0451 GMT - Uranium producer Paladin Energy's 4Q realized pricing and FY 2026 cost guidance disappoint Citi analyst Samuel Schubert. The stock slides 13% to A$7.13/share. Schubert says Paladin's average realized price, at US$55.60/pound, falls well short of the US$69/pound Citi expected. Paladin's cost guidance of US$44-US$48/pound is higher than Citi's estimate of roughly US$38/pound. That said, "strong quarterly production print should be a relief to the market," he says. Citi has a buy rating and A$10.10 target on the stock. (rhiannon.hoyle@wsj.com; @RhiannonHoyle)
(END) Dow Jones Newswires
July 23, 2025 00:51 ET (04:51 GMT)
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