Paladin Energy
PDN.ASXEnergy
Energy
Market Data
$9.130
+0.1%$3.8B
-100000.0x
$-0.106
0.00%
-0.1%
Latest Earnings
Quarterly Report - June 2026
22 July 2026
Paladin Energy successfully completed the Langer Heinrich Mine ramp-up in Q4 FY2026, achieving FY2026 production guidance of 4.82Mlb U₃O₈ at an upper-end cost of US$43.3/lb, while advancing the Patterson Lake South Project to Construction Licence sufficiency status with a targeted regulatory completion by end-2027. The company sold 4.35Mlb U₃O₈ at an average realised price of US$70.0/lb for the full year and made a significant new high-grade uranium discovery (Atlas) 3.5km south of Triple R, with strong cash position of US$265M and an undrawn US$70M credit facility. Key points: Langer Heinrich Mine ramp-up successfully completed with full mining fleet operational, achieving upper-end of FY2026 production guidance at 4.82Mlb U₃O₈; FY2026 uranium sales of 4.35Mlb U₃O₈ exceeded upper-end of guidance range at average realised price of US$70.0/lb, demonstrating strong demand and pricing; Cost of production of US$43.3/lb for FY2026 achieved at lower-end of guidance range, reflecting operational efficiency improvements
Recent Announcements
Quarterly Report - June 2026
Paladin Energy successfully completed the Langer Heinrich Mine ramp-up in Q4 FY2026, achieving FY2026 production guidance of 4.82Mlb U₃O₈ at an upper-end cost of US$43.3/lb, while advancing the Patterson Lake South Project to Construction Licence sufficiency status with a targeted regulatory completion by end-2027. The company sold 4.35Mlb U₃O₈ at an average realised price of US$70.0/lb for the full year and made a significant new high-grade uranium discovery (Atlas) 3.5km south of Triple R, with strong cash position of US$265M and an undrawn US$70M credit facility. Key points: Langer Heinrich Mine ramp-up successfully completed with full mining fleet operational, achieving upper-end of FY2026 production guidance at 4.82Mlb U₃O₈; FY2026 uranium sales of 4.35Mlb U₃O₈ exceeded upper-end of guidance range at average realised price of US$70.0/lb, demonstrating strong demand and pricing; Cost of production of US$43.3/lb for FY2026 achieved at lower-end of guidance range, reflecting operational efficiency improvements
Langer Heinrich Mine FY2027 Guidance
Paladin Energy Ltd released FY2027 guidance for its Langer Heinrich Mine, projecting uranium production of 5.1-5.6 Mlb U₃O₈ with production costs of US$44-48/lb, capital expenditure of US$29-35M, and sales volumes of 4.8-5.3 Mlb, following successful completion of mining and processing ramp-up.
Ceasing to be a substantial holder
Sprott Asset Management USA Inc. conducted numerous on-market share purchases on 8 January 2025 at an average price of 5.312, acquiring shares across multiple transactions with the aggregate effect of ceasing to be a substantial holder in the company.
Ceasing to be a substantial holder (replacement)
Sprott Asset Management USA Inc. conducted numerous on-market share purchases on August 1, 2025, at $5.312 per share across multiple transactions, resulting in the entity ceasing to be a substantial shareholder.
Ceasing to be a substantial holder
Sprott Inc. (Sprott) and its controlled entities ceased to be a substantial holder in Paladin Energy Ltd (ASX: PDN) on 18 June 2026, as notified to the company on 10 January 2025. The cessation resulted from various trades in Paladin Energy shares by Sprott Asset Management USA Inc. and other Sprott Group entities, as detailed in the change notice.
Ceasing to be a substantial holder
JPMorgan Chase & Co. and its affiliates ceased to be a substantial holder.
Becoming a substantial holder
Unable to summarize - announcement text is not readable in its current format
Becoming a substantial holder
JPMorgan Chase & Co. and its affiliates became a substantial holder (5.03%).
Quarterly Report - March 2026
Paladin Energy delivered strong Q3 FY2026 results with U3O8 production of 1.29Mlb (up 5% QoQ) and raised full-year production guidance to 4.5-4.8Mlb from 4.0-4.4Mlb, reflecting successful mining fleet mobilization and high processing plant recovery rates. The company achieved an average realized price of US$68.3/lb with production costs of US$40.3/lb, while securing critical Environmental Impact Statement approval for the Patterson Lake South project in Canada. Cash position remains strong at US$219.5M with an undrawn US$70M credit facility, though geopolitical risks from Middle East conflicts are being closely monitored. Key points: Production guidance raised to 4.5-4.8Mlb U3O8 for FY2026 (+12.5% midpoint increase) reflecting strong operational execution and improved feed grades; Q3 production of 1.29Mlb up 5% QoQ with 92% plant recovery rate demonstrating operational momentum and processing plant efficiency; Environmental Impact Statement approval received from Saskatchewan Government for Patterson Lake South project, clearing major regulatory milestone for Canadian development
LHM Guidance Revision - Increase FY2026 Production Range
Paladin Energy Ltd has raised its FY2026 production guidance for the Langer Heinrich Mine (LHM) to 4.5-4.8 Mlb U₃O₈ from 4.0-4.4 Mlb, reflecting strong ramp-up performance with 3.6 Mlb produced in the first nine months; the company also reduced capital expenditure guidance to US$15-17M from US$26-32M due to reprioritisation of spending.
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