Paladin Energy Swings to Fiscal Q3 Profit, Posts Higher Revenue; Raises Fiscal 2026 Langer Heinrich Mine Production Outlook
MT Newswires Live
May 13
Paladin Energy (ASX:PDN) reported Wednesday that it swung to a profit of $0.002 per share in the fiscal third quarter from a loss of $0.064 a year earlier.
Revenue for the three months ended March 31 was $70.7 million, compared with $61 million a year earlier. Analysts surveyed by FactSet expected $70.3 million.
The company raised its fiscal 2026 production guidance for the Langer Heinrich Mine to 4.5 million to 4.8 million pounds of triuranium octoxide, up from 4 million to 4.4 million pounds, due to strong year-to-date performance. Capital and exploration expenditure is now expected to range from $15 million to $17 million, compared with $26 million to $32 million previously.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.