Huge rally today reaching 52 week high with impending annual report on 25 Aug.
Paladin's uranium incentive price is $40, todays spot price is ~$30. Keeping in mind that the uranium is bought at a contract price, not the spot price.
Global uncertainty in energy and defence could drive uranium prices higher more quickly, ontop of the supply deficiencies the market has faced for the last several years.
Maybe not the time to jump into PDN at this premium price, but a good opportunity to look into other uranium tickers such as DYL and VMY. Lots of interest from the market in uranium at the moment.