Hot Stocks News: Paladin Energy Ltd (PDN)

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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