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Highlights:
- The benchmark S&P/ASX 200 was 0.14% up at 6,768.40 at 3:29 PM AEST.
- Energy, being the worst performing sector today, was 3.12% lower around same time.
- However, defying the odds, were some ASX-listed uranium stocks were buzzing in the green territory today.
The S&P/ASX 200 index (INDEXASX:XJO) is trading in red during the afternoon trading hours on the ASX today. The index registered a loss of 0.031% to 6757.1 at 2:17 PM AEST on the ASX today. Out of 11 sectors, only six of them were in green today despite the decline of the index itself.
The S&P/ASX 200 Energy sector (INDEXASX:XEJ) is the worst performing sector on the ASX today. The sector marked a loss of 3.15% to 9,991.70 points at 4:00 PM AEST on the ASX today (21 July). The energy sector has been highly volatile on the ASX, owing to the Russia-Ukraine war, rising oil prices, etc.
Here, we talk about ASX performance of four leading ASX-listed uranium-producing companies- Paladin, Energy Resources of Australia, Boss Energy, and Berkeley.
Paladin Energy Ltd (ASX:PDN)
Australian uranium producer Paladin Energy Ltd (ASX:PDN) shares were trading 1.094% lower at AU$0.677 per share on the ASX today (21 July).
In a recent update, Paladin shared that its board took a decision to reinitiate production at the Langer Heinrich Mine (LHM). The first batch of production at the Langer Mine is targeted for the March quarter of CY2024.
Meanwhile, the share price of Paladin has risen more than 44% on the ASX over the last 12 months. However, the energy company’s Y-T-D performance fell 28.74% (as of 3:55 PM AEST).
Energy Resources of Australia Limited (ASX:ERA)
Shares of the renowned uranium miner, Energy Resources of Australia Limited (ASX:ERA), posted significant gains on the ASX today. ERA’s share price was quoted at AU$0.230 apiece, up 4.545% at 3:42 PM AEST.
Energy Resources’ share price declined by almost 12% on the ASX in a year. On Y-T-D grounds, the uranium miner’s share price plunged almost by 35% (as of 3:40 PM AEST).
Image source: © Johncarnemolla | Megapixl.com
Boss Energy Ltd (ASX:BOE)
Australian uranium miner Boss Energy Ltd (ASX:BOE) shares are trading strong during the afternoon trading session on the ASX today. The company’s share price is up by 1% to AU$2.02 per share at 1:06 PM AEST on the ASX today (21 July).
Boss Energy’s share price has shown a massive growth of 1,246.67% in last one year on the ASX. Though, the year-to-date price has shed off 17.55% (as of 3:58 PM AEST on the ASX today).
Berkeley Energia Limited (ASX:BKY)
Uranium explorer and developer, Berkeley Energia Limited (ASX:BKY) shares were quoted 5% higher at AU$0.367 apiece towards the closing of session today.
Berkeley’s share performed well on the ASX over the last one year. It gained 22.33% on the ASX in last 12 months while surged over 52% on Y-T-D basis (as of 3:59 PM AEST).
