Hey Poopy Poop.
UBS provides me with their research.
UBS has a neutral rating for PDN with a price target of 43c, as per their last global research paper of 27 April 2015.
So, if you are a fan of UBS, as you say you are, you should be excited to get on PDN whilst they are still below UBS's target!
To help you out; from the report:
"Our long term uranium price of US$55/lb is below what industry participants such as Paladin and Cameco have said is sufficient to see them invest in future mine capacity. A restart of Japanese nuclear reactors is seen as a near term catalyst for the uranium price. Should we see this occur and investment in new mine supply remain low, then the uranium price could exceed our current forecasts. PDN could approach $1ps should Japan restart its nuclear facilities and we see the uranium price move back above US$40/lb."
Ann: Ceasing to be a substantial holder, page-15
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Last
$11.55 |
Change
-0.190(1.62%) |
Mkt cap ! $3.454B | |||
| Open | High | Low | Value | Volume |
| $11.94 | $11.94 | $11.32 | $50.18M | 4.349M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 337 | $11.53 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $11.57 | 45691 | 2 |
View Market Depth
| Last trade - 16.10pm 30/09/2024 (20 minute delay) ? |
| PDN (ASX) Chart |