to projections that were more optimistic than previously anticipated.
According to Macquarie's analysis, Paladin Energy is expected to produce approximately 2.8 million pounds of U308, a common uranium compound, in the fiscal year 2025. While this figure falls short of the company's initial guidance of 3.0 million pounds, which was withdrawn last month due to heavy rainfall in Namibia, it surpasses market expectations that had been dampened by the production setback.
The upbeat sentiment was further bolstered by Paladin's strong third-quarter output of around 745,000 pounds, which significantly exceeded expectations. Looking ahead, Macquarie has projected a production increase to 4.5 million pounds of U308 for the fiscal year 2026, with Paladin set to provide official guidance in August. This positive outlook for the company's production capacity appears to have sparked renewed investor confidence, driving the stock's impressive intraday performance.
免责声明：投资有风险，本文并非投资建议，以上内容不应被视为任何金融产品的购买或出售要约、建议或邀请，作者或其他用户的任何相关讨论、评论或帖子也不应被视为此类内容。本文仅供一般参考，不考虑您的个人投资目标、财务状况或需求。TTM对信息的准确性和完整性不承担任何责任或保证，投资者应自行研究并在投资前寻求专业建议。