Hot Stocks News: Paladin Energy Ltd (PDN)

17th Jan 2012

Hot Stocks News: Paladin Energy Ltd (PDN)|ASX PDN SharesPaladin Energy Ltd (ASX:PDN) primarily explores for uranium in Australia and Southern Africa.

Shares in energy stock Paladin Energy have soared today after the company announced a 47% increase in first quarter production compared to the previous quarter.

PDN also said that spot price for uranium is beginning to show signs of strengthening as new demand emerges.

Paladin also re-affirmed its full year production target and earnings guidance, making it one of the days hot stocks.

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Posted in ASX Top 200 XJO, ASX Top 500 All Ordinaries, Energy Shares, Financial News, Hot Stock Picks, S&P ASX News, Stock Trading Recommendations, Top Stocks, Watch Stocks
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