0128 GMT - Uranium miner Paladin Energy leads the ASX 200 higher, notching a share-price rise of 22% on a stronger-than-expected performance in 3Q and comforting words around the impact of Trump's tariffs. Production and sales were 28% and 43% of consensus forecasts, respectively, despite bad weather in the quarter, says Barrenjoey. "Average realized price of US$69.9/lb was also a 7% beat, representing a 2% premium to the benchmark price," analyst Glyn Lawcock says. Cost of production was also 15% below consensus forecasts. The stock is up 21% at A$4.83. (david.winning@wsj.com; @dwinningWSJ)
(END) Dow Jones Newswires
April 22, 2025 21:28 ET (01:28 GMT)
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