The Uranium Sector

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Question asked 21/05/2021

The Uranium Sector

Hi James & Team,

Can you please give us your current view on Uranium stocks. Your last mention was on 29/4/21 - Buy alert on (PDN)Paladin at a 38c limit which was not filled. PDN has reached a high of 55c this week. Have we missed the opportunity? Is there still a good risk reward at these current levels? Are there other Uranium stocks worth looking at - such as Boss Energy (BOE), PEN or BAN?

regards Debbie.

Answer

Hi Debbie,

PDN remains our preferred uranium play but after soaring through 2021 we are not comfortable chasing current strength, around 40c and you may see us pay up.

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Paladin (PDN)

LAST UPDATED 21/05/2021 16:27

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