BUZZ-Jefferies, Citi cut PT on Australia's Paladin Energy over mine ramp-up issues

Reuters
2024-10-29

** Analysts at Jefferies still see Paladin Energy delivering its full-year production guidance, while Citi reiterates that company's production is still H2-weighted

** Jefferies, however, downgrades the uranium miner's PT to A$14.00/shr from A$14.50/shr due to possible volatility in FY25 from Langer Heinrich mine $(LHM.AU)$ ramp-up

** Citi also downgrades PT to A$14.60/shr from A$15.00/shr over LHM ramp-up issues causing PDN's FY25 NPAT estimates to decline around 11%

** A planned shut-down ... is scheduled for November 2024 and is expected to run for approximately two weeks - Paladin

** Both brokerages remain "buy" rated on PDN, retaining enough exposure in the market

** Stock up 5.2% YTD, as of last close

(Reporting by Shivangi Lahiri in Bengaluru)

((shivangi.lahiri@thomsonreuters.com))

免責聲明:投資有風險,本文並非投資建議,以上內容不應被視為任何金融產品的購買或出售要約、建議或邀請,作者或其他用戶的任何相關討論、評論或帖子也不應被視為此類內容。本文僅供一般參考,不考慮您的個人投資目標、財務狀況或需求。TTM對信息的準確性和完整性不承擔任何責任或保證,投資者應自行研究並在投資前尋求專業建議。

熱議股票

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10