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Paladin Energy Ltd
(Sydney:PDN)
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Rating:68Neutral
Price Target:
AU$13.50
â–²(7.40% Upside)
Action:Reiterated
Date:08/27/26
The score is driven primarily by improving financial performance (revenue/profitability inflection and a strong balance sheet) and supportive technical momentum (price above major moving averages with positive MACD). These positives are tempered by weak valuation signals due to inconsistent profitability (negative P/E, no dividend support) and earnings-call risks tied to ongoing net losses and future funding/execution requirements for Patterson Lake South.
Positive Factors
Langer Heinrich production scale-up
Completion of the Langer Heinrich ramp-up establishes a producing operating base and should support more predictable revenue, cash generation and cost absorption, provided the mine sustains production at its targeted operating level.
Negative Factors
Profitability remains early-stage
The remaining net loss shows that improved production and revenue have not yet translated into durable bottom-line profitability. Thin earnings leave results sensitive to uranium prices, operating performance and cost control.
Read all positive and negative factors
Positive Factors
Negative Factors
Langer Heinrich production scale-up
Completion of the Langer Heinrich ramp-up establishes a producing operating base and should support more predictable revenue, cash generation and cost absorption, provided the mine sustains production at its targeted operating level.
Read all positive factors
Paladin Energy Ltd (PDN) vs. iShares MSCI Australia ETF (EWA)
Market Cap
AU$5.31B
Dividend YieldN/A
Average Volume (3M)3.43M
Price to Earnings (P/E)―
Beta (1Y)2.60
Revenue GrowthN/A
EPS GrowthN/A
CountryAU
Employees549
SectorEnergy
Sector Strength52
IndustryUranium
Share Statistics
EPS (TTM)-0.12
Shares Outstanding449,358,430
10 Day Avg. Volume3,569,778
30 Day Avg. Volume3,426,447
Financial Highlights & Ratios
PEG Ratio-4.70
Price to Book (P/B)2.43
Price to Sales (P/S)9.05
P/FCF Ratio130.74
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price Target
AU$13.27Price Target Upside5.58% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering14
EPS Forecast (FY)0.13
Revenue Forecast (FY)AU$427.88M
Paladin Energy Ltd Business Overview & Revenue Model
Company Description
Established in Perth, Australia, in 1993, Paladin Energy Limited (which adopted its current name in November 2007, previously known as Paladin Resources Ltd) is a company focused on the exploration, development, and operation of uranium mines. Its...
How the Company Makes Money
Paladin primarily makes money by producing and selling uranium oxide concentrate (U3O8) from its mining operations. Revenue is generated when U3O8 is delivered to customers under sales arrangements that may include longer-term contracts and/or spo...
Paladin Energy Ltd Earnings Call Summary
Earnings Call Date:Aug 26, 2026
(Q4-2026)
| Next Earnings Date:Nov 18, 2026
Earnings Call Sentiment Positive
The call emphasized a defining year marked by a successful ramp-up at Langer Heinrich, strong revenue growth (+71% to USD 304m), improved cash generation and meaningful de-risking of the Patterson Lake South project. Key positives (production at the top of guidance, strong liquidity, operational safety and PLS milestones) outweigh the remaining negatives (a small net loss of USD 9.1m, reserve/inventory adjustments, ongoing pre-FID funding needs and reliance on short-term product financing). The company communicated progress on both operational delivery and project development while maintaining flexibility on funding options.Positive Updates
Successful Langer Heinrich Ramp-Up and Production
Completed ramp-up at Langer Heinrich Mine, delivering annual production of 4.82 million lbs U3O8 and sales of 4.35 million lbs; final production was at the top end of the revised guidance range announced in April.
Negative Updates
Net Loss Remains
Net loss after tax improved to USD 9.1 million but the company remains loss-making on a net basis for FY '26.
Read all updates
Q4-2026 Updates
Positive
Negative
Successful Langer Heinrich Ramp-Up and Production
Completed ramp-up at Langer Heinrich Mine, delivering annual production of 4.82 million lbs U3O8 and sales of 4.35 million lbs; final production was at the top end of the revised guidance range announced in April.
Read all positive updates
Company Guidance
Management's guidance for FY‑27 is to maximise value from Langer Heinrich and accelerate Patterson Lake South while preserving balance‑sheet flexibility: LHM is now at full production after the FY‑26 ramp‑up (4.82M lb U3O8 produced, 4.35M lb sold) with a low group TRIF of 3.2; FY‑26 financials showed revenue up 71% to USD 304M, average realised price USD 70/lb, gross profit USD 52M, operating cash flow USD 37.7M and an improved net loss after tax of USD 9.1M. Management emphasised liquidity (USD 265M cash and investments and an undrawn USD 70M revolver), continued progress on PLS (EIS approval, CNSC licensing advancement, engineering review and FEED progression, Atlas discovery, hearing target end‑CY2027), a development spend of ~USD 19M to date and the intent to retain funding flexibility (project financing remains a pursued option alongside other funding routes).Paladin Energy Ltd Financial Statement Overview
Summary
Income Statement
61
Positive
Balance Sheet
78
Positive
Cash Flow
56
Neutral
| Breakdown | TTM | Jun 2026 | Jun 2025 | Jun 2024 | Jun 2023 | Jun 2022 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 241.74M | 311.00M | 177.68M | 0.00 | 0.00 | 4.70M |
| Gross Profit | 55.88M | 50.20M | 4.10M | -9.82M | -6.67M | -3.72M |
| EBITDA | 44.69M | 64.36M | -30.37M | -17.44M | -17.94M | -11.72M |
| Net Income | -40.38M | 5.45M | -44.64M | 53.63M | -10.57M | -26.74M |
Balance Sheet | ||||||
| Total Assets | 1.32B | 1.37B | 1.13B | 621.78M | 473.05M | 480.99M |
| Cash, Cash Equivalents and Short-Term Investments | 278.39M | 269.86M | 89.05M | 48.86M | 126.64M | 258.95M |
| Total Debt | 186.50M | 154.94M | 197.09M | 167.35M | 90.49M | 79.49M |
| Total Liabilities | 272.72M | 328.48M | 324.32M | 223.97M | 137.96M | 122.58M |
| Stockholders Equity | 1.17B | 1.16B | 907.42M | 471.79M | 407.57M | 413.03M |
Cash Flow | ||||||
| Free Cash Flow | -97.30M | 21.54M | -52.58M | -65.42M | -12.02M | -11.00M |
| Operating Cash Flow | -48.77M | 38.55M | -3.80M | -48.12M | -9.38M | -9.37M |
| Investing Cash Flow | -163.15M | -182.81M | 26.60M | -94.65M | -35.79M | 11.96M |
| Financing Cash Flow | 194.99M | 204.77M | 14.65M | 65.92M | 85.00K | 157.40M |
Paladin Energy Ltd Technical Analysis
Positive
12.57
Price Trends
9.94
Positive
10.79
Positive
10.82
Positive
Market Momentum
0.60
Negative
62.34
Neutral
73.89
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For AU:PDN, the sentiment is Positive. The current price of 12.57 is above the 20-day moving average (MA) of 10.71, above the 50-day MA of 9.94, and above the 200-day MA of 10.82, indicating a bullish trend. The MACD of 0.60 indicates Negative momentum. The RSI at 62.34 is Neutral, neither overbought nor oversold. The STOCH value of 73.89 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for AU:PDN.
Paladin Energy Ltd Peers Comparison
UnderperformOutperform
Sector (65)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
68 Neutral | AU$5.31B | -70.68 | -3.90% | ― | ― | ― | |
65 Neutral | $15.17B | 7.61 | 4.09% | 5.20% | 3.87% | -62.32% | |
52 Neutral | AU$958.01M | -397.30 | -0.94% | ― | ― | 70.28% | |
52 Neutral | AU$9.74B | -33.72 | -16.11% | ― | ― | -21.57% | |
50 Neutral | AU$218.68M | -24.36 | -11.85% | ― | ― | -59.84% | |
49 Neutral | AU$1.67B | 1,034.38 | 0.29% | ― | -100.00% | ― | |
37 Underperform | AU$810.79M | -20.00 | 4.35% | ― | 66.05% | -100.00% |
* Energy Sector Average
AU:PDN
Paladin Energy Ltd
11.61
3.53
43.69%
AU:BKY
Berkeley Energia
0.48
-0.05
-8.65%
AU:BMN
Bannerman Energy
4.45
1.48
49.83%
AU:DYL
Deep Yellow Limited
1.64
-0.23
-12.06%
AU:ERA
Energy Resources of Australia Class A
0.01
0.00
0.00%
AU:NXG
NexGen Energy Ltd. Shs Chess Depository Interests repr 1 shs
14.55
2.59
21.66%
Paladin Energy Ltd Corporate Events
Paladin Energy Narrows Loss as Langer Heinrich Ramp-Up Drives Revenue Surge
Aug 25, 2026
Paladin Energy reported a strong operational year, with the Langer Heinrich Mine producing 4.82 million pounds of U3O8, at the upper end of guidance, and sales of 4.35 million pounds driving a 71% jump in revenue to US$304.3 million. Higher realis...
Paladin Energy Details Operations, Risks and Capital Structure in 2026 Annual Information Form
Aug 25, 2026
Paladin Energy has released its Annual Information Form for the year ended June 30, 2026, outlining the corporate structure, business development and key mineral assets, including detailed disclosure on the Langer Heinrich Mine and other propertie...
Paladin Energy Releases Comprehensive FY2026 MD&A for Investors
Aug 25, 2026
Paladin Energy has released its Management’s Discussion and Analysis for the three and twelve months ended 30 June 2026, providing a structured overview of operational progress, financial results and risk management. The document is dated 26...
Paladin Energy Files 2026 Corporate Governance Statement and Appendix 4G with ASX
Aug 25, 2026
Paladin Energy has lodged its 2026 Corporate Governance Statement with the ASX, confirming the document is included in pages 67 to 87 of its 2026 annual report and current as of 26 August 2026. The filing, accompanied by a completed Appendix 4G, o...
Paladin Energy Swings to Profit as Revenue Jumps and Reporting Frameworks Expand
Aug 25, 2026
Paladin Energy reported a strong turnaround for the year ended 30 June 2026, with revenue rising 71% to US$304.3 million and a net profit of US$5.3 million, compared with a substantial loss in the prior year. Net tangible assets per security incre...
Paladin Energy Aligns PLS Resource Reporting with JORC Code
Aug 20, 2026
Paladin Energy has re-reported its Patterson Lake South mineral resource and ore reserve estimates under the JORC Code, moving from prior disclosure solely under Canada’s NI 43-101 framework. The shift is designed to align with ASX listing r...
Paladin Energy Sets Date for FY2026 Results and Investor Conference Call
Aug 11, 2026
Paladin Energy has scheduled the release of its financial results for the 12-month period ended 30 June 2026, confirming that the figures will be published on 26 August 2026 via the ASX platform and made available concurrently on the SEDAR+ system...
Paladin Energy Emphasises Risk, Compliance and Reporting Standards in Quarterly Update
Jul 21, 2026
Paladin Energy has released a quarterly results presentation that is heavily focused on clarifying the basis, limitations, and regulatory framework of the information provided to investors. The company stresses that the material is general in natu...
Paladin completes Langer Heinrich ramp-up and advances Canadian PLS uranium project
Jul 21, 2026
Paladin Energy has completed the ramp-up of the Langer Heinrich Mine to full operations, delivering annual production of 4.82 million pounds of U3O8 and sales of 4.35 million pounds at an average realised price of US$70 per pound. Costs of product...
Paladin Sets FY2027 Output, Cost and Pricing Outlook for Langer Heinrich Mine
Jul 21, 2026
The Langer Heinrich Mine completed its ramp-up of mining and processing operations in the June 2026 quarter, establishing a base for reliable uranium production and deliveries. For FY2027, Paladin forecasts production of 5.1–5.6 million poun...
Paladin Energy Sets Date for June 2026 Quarterly Results and Investor Call
Jul 13, 2026
Paladin Energy will release its quarterly results for the period ended 30 June 2026 on 22 July 2026, with the announcement to be made available on both the ASX and SEDAR+ platforms. The company will host a related conference call the same day at 1...
Paladin Energy Unveils High-Grade Atlas Uranium Discovery at Patterson Lake South
Jun 24, 2026
Paladin Energy has completed its 2026 winter drilling campaign at the Patterson Lake South uranium project in Saskatchewan, confirming a new high-grade mineralised zone dubbed the Atlas discovery. The find sits 3.5 kilometres south of the Triple R...
Paladin Energy to Join S&P/ASX 100 in June Index Rebalance
Jun 5, 2026
SP Dow Jones Indices has announced its June 2026 quarterly rebalance of the SP/ASX indices, with Paladin Energy Limited set to join the SP/ASX 100 Index and ALS Limited added to the SP/ASX 50, while Metcash and Pro Medicus are among those removed....
JPMorgan Group Ceases to Be Substantial Holder in Paladin Energy
May 28, 2026
JPMorgan Chase Co. and its affiliates have notified Paladin Energy that they have ceased to be a substantial holder in the uranium producer as of 26 May 2026. The change reflects a series of transactions across multiple JPMorgan entities, includi...
Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.