PDN - Paladin Energy

[dyna]

State Street's been bottom fishing for Santa Claus . Now holding 37 million PDN shares ( 12 % ) as at Xmas eve .
Still sideways on the chart for a month , now . S. P . holding steady for all that time at the $ 7.80 mark .
Now listed on the Toronto stock exchange , too .

 

[frugal.rock]

Current picture.
PDN top of the pops.
#1

 

[Bellcose]

SPDR reduced voting power from 12.29% to 9.51% despite increasing the number of shares held. Appears a lot of the transactions involve securities lending on behalf of the registered holders.

 

[debtfree]

Following up on @Logique2 missing post for NOV & DEC in the 2024 Yearly Comp.

10:1 Consolidation of shares in April naturally change the price of PDN.
November was a rough month and December hasn't gone anywhere. Latest price is 7.68, so overall PDN is down a little over 20% this year.

 

[brerwallabi]

Following up on @Logique2 missing post for NOV & DEC in the 2024 Yearly Comp.

10:1 Consolidation of shares in April naturally change the price of PDN.
November was a rough month and December hasn't gone anywhere. Latest price is 7.68, so overall PDN is down a little over 20% this year.

Appreciate your reminder that PDN is down 20% this year, I continue to hold.
I thought this year would be a very good year for uranium stocks, it started off so well then half way through the year a lot of uranium stocks fell over as the spot price declined
With a triple digit price certainly on the cards I can see a recovery coming in PDN.

 

[qldfrog]

Appreciate your reminder that PDN is down 20% this year, I continue to hold.
I thought this year would be a very good year for uranium stocks, it started off so well then half way through the year a lot of uranium stocks fell over as the spot price declined
With a triple digit price certainly on the cards I can see a recovery coming in PDN.

My position on uranium:
" I want to believe"..so my positions...
But reality hurts..

 

[dyna]

Still sideways on the chart for a month , now . S. P . holding steady for all that time at the $ 7.80 mark .

Seems to be out of the doldrums now , on good volume , too . 8 million PDN traded today . S.P. up 10 % to $ 9.19 .

Do yourself a favour and check out the Captain's chart today on his post # 2001 .

Quarterlies and Cash flows out today . ( See below ) Worth a read. looking good , Alles in Ordnung , I think .

 

[finicky]

Market Matters afternoon report:

• President Trump announced ‘Stargate’, a project backed by the likes of OpenAI and Oracle who will invest ~$US500bn in AI infrastructure over 5 years – the read through for energy demand lighting a rocket under uranium producers.
• Boss Energy (BOE) +14.2%, Deep Yellow (DYL) +7.9% and Paladin Energy (PDN) +10.1% all higher.

 

[finicky]

Market Matters again:

Paladin Energy (PDN) $9.19​

PDN +10.06%: Today released its December Quarter ‘24 operations update, well received by the market as lower production estimates in analyst numbers were clearly overdone.
Key highlights:

• Uranium production of 638klb
• Ore recovery averaging ~88% in December, 309klb produced in the month
• No ongoing water deliverability issues
• Cash-flow positive quarter of US$43.3m

Alongside the production numbers, we had news out of the U.S that President Trump’s administration and tech majors OpenAI, Softbank and Oracle would spend circa. US$500bn on AI infrastructure which likely includes nuclear energy infrastructure.
As we’ve written about on numerous occasions, AI and data centres are increasingly correlated with nuclear energy given the immense power requirements – the market is expecting this to feed straight through to uranium demand. All Aussie uranium boats are rising today, but we like Paladin given its exposure to the spot market and now more diversified operations after the Fission acquisition.

 

[frugal.rock]

Do yourself a favour and check out the Captain's chart today