Paladin Energy (TSE:PDN) Upgraded at UBS Group

UBS Group upgraded shares of Paladin Energy (TSE:PDN) to a hold rating in a research note released on Wednesday morning,Zacks.com reports.

Separately, Canaccord Genuity Group raised shares of Paladin Energy to a “strong-buy” rating in a research note on Monday, April 20th. One investment analyst has rated the stock with a Strong Buy rating and two have assigned a Hold rating to the stock. Based on data from MarketBeat, the company has a consensus rating of “Moderate Buy”.

Paladin Energy Stock Performance

Shares of PDN opened at C$12.04 on Wednesday. Paladin Energy has a twelve month low of C$4.88 and a twelve month high of C$14.40. The firm has a 50 day moving average of C$11.90. The company has a market capitalization of C$5.41 billion, a price-to-earnings ratio of -105.80 and a beta of -172.38.

Paladin Energy Company Profile

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.