Shares of Paladin Energy Ltd (OTCMKTS:PALAF - Get Free Report) passed above its 50 day moving average during trading on Friday . The stock has a 50 day moving average of $5.06 and traded as high as $5.55. Paladin Energy shares last traded at $5.44, with a volume of 69,181 shares trading hands.
Wall Street Analyst Weigh In
Separately, UBS Group lowered Paladin Energy from a "strong-buy" rating to a "hold" rating in a research report on Saturday, January 25th.
Check Out Our Latest Stock Analysis on PALAF
Paladin Energy Trading Up 5.9 %
The company has a current ratio of 4.02, a quick ratio of 1.50 and a debt-to-equity ratio of 0.34. The business has a 50-day moving average price of $5.06 and a 200-day moving average price of $6.26.
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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