Royal Bank of Canada upgraded shares of Paladin Energy (OTCMKTS:PALAF - Free Report) to a hold rating in a research report sent to investors on Monday morning,Zacks.com reports.
Several other equities analysts have also recently weighed in on PALAF. UBS Group cut shares of Paladin Energy from a "strong-buy" rating to a "hold" rating in a research note on Saturday, January 25th. Jefferies Financial Group cut shares of Paladin Energy to a "hold" rating in a report on Wednesday, March 26th.
Read Our Latest Research Report on PALAF
Paladin Energy Trading Up 3.3 %
Shares of Paladin Energy stock traded up $0.09 during trading on Monday, reaching $2.89. The stock had a trading volume of 257,384 shares, compared to its average volume of 201,878. 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 has a 52 week low of $2.33 and a 52 week high of $14.48. The stock has a fifty day moving average price of $3.81 and a two-hundred day moving average price of $5.12.
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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