BUZZ-Australia's Paladin Energy surges on higher uranium output
Reuters
Yesterday
BUZZ-Australia's <a href="https://laohu8.com/S/PDN.AU">Paladin Energy</a> surges on higher uranium output
** Shares of Paladin EnergyPDN.AX rise as much as 11.7% to A$13, hitting their highest level since Oct. 21
** Stock logs its biggest intraday pct gain since Oct. 29
** Uranium producer reports output of 1.23 million lb of uranium oxide (U3O8) at Langer Heinrich mine in Namibia, up 16% on previous quarter
** PDN sells 1.43 million lb of uranium oxide (U3O8) from mine, higher than 0.53 Mlb sold from previous quarter
** Stock among top gainers on ASX200 .AXJO benchmark, which is down 0.3%
** Stock lost over 26% in 2025
(Reporting by Rajasik Mukherjee in Bengaluru)
((Rajasik.Mukherjee@thomsonreuters.com))
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