2221 GMT - Paladin Energy's latest update about its rain-hit Langer Heinrich uranium mine in Namibia spooks Jefferies, which had already expected the company to miss annual output guidance. Paladin withdrew that guidance on Wednesday, citing disruption to mining and difficulties associated with processing saturated stockpiled ore. "The issues surrounding the extent of impacts to both the stockpiles and open pit mining appear more aggressive than our prior expectations," Jefferies analyst Daniel Roden says. Jefferies cuts forecasts for FY 2025 and FY 2026 production to reflect a more aggressive impact to the rampup of Langer Heinrich, and downgrades Paladin's stock to hold from buy. (david.winning@wsj.com; @dwinningWSJ)
(END) Dow Jones Newswires
March 26, 2025 18:22 ET (22:22 GMT)
Copyright (c) 2025 Dow Jones & Company, Inc.
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。