Shares of Paladin Energy Ltd (OTCMKTS:PALAF - Get Free Report) hit a new 52-week low on Tuesday . The company traded as low as $4.02 and last traded at $4.20, with a volume of 422834 shares changing hands. The stock had previously closed at $4.30.
Wall Street Analysts Forecast Growth
Separately, UBS Group downgraded shares of Paladin Energy from a "strong-buy" rating to a "hold" rating in a report on Saturday, January 25th.
Read Our Latest Report on PALAF
Paladin Energy Trading Down 4.8 %
The company has a debt-to-equity ratio of 0.34, a current ratio of 4.02 and a quick ratio of 1.50. The company has a 50-day moving average price of $5.03 and a 200-day moving average price of $5.89.
Paladin Energy Company Profile
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Paladin Energy Ltd develops, explores for, owns, and operates uranium mines in Australia, Canada, and Africa. The company operates through Exploration, Namibia, and Australia segments. Its flagship project is the Langer Heinrich mine located in the Namib Desert in Namibia. The company was formerly known as Paladin Resources Ltd and changed its name to Paladin Energy Limited in November 2007.
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