Citi’s analysts anticipate that Paladin Energy (ASX:PDN), the Australian uranium miner, stands to benefit from the yearly results of Kazakhstan’s Kazatomprom, due to be released soon.

The brokerage foresees a potential downgrade in Kazatomprom’s CY25 production guidance for uranium ore, otherwise known as U3O8.

As Kazatomprom currently accounts for 40% of the global U3O8 mined supply, these impending results could instigate a surge in prices, to the potential advantage of Paladin Energy’s share price.

Year-To-Date, Paladin Energy’s stock has already witnessed a remarkable increase of 26.4%, based on the most recent closing data.

Paladin Energy is an Australian uranium mining company.