BUZZ-Aussie uranium miner Paladin's issues "more aggressive" than expected, says Jefferies

Reuters

Mar 28, 2025

** Jefferies says issues surrounding the extent of impact to Paladin Energy's PDN.AX stockpiles and open pit mining appear "more aggressive" than its prior expectations

** Brokerage downgrades uranium miner to "hold" from "buy", slashes price target to A$5.5 from A$8.5

** Paladin on Wednesday withdrew its 2025 production outlook, citing operational disruption at its flagship Langer Heinrich mine in Namibia

** Co says operational disruption due to "one-in-fifty-year rainfall event"

** Jefferies now expects FY25 production to be 2.17 Mlb, lower than its previous expectation of 2.8 Mlb

** Also adjusts FY26 production expectations to 3.39 Mlb, down from 5.12 Mlb

** Stock down 25.3% so far this year as of last close, lagging behind a 6.2% decline on the ASX Energy index .AXEJ

(Reporting by Nikita Maria Jino in Bengaluru)

((Nikita.Jino@thomsonreuters.com))

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miner to \"hold\" from \"buy\", slashes price target to A$5.5 from A$8.5</p><p>** Paladin on <span>Wednesday</span> withdrew its 2025 production outlook, citing operational disruption at its flagship Langer Heinrich mine in Namibia</p><p>** Co says operational disruption due to \"one-in-fifty-year rainfall event\"</p><p>** Jefferies now expects FY25 production to be 2.17 Mlb, lower than its previous expectation of 2.8 Mlb</p><p>** Also adjusts FY26 production expectations to 3.39 Mlb, down from 5.12 Mlb</p><p>** Stock down 25.3% so far this year as of last close, lagging behind a 6.2% decline on the ASX Energy index <span>.AXEJ</span></p><p>(Reporting by Nikita Maria Jino in Bengaluru)</p><p>((Nikita.Jino@thomsonreuters.com))</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BK7083","symbol_name":"煤与消费用燃料","start_time":0,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20250327:nL3N3QA1R9:1","article_id":"2522558594","we_media_id":"1032215980","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2522558594","pubTimestamp":1743112256,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Reuters","introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"id":"1032215980","head_image":"https://community-static.tradeup.com/news/4567337cbdf294b657b1fa87c5488b48"},"summary":"BUZZ-Aussie uranium miner Paladin's issues \"more aggressive\" than expected, says Jefferies** Jefferies says issues surrounding the 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