Paladin Energy Ltd (OTCMKTS:PALAF - Get Free Report) hit a new 52-week low during mid-day trading on Tuesday . The stock traded as low as $3.11 and last traded at $3.16, with a volume of 335335 shares traded. The stock had previously closed at $3.28.
Wall Street Analyst Weigh In
Several brokerages have issued reports on PALAF. Jefferies Financial Group lowered Paladin Energy to a "hold" rating in a research report on Wednesday, March 26th. UBS Group cut Paladin Energy from a "strong-buy" rating to a "hold" rating in a report on Saturday, January 25th.
Read Our Latest Analysis on PALAF
Paladin Energy Stock Down 8.9 %
The stock's 50 day moving average price is $4.43 and its 200-day moving average price is $5.51. The company has a debt-to-equity ratio of 0.34, a quick ratio of 1.50 and a current ratio of 4.02.
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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