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Weak uranium market

DJ MARKET TALK: Uranium Weakness Drags Paladin  Dow Jones Commodities Service 19 July 2010, RBS downgrades Paladin Energy (PDN.AU) to Sell from Hold, target price moved to A$3.20 vs previous A$3.52 and yesterday’s A$3.61 close after June quarter production report. ….. “We would need to see some life in the spot uranium market to change our investment view on PDN, as the stock is likely to go sideways or down while the uranium market remains weak.” (david.fickling@dowjones.com)

DJ MARKET TALK Uranium Weakness Drags Paladin Cut To SellRBS | Cmemarkets.com – Business News, Financial News, Stock Market Analysis, Technology & Global Headline News

July 20, 2010 - Posted by | 2 WORLD, business and costs, Uranium | , ,

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