Articles On Paladin Energy (ASX:PDN)

Highlights The price of uranium has increased by 43.81% in 2021 to trade above US$40 per pound. The US and China are supporting nuclear power as a part of their aim to limit carbon emissions and attain carbon neutrality. The demand fo...

The ASX 200 index traded in the red since the opening bell, but pared losses towards the close and ended just 0.27% lower. The loss followed action on Wall Street overnight, as US investors digested weaker than expected US CPI data. The ene...

The S&P/ASX 300 Index (ASX: XKO) is in reverse today, wiping out most of this week’s gains. At the time of writing, the ASX 300 is hovering around 7,423 points, down 0.24%. Since hitting a record high of 7,625 points on 13 August, the...

The Deep Yellow Limited (ASX: DYL) share price joins the growing list of booming ASX uranium shares, surging 53.8% in September. This marks an 8-year high of $1.215. Deep Yellow is a uranium explorer operating out of Namibia. Its growth s...

Monday was wild for ASX uranium stocks, with 21 ending the day on double digit percentage gains. Uranium investor sentiment is sky high. Every #ASX stock on our list, except one, is making gains in morning trade Monday. At least 20 of them...

The ASX 200 posted a steady ~0.2% gain in a fairly uneventful Tuesday session, ahead of US inflation data later tonight. It was a session highlighted by big gains in oil & gas, as the ASX 200 Energy index jumped by 4.51% — its equal-bes...

World Overnight SPI Overnight (Jun) 7421.00 – 14.00 – 0.19% S&P ASX 200 7425.20 + 18.60 0.25% S&P500 4468.73 + 10.15 0.23% Nasdaq Comp 15105.58 – 9.91 – 0.07% DJIA 34869.63 + 261.91 0.76% S&P500 VIX 19.37 – 1.58 –...

With the iron ore price continuing to circle the US$130/t mark it was the other commodities that did the heavy lifting for the materials sector today. Gold miners were strong performers, with Evolution Mining (ASX:EVN), OZ Minerals (ASX:OZL...

The DevEx Resources Ltd (ASX: DEV) share price is extending its month-long run on Monday. At the time of writing, shares in the mining exploration company are trading 15% higher to 36 cents per share. The continued momentum in the company’...

The Paladin Energy Ltd (ASX: PDN) share price has been on a relentless rally this month, up 90% to an 8-year high of 97 cents. The sudden re-rate in Paladin Energy shares has largely been driven by an uplift in uranium spot prices, running...

ASX uranium shares are surging on Monday as spot prices boom to above US$40/lb for the first time in 8-years. ASX uranium shares deliver double-digit gains across the board The largest ASX-listed uranium player, Paladin Energy Ltd (ASX: P...

The uranium space is going bonkers. The spark has been the Sprott Physical Uranium Trust (SPUT), which started buying up physical uranium and taking it out of market circulation in August. So far, this has pushed spot price to +6-year highs...

The S&P/ASX 300 Index (ASX: XKO) is edging higher on Monday, regaining lost ground from last week’s fall. During early-afternoon trade, the ASX 300 is up 0.17% to 7,422 points. This means that the index is around 2.6% off its record hi...

ASX uranium shares are in the spotlight as uranium prices reach 7-year highs. Uranium traded as low as US$20 (AU$27) per pound in the aftermath of the tsunami-driven meltdown at Japan’s Fukushima nuclear power plant on 11 March 2011. Today...

ASX uranium shares have boomed to multi-year highs following a boom in uranium prices. Uranium spot prices have been in a prolonged bear market, plunging from around US$136/lb in 2008 to below US$30/lb between mid-2016 and early-2020. It...

The uranium sector is heating up and the Deep Yellow Limited (ASX: DYL) share price is no exception. Shares in the uranium explorer have added another 6.38% to $1 on Wednesday, lifting its performance for the past month to an impressive 4...

‘Guy on Rocks’ is a Stockhead series looking at the significant happenings of the resources market each week. Former geologist and experienced stockbroker Guy Le Page, director and responsible executive at Perth-based financial services pro...

After the largest three week rise on record for the uranium price, brokers lift their long-term uranium price forecasts and raise price targets for shares. -Largest spot market volumes since 1966-Long-term uranium forecast price of US$60-Th...

The ASX 200 finished strong to end the day higher, after being down for most of the day. The biggest losses were in the Energy sector, which fell by more than 1.7% as oil prices dropped 1% on Friday. Energy plays like Woodside Petroleum (AS...

The Paladin Energy Ltd (ASX: PDN) share price continues its recent momentum, surging 8.33% in early trade on Monday. At the time of writing, the uranium miner’s share price is up 5.13% at 82 cents a share. Here’s what might be driving the...

Lithium companies Vulcan Energy Resources and Liontown Resources will join the index, as will uranium hopeful Paladin Energy. Alkane Resources spin-off ...

By Greg Peel Normal Programming After the sideshow that was Thursday’s trade on the ASX, Friday saw a more sensible session, once again led by the resource sectors after Thursday’s BHP Group ((BHP)) ex-dividend tailspin. The ASX200 opened u...

Uranium is going gangbusters right now. The spot uranium price has pushed past $35/lb for first time in six years thanks to the Sprott Physical Uranium Trust (SPUT) sparking the lift when it started buying up and storing physical uranium. S...

Sleepy tiddler Genesis Resources up 55% on no news, goes into trading halt Newly listed gold and base metals explorer Ballymore up ~100% in early trade ASX uranium stocks surge as spot price surpasses 6-year highs Here are the biggest sma...

The spot uranium price has punched through $35/lb for first time in six years. The spark for this price rise is the Sprott Physical Uranium Trust (SPUT), which started buying up and storing physical uranium a few weeks back. Big day as #Ur...

BHP (ASX:BHP) lost nearly 7% after trading ex-dividend today, and has wiped all of its 2021 gains and more. The BHP stock price was also under pressure after spot iron ore price fell by almost 6% overnight. Meanwhile, it’s been a reporting...

The S&P/ASX 300 Index (ASX: XKO) is continuing its run into negative territory today following the wrap-up of earnings season. At the time of writing, the ASX 300 is down 0.71% to 7,475 points. This means the index has almost erased it...

A fresh wave of optimism is washing across Australian uranium explorers as nuclear power stakes a claim in the drive to decarbonise the world, but a second wave of genuine demand from power utilities is required to make the recovery stick....

The ASX 200 index fell today,  despite the latest Australian GDP data showing a 0.7% growth in the last quarter, beating expectations of 0.3%. The data however did not take into account the latest lockdowns, and economists are expecting a f...

Metallurgical coal prices in China have soared to record highs in recent weeks, in turn raising the floor for Australian product that has been directed to other markets since an unofficial ban started last year. The self-destructive nature...

The S&P/ASX 300 Index (ASX: XKO) is dragging lower on Wednesday, following the wrap up of the August earnings season. During mid-afternoon trade, the ASX 300 is down 0.31% to 7,513 points. Let’s take a look at which ASX companies are m...

Morgan Stanley has flagged Liontown Resources and Paladin Energy as potential inclusions in the ASX 300. Fortescue Metals Group plans to release scope 3 ...

The ASX 200 made a positive start to the week, rising by 0.22%. The mining sector was the clear winner today, rising by 3% while other sectors seesawed between gains and losses. Consumer Discretionary was the biggest drag on the broad index...

Last week, the Sprott Physical Uranium Trust (SPUT) started buying up physical uranium, taking it out of market circulation. This yellowcake will be sequestered for the long term. Last week it was 900,000lb. On Tuesday another 400,000lb was...

The ASX 200 edged higher for a second straight day following the strong lead from Wall Street overnight. But with a gain of 0.17%, it was again overshadowed by the microcap Emerging Companies index which rose more than 1%. In line with the...

The ASX 200 fought back from a slow start to finish 0.12% lower in Wednesday trade, as local stocks struggle for traction after hitting new record highs this month. The major banks helped to drag the index higher, as the ASX 200 Financials...

After another steady move higher in August, markets have come off the boil as the ASX 200 posted its second straight daily fall to start the week. The index followed up yesterday’s 0.6% fall with a 0.8% drop, with consistent declines across...

Perth-based Elevate Uranium (ASX: EL8) has appointed experienced uranium geologist Dr Andy Wilde to the role of exploration manager in charge of a strong portfolio of uranium assets across Australia and Namibia. Dr Wilde’s career in explora...

The ASX 200 touched new fresh intraday highs today of 7,615, before softening towards the close to 7,576 for a 0.19% gain. Utilities, energy, and miners were the best performers, while tech and telco stocks underperformed. Commonwealth Bank...

Fortescue Metals Group (ASX:FMG) CEO Elizabeth Gaines predicts steel production in China will not drop below 2020 levels despite talk of production cuts in the steelmaking powerhouse. She told delegates at the Diggers and Dealers Mining For...

  LIONTOWN RESOURCES (ASX:LTR) Charged up by both the resurgence of the lithium sector and its own progress at the Kathleen Valley Lithium Project in the Goldfields, Liontown Resources is one of the strongest performers among the presenters...

It is 2021 and green hydrogen always had to make an appearance, so Fortescue Metals Group’s (ASX:FMG) closing presentation at 3.30pm AWST will be one to look out for. CEO Elizabeth Gaines is not Twiggy Forrest himself, who seems to have com...

The big end of town cooled off a bit to end the week, as mining stocks eased back while the broader ASX200 drifted lower into the close. It followed two days of strong gains for the ASX200 Materials index, which gained an impressive 7.3% fo...

The ASX200 chalked up another day of gains in Thursday trade, and once again it was resources leading the way. The ASX200 Materials index posted a solid 1.51% gain, and has now risen by at least 1% on five of the last seven trading days. Pr...

The big miners broadly moved up today as Fortescue Metals Group (ASX:FMG) led the quarterly reporting rodeo by posting record results from its Pilbara iron ore mines. Resolute Mining (ASX:RSG), Regis Resources (ASX:RRL) and Sandfire Resourc...

The ASX200 continued tracking a steady path forward, as the broader economy looks set to take a hit from Sydney’s ongoing COVID-19 troubles. Across sectors, the ASX200 indexes for both Resources and the Materials continued on their merry wa...

An airborne electromagnet (EM) survey over Elevate Uranium’s (ASX: EL8) uranium tenements in Namibia has generated “outstanding results”. The survey was undertaken across the company’s tenements in the Namib Area of the country and covered...

While multiple states continue grappling with COVID-19 outbreaks, the ASX stayed buoyant on Thursday to chalk up healthy gains for the third straight session. Mining and materials stocks continued their rebound from earlier in the week, as...

A definitive feasibility study for the Tumas uranium project in Namibia is advancing towards completion by year end for owner Deep Yellow (ASX: DYL). The study is targeting an annual production rate of up to 3 million pounds uranium underpi...

There were few winners at the big end of town, as local stocks sold off sharply following a weak lead from Wall Street. The ASX200 Energy index fell by more than two per cent, accompanying a selloff in oil prices after OPEC member states ag...