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Paladin Energy Ltd ( (AU:PDN) ) just unveiled an announcement.
In its latest quarterly cash flow report, Paladin Energy Ltd reported a net cash inflow from operating activities of $43.3 million for the current quarter. This reflects a solid performance with significant receipts from customers. The company also saw net cash inflows from investing activities due to acquisitions, notably the acquisition of Fission Uranium Corp, which contributed $31.8 million in cash and cash equivalents. Meanwhile, financing activities resulted in a net cash inflow of $5 million, supported by proceeds from borrowings. The report underscores Paladin’s strategic financial management and positions the company strongly within the uranium mining sector.
More about Paladin Energy Ltd
Paladin Energy Ltd is a company operating in the mining exploration sector, focusing primarily on uranium production and related services. It is involved in the exploration and evaluation of mining sites and has a significant market focus on uranium mining and the energy sector.
YTD Price Performance: 1.52%
Average Trading Volume: 110,522
Technical Sentiment Consensus Rating: Buy
Current Market Cap: $2.07B
See more insights into PDN stock on TipRanks’ Stock Analysis page.
