Boss Energy, Paladin Energy Shares Jump as Uranium Contract Prices Rise

MT Newswires Live

01/16

Deep Yellow's (ASX:DYL) shares soared over 6% in recent trading on Friday, while those of Paladin Energy (ASX:PDN) jumped nearly 5%, reaching a 52-week peak, after long-term uranium contract prices reached $86.50 per pound, the highest since 2008, according to RBC Capital Markets.

Shares of Boss Energy (ASX:BOE) inched up 0.3%.

The investment firm said Paladin has a clear pathway to nameplate capacity by the start of fiscal year 2027. It forecast Paladin's fiscal year 2026 second-quarter production of a little over a million pounds, while fiscal year 2026 production guidance held steady at 4.4 million pounds.

RBC Capital Markets raised Paladin's price target to AU$9.50 per share.

It also forecast the fiscal year 2026 second-quarter production of 450,000 pounds from Boss Energy's Honeymoon project in South Australia.

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It forecast Paladin's fiscal year 2026 second-quarter production of a little over a million pounds, while fiscal year 2026 production guidance held steady at 4.4 million pounds.</p><p>RBC Capital Markets raised Paladin's price target to AU$9.50 per share.</p><p>It also forecast the fiscal year 2026 second-quarter production of 450,000 pounds from Boss Energy's Honeymoon project in South Australia.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BK7509","symbol_name":"中概股","start_time":0,"source_url":"https://www.mtnewswires.com/","article_id":"2603955750","we_media_id":"1092851196","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2603955750","pubTimestamp":1768533586,"columns":[],"sourceInfo":{"source_id":"mtnewswires_news","name":"MT Newswires"},"weMediaInfo":{"media_name":"MT Newswires Live","introduction":"The most recognized names in North America, Europe and Asia rely on MT Newswires to power their applications. 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