After getting pummelled over the past six months, Paladin Energy Ltd (ASX: PDN) shares look to be in bargain territory. Here’s why.

Paladin Energy’s (ASX: PDN) share price plunged nearly 30% on Tuesday after the uranium miner revised down its production forecast for the Langer Heinrich mine (LHM) in Namibia.

Criticism that the West Australian miner had been overly optimistic in its expectations is ‘fair comment’, says chief executive Ian Purdy.

Paladin Energy shares are under intense selling pressure on Tuesday. The post ASX 200 uranium stock alert: Paladin Energy shares just crashed 29%! appeared first on The Motley Fool Australia.

Paladin Energy shares rallied on the ASX after analysts called Tuesday's sell-off on the uranium producer "outsized".

Paladin Energy boss Ian Purdy has blamed market uncertainty about progress with its $1.5bn acquisition of Canada’s Fission Uranium for “excessive volatility” in the company’s share price.