What is also interesting is that we have weathered the interest rate macro headwinds from 2021 and now talk of interest rate cuts, perhaps towards the end of 2024 or 2025.
Happy days to come off this near $1.20 price as investor speculation increases.
$2.00 by year-end is not an unreasonable price target if uranium is well north of $100 and LHM is pumping along.
I would think we will see more corporate moves to create additional accretive value by PDN management when cash flow kicks in.
IMO, I still think we get a hostile takeover in the next 12 months.
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$12.48 |
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Open | High | Low | Value | Volume |
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2 | 159 | 12.400 |
1 | 1450 | 12.360 |
2 | 4500 | 12.350 |
1 | 1000 | 12.340 |
Price($) | Vol. | No. |
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12.530 | 55 | 1 |
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