Up 20c overnight. Any moves here are significant to PDN because the company is around breakeven at the moment with these prices. With 5.5 million pounds produced per annum, even a 20c rise in U3O8 projects to over USD 1 million extra profit.
% of shorts decreasing (http://www.shortman.com.au/stock?q=pdn) and low volumes today.
In light of the above, I think we're setting up to break the resistance at 43 / 44 within the next few days.
U3O8 spot $38.75
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Last
$11.43 |
Change
0.090(0.79%) |
Mkt cap ! $3.417B | |||
| Open | High | Low | Value | Volume |
| $11.35 | $11.58 | $11.16 | $24.03M | 2.107M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 164 | $11.41 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $11.45 | 6746 | 1 |
View Market Depth
| Last trade - 16.10pm 26/07/2024 (20 minute delay) ? |
| PDN (ASX) Chart |