Why has Paladin Energy wiped out its share price?

Paladin Energy has fully clawed back its nearly $400 million share price wipeout after Namibia clarified it did not intend to nationalise any existing mines. Paladin Energy’s 20 per cent stock drop was sustained on Wednesday after reports the Namibian government wants to nationalise some mines.

Where is Paladin Energy based?

Paladin Energy Ltd was incorporated in 1993 and is headquartered in Perth, Australia. Nvidia recently added $277 billion in market cap … IN ONE DAY. Find out details on these three critical Nvidia partners immediately. Is the Paladin Energy share price overcooked at $17.40? Paladin Energy share price hits a 12-year high: Too late to buy?

Does Paladin Energy own uranium?

Paladin Energy Ltd develops, explores for, owns, and operates uranium mines in Australia, Canada, and Africa. The company operates through Exploration, Namibia, and Australia segments. Its flagship project is the Langer Heinrich mine located in the Namib Desert in Namibia.