11:31 AM EST - Paladin Energy Ltd. : posted a wider loss in its second quarter, as it took an impairment charge related to its Mount Isa uranium venture. Further, the company said it expects to achieve nameplate design throughput within the first half of the year. The company's second-quarter net loss after tax from continuing operations attributable to the ordinary equity holders was $470.8 million U.S. or $0.76 U.S. per share, compared to a loss of $11.2 million U.S. or $0.02 per share U.S. in the prior-year quarter. Quarterly revenues from continuing operations descended to $14.2 million U.S. from $19.4 million U.S. last year, primarily due to lower contracted sales of uranium of $13.230 million U.S. Paladin Energy Ltd.
shares T.PDN are trading down $0.04 at $2.61.
