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Paladin Energy Reports Revenue Surge but Posts Loss for Half-Year 2024

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Paladin Energy Reports Revenue Surge but Posts Loss for Half-Year 2024

Paladin Energy Ltd ( (AU:PDN) ) has issued an announcement.

Paladin Energy Ltd reported a significant increase in revenue from uranium oxide sales, reaching $77.255 million for the half-year ending December 31, 2024, compared to no revenue in the previous period. Despite the revenue growth, the company experienced a loss after tax of $4.57 million, a stark contrast to the $61.408 million profit in the previous year. This financial performance reflects a challenging period for Paladin Energy, impacting its earnings per share and resulting in no dividends being declared.

More about Paladin Energy Ltd

Paladin Energy Ltd is a company operating in the energy sector, primarily focused on the production and sale of uranium oxide. The company is involved in the uranium mining industry, which supplies raw materials for nuclear power generation.

YTD Price Performance: -10.86%

Average Trading Volume: 140,132

Technical Sentiment Consensus Rating: Buy

Current Market Cap: $1.91B

For an in-depth examination of PDN stock, go to TipRanks’ Stock Analysis page.

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