JPMorgan Chase is reshuffling its uranium portfolio with the addition of a substantial stake in Paladin Energy (ASXDN) and ceasing to be a major investor in Lotus Resources (ASX:LOT).The American investment bank has taken a 5.25% stake in Paladin Energy, which like Lotus is focused on uranium production in Africa. JPMorgan is the largest bank in the US and the world’s largest by market capitalisation in 2023. The company’s market capitalisation is currently US$634.30 billion ($961.34 billion).
https://mining.com.au/jpmorgan-becomes-major-backer-of-paladin/
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$7.88 |
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| Open | High | Low | Value | Volume |
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