Australia's Paladin Energy rises on reduced quarterly net loss

Paladin Energy

05/11/2026 24:55

** Shares of Paladin Energy PDN.AX rise as much as 6.9% to A$7.640
** Stock logs its largest intraday pct gain since October 28
** Uranium producer posts Quarterly revenue of $92.4 million, up from $35.96 million last year
** Co also reports a reduction in quarterly net loss to $337,000, compared to $9.9 million last year
** YTD, stock down 21.5%

(Reporting by Tejas Harish in Bengaluru)
((tejas.harish@thomsonreuters.com;))