Paladin revenues decline in half year

February 15, 2017

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Uranium miner Paladin Energy has reported a 46% decrease in sales revenue for 2016 half year ending December, compared with the previous corresponding period, on the back of a 36% fall in the sales price and a 15% decrease in volumes.

During the interim period, total sales volumes reached 2.12-million pounds of uranium oxide (U3O8), compared with the 2.49-million pounds produced in the 2015 period, with sales revenue reaching $55.2-million for the period under review.

Category: General