Paladin Energy (TSE:PDN) Upgraded at UBS Group

Key Points

• UBS upgraded Paladin Energy to a "hold" and Canaccord Genuity raised the stock to "strong-buy," leaving an overall analyst mix of one Strong Buy and two Holds and an average rating of "Moderate Buy."
• Shares were trading down about 4.3%, opening at C$12.45 with a market cap of C$5.59 billion, a negative P/E of -109.40, a 50‑day moving average of C$11.89, and a 1‑year range of C$4.80–C$14.40.
• Paladin Energy is an Australia‑headquartered uranium company that develops, mines and sells U3O8 to the global nuclear fuel market, with notable assets including the Langer Heinrich mine and the Kayelekera project.

Paladin Energy (TSE:PDN - Get Free Report) was upgraded by research analysts at UBS Group to a "hold" rating in a research report issued on Wednesday,Zacks.com reports.

Separately, Canaccord Genuity Group raised shares of Paladin Energy to a "strong-buy" rating in a research note on Monday. One analyst has rated the stock with a Strong Buy rating and two have given a Hold rating to the company. Based on data from MarketBeat.com, Paladin Energy presently has an average rating of "Moderate Buy".

Paladin Energy Trading Down 4.3%

TSE:PDN opened at C$12.45 on Wednesday. The firm has a market capitalization of C$5.59 billion, a price-to-earnings ratio of -109.40 and a beta of -172.38. The firm has a 50 day moving average price of C$11.89. Paladin Energy has a 1-year low of C$4.80 and a 1-year high of C$14.40.

About Paladin Energy

Paladin Energy Ltd TSE: PDN is an Australia-headquartered company engaged in the uranium industry, with activities spanning exploration, development, mining and the sale of uranium concentrate to the global nuclear fuel market. The company focuses on advancing uranium projects through the full project lifecycle, from resource definition and permitting to production and product marketing, aiming to supply U3O8 to utilities and traders that fuel nuclear power generation.

Historically, Paladin's most prominent assets have included the Langer Heinrich uranium mine in Namibia and the Kayelekera project in Malawi.

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