Articles On Paladin Energy (ASX:PDN)

Paladin Energy (PDN) completes its institutional placement as part of its $215 million equity raise The placement raised around $200 million through the issue of approximately 278 million new shares at an offer price of 72 cents per share...

The S&P/ASX 200 (ASX: XJO) managed to finish the quarter 0.7% higher in price terms, but down just over 1% on an accumulation basis. This was despite the market finishing near its lows on Thursday, down 0.2%. ASX commodities show streng...

ASX XEC gains 0.5% on Thursday as falling oil prices scuttle ASX 200 Iron ore cracks US$150, AUD steadies above 75 cents Major movers today: Siren Gold (ASX:SRG), Tempest Minerals (ASX:TEM) The ASX200 – down 0.2% at the close – was tracki...

Deep Yellow to acquire fellow uranium project developer Vimy Resources in all scrip $658m deal Paladin raises $200m to restart Langer-Heinrich uranium mine in Namibia by 2024 Boss Energy also eyeing restart of its Honeymoon uranium project...

Paladin Energy Ltd [ASX:PDN] is seeking $215 million to restart its Langer Heinrich uranium mine in Namibia. The post Paladin Energy Shares Frozen on $215m Raising for Mine Restart [ASX:PDN] appeared first on Money Morning Australia.

Paladin Energy (PDN) launches $215 million equity raise to fund the restart of its Langer Heinrich uranium mine in Namibia, comprising of a single tranche share placement to raise $200 million and a share purchase plan (SPP) to raise an ad...

The Paladin Energy Ltd (ASX: PDN) share price is on ice today amid a capital raise to restart work at a uranium mine. The uranium miner’s shares were swapping hands for 79 cents apiece before grinding to a halt. In yesterday’s trade, the...

Paladin Energy is readying a deal at 72c a share via Canaccord Genuity and Shaw and Partners.

Shaw and Partners is pleased to be appointed as Joint Lead Manager and Underwriter to a proposed $215.0 million capital raising by Paladin Energy (ASX.PDN) which will ful... Read More

World Overnight SPI Overnight 7415.00 + 38.00 0.52% S&P ASX 200 7412.40 + 6.20 0.08% S&P500 4575.52 + 32.46 0.71% Nasdaq Comp 14354.90 + 185.60 1.31% DJIA 34955.89 + 94.65 0.27% S&P500 VIX 19.63 – 1.18 – 5.67% US...

The ASX closed 0.3% higher today as Treasurer Josh Frydenberg prepares to deliver his fourth Federal budget to the nation tomorrow night. The Budget is expected to see $120bn of funds allocated to sectors such as defence, infrastructure and...

ASX finished the week on a positive note Bond traders signal RBA rate hike this year Rotation to cyclical sectors in equities Local blue chips traded in positive territory all day and closed 0.26% higher. For the week, the benchmark ASX 2...

The S&P/ASX 200 Index (ASX: XJO) is enjoying a day of solid gains as it stands so far this Tuesday. At the time of writing, the ASX 200 is up by a robust 1.28% at just over 7,370 points. So let’s dive deeper into this pleasing performa...

Highlights The benchmark ASX 200 was up 0.76% to 7,347.7 in the first 15 minutes of trading. US stocks took a U-turn on Monday, after rallying for four straight sessions. The energy and materials sectors were roaring today with gains...

By Greg Peel Misleading I suggested on Friday morning that despite the futures showing up 37 points following another Wall Street rally, the local market may still see a late sell-off on a Friday in the middle of a war. Anything could happe...

Flight Centre tops the list as most shorted stock Short sellers bet against Betmakers Nanosonics also targeted as one year share price tumbles In Short & Caught, Stockhead recaps the ASX stocks that are the most shorted and have had...

On 18th March 2022, the equity market of Australia settled in green. On the same day, ASX Midcap50 rose by 0.86% and ASX 200 was up by 0.60%. ASX All Ordinaries moved up by 0.66% to 7,571.20. Data Source: ASX, Table Source: Copyright © 2...

A third day of gains lifted the share market to its highest close in a month as a rebound in commodity prices boosted mining and energy companies. The S&P/ASX 200 rallied 44 points or 0.6 per cent to 7294. The index closed less than...

Highlights The ASX Small Ordinaries index has inched up 0.27% to 3,266.5, by 12:30 PM AEDT. MCM, E2M and WNX are three ASX penny stocks making investors happy on Friday. Investors must do a thorough due diligence before investing in p...

Goldman Sachs says Rio’s Oyu Tolgoi bid a 43% discount to valuation Sanction threat tightens around Russian resources oligarchs with Aussie interests Materials index gains 1.41% in morning session on Friday Rio Tinto (ASX:RIO) could be fo...

Mining and energy stocks lifted the ASX towards a third straight gain following overnight rebounds in crude oil and bulk metals. The S&P/ASX 200 rallied 29 points or 0.39 per cent by mid-session. The advance put the index on track fo...

Highlights The benchmark ASX 200 index rose 0.08% to 7,264.9 in the first 15 minutes of trading today. On Thursday, major Wall Street indices continued their rally from the previous day. The energy sector was the top gainer in the mor...

Aura has defined a vanadium resource at its Tiris project in Mauritania that could significantly reduce the effective cost of producing uranium. The company has defined a 18.4 million pound resource after confirming a consistent vanadium (V...

Kopore Metals has inked a deal to get its hands on historical mining data from Paladin Energy for its Agadez project in Niger, West Africa. The company says the dataset will bolster future work programs.

Local shares have clawed back losses from Friday, gaining 1.21% in a session where 10 out of 11 sectors rose. Financials, Healthcare, Discretionary were some of the best performing sectors today. Even the Tech finished in the green, despite...

The ASX 200 index has closed 1% higher on Monday, while the ASX Emerging Companies (XEC) index shed earlier gains to finish down 0.1%. Disappointing, really. It shoulda been a day for the little guys. Asia was mixed. Although not the Hong K...

Renewed optimism about Russia-Ukraine peace talks helped curb soaring commodity prices and lift Australian shares to their highest in more than a week. The S&P/ASX 200 rallied 86 points or 1.21 per cent as rising US equity futures sh...

It’s pretty easy to see the benefits of investing in ASX shares, or sharemarkets around the world for that matter, when markets are rising. The S&P/ASX 200 Index (ASX: XJO) gained a very healthy 13% or so over 2021. And that followed e...

The S&P/ASX 200 Index (ASX: XJO) has started the week strongly. In afternoon trade, the benchmark index is up 1.2% to 7,147.8 points. Four ASX shares that have failed to follow the market higher today are listed below. Here’s why they...

The share market reversed Friday’s loss as reports of progress in Russia-Ukraine peace talks boosted US equity futures and drove down the price of oil. The S&P/ASX 200 rallied 83 points or 1.18 per cent by mid-session. Ten of 11 s...

Highlights The benchmark ASX 200 was trading 0.88% up at 7,125 in the first 15 minutes of trading on Monday. Major US stock indices ended lower on Friday as technology and growth shares fell sharply. All 11 sectors are trading higher...

Kopore Metals (KMT) will acquire historical mining information from Paladin Energy (PDN) for the Agadez uranium project in Niger, after the companies entered an agreement Paladin previously owned the project where it completed a drilling p...

Australian shares were poised to open higher as commodity gains and reports of progress in Ukraine-Russia peace talks help offset falls on Wall Street. ASX futures rallied 20 points or 0.28 per cent, signalling early relief following las...

The S&P/ASX 200 Index (ASX: XJO) is enduring a disappointing end to the week’s trading this Friday after yesterday’s strong gains. At the time of writing, the ASX 200 has lost 0.8% at just under 7,100 points. But rather than letting th...

ASX to fall, US inflation highest in 40 years US inflation soared to 7.9% in the past year, outpacing the 7.5% year-on-year recorded last month as it hits a new 40-year high. The high CPI is expected to keep the Fed’s plan to hike rates, sl...

On 10th March 2022, the equity market of Australia ended the trading session in green. On the same day, ASX Midcap50 rose by 1.50% and ASX 200 was up by 1.10%. ASX All Ordinaries went up by 1.08% to 7,410.90. Data Source: ASX, Table Sour...

Highlights  Uranium price soars to its highest since 2012 amid supply concerns from Russia. Australia, being one of the top producers of Uranium in the world, is getting a lot of attention on this front. On the ASX, four stocks - PDN,...

Highlights The ASX 200 closed up 1.1% with the tech sector up 3.3% and financials up 2.8%. Equities across Europe, US and Asian markets were largely in green. Markets reacted to Ukrainian President Volodymyr Zelensky’s statement of be...

The Paladin Energy Ltd (ASX: PDN) share price surged 11% into the green today to close at 85.5 cents. That marks a 22.14% jump in the past two days as uranium shares such as Paladin benefit from record-high uranium prices spurred on by a...

Rio Tinto (ASX:RIO) executive Bold Baatar maybe failed to read the room at a conference in the US, when he said the company’s Oyu Tolgoi mine in Mongolia — hemmed in on either side by belligerent powers in Russia and China — would find it t...

Today, the S&P/ASX 200 Index (ASX: XJO) caught the wave of optimism that flowed on from a stellar showing on US markets last night. At the end of the session, the benchmark index finished 1.1% higher at 7,130.8 points. The biggest con...

Local shares were up just over 1% today, following the rally in global equity markets overnight. Wall Street and UK stock markets surged strongly after Ukranian President Volodymyr Zelensky said he was open to compromise on some of Russia’s...

The share market logged its highest close in a week after a sharp retreat in commodity prices soothed concerns about inflation and global growth. The S&P/ASX 200 climbed 78 points or 1.1 per cent to 7130.8.   A “risk on” session s...

ASX uranium shares are exploding today on the back of decade-high uranium prices and industry optimism. Among the stocks leaping higher today are Boss Energy Ltd (ASX: BOE), Paladin Energy Ltd (ASX: PDN), Deep Yellow Limited (ASX: DYL), a...

Highlights The ASX Small Ordinaries index (ASX:XSO) surged 1.42% to 3,219 by 12:30 PM AEDT. AHI, MYR and AEV are three penny stocks outperforming the broader markets today. Known for extremely high volatility and wild swings, penny st...

In afternoon trade, the S&P/ASX 200 Index (ASX: XJO) has followed Wall Street’s lead and is charging higher. At the time of writing, the benchmark index is up 1.5% to 7,160.8 points. Four ASX shares that are climbing more than most tod...

Rio Tinto (ASX:RIO) shares tumbled 7.62% this morning after the mining giant went ex-dividend along with South32 (ASX:S32). But iron ore prices also softened overnight, falling below US$160/t on reports of a year on year drop in Chinese ste...

Gains in banking and growth stocks lifted the ASX towards a second-straight gain after a cool-off in commodity prices inspired Wall Street’s best night in more than a year. The S&P/ASX 200 rallied 90 points or 1.27 per cent by mid-se...

Highlights ASX 200 was trading 0.16% up at 7,073.2 in the first 15 minutes of trading. Global stock markets ended higher on Wednesday, after three straight days of selling. The energy sector is down over 3.3% due to a significant fall...

On 09th March 2022, the equity market of Australia settled in green. On the same day, ASX Midcap50 rose by 1.54% and ASX 200 was up by 1.04%. ASX All Ordinaries went up by 1.09% to 7,331.80. Data Source: ASX, Table Source: Copyright © 20...