Paladin Energy Ltd traded at 8.39 this Friday October 9th, decreasing 0.32 or 3.67 percent since the previous trading session. Looking back, over the last four weeks, Paladin Energy lost 26.21 percent. Over the last 12 months, its price fell by 5.09 percent. Looking ahead, we forecast Paladin Energy Ltd to be priced at 8.89 by the end of this quarter and at 8.36 in one year, according to Trading Economics global macro models projections and analysts expectations.
Paladin Energy Ltd is an Australia-based uranium miner and exploration company. The Company is engaged in the development and operation of uranium mines in Namibia together with exploration and evaluation activities in Australia and Canada. The Company's segments include Exploration, Namibia and Australia. The Exploration segment is focused on developing exploration and evaluation projects in Australia and Canada. The Namibia segment is engaged in the production and sale of uranium from the mines located in Namibia. The Company's Langer Heinrich Mine (LHM) is located in the Namib Desert, approximately 80 kilometers east of the seaport of Walvis Bay and over 40 kilometers south-east of the Rossing uranium mine.