Paladin Energy Ltd. reported sales and production results for the quarter ended June 30, 2018. For the quarter, the company's total sales for the quarter were 1,147,835 lb U3O8 at an average selling price of USD 20.58/lb, generating gross sales revenue of USD 23.6 miilion, which was a 90% increase over the previous quarter's revenue.

For the quarter, the company reported U3O8 production of 354,465 lb was down on the preceding quarter by 47%. The amount of drummed material produced (i.e. U3O8 drummed) for the quarter was down 30% from last quarter at 515,774 lb.

For the quarter the company expects uranium sales anticipated to be in the range of 250,000 lb to 300,000 lb U3O8.