Paladin Energy

Paladin Energy reported half-year revenue of $106 million vs. $101 million expected and recorded FY2026 revenue growth of 71% to $304 million. The Langer Heinrich mine completed its ramp-up and produced 4.82 million pounds of U3O8; operating cash flow was positive at $37.7 million. The balance sheet shows $265 million in cash plus an undrawn $70 million credit facility, while the net loss narrowed to $9.1 million. Management is focused on the Canadian development project Patterson Lake South, which has entered the FEED phase and aims for a final investment decision by the end of 2027. » Więcej na de.investing.com

Paladin Energy reported 1.23 million pounds of U3O8 for the June quarter and a full-year 2026 production of 4.82 million pounds, reaching the upper end of guidance. Sales volumes and total off-take exceeded expectations, the quarterly average price was USD 70.6 per pound, and costs remained below the target range. For 2027 the company expects production of 5.1–5.6 million pounds U3O8 with cash costs of USD 44–48 per pound, as the mine’s ramp-up phase is complete. As of 30 June 2026 Paladin had cash and cash equivalents of USD 265 million, a net cash position of USD 113 million and available liquidity of USD 335 million. » Więcej na de.investing.com

Shares of Paladin Energy jumped about 6% after Australia and India finalized an administrative arrangement that enables commercial uranium exports to India. The deal activates the civil nuclear cooperation agreement delayed since 2014 and also boosts other Australian uranium producers such as Deep Yellow and Boss Energy. India plans to expand its nuclear power capacity, making Australia — with its large uranium deposits — an important supplier. » Więcej na de.investing.com