Paladin Energy (OTCMKTS:PALAF) Sees Large Volume Increase - What's Next?

Key Points

• Paladin Energy Ltd. experienced a significant trading surge, with approximately 956,217 shares changing hands, marking a 570% increase from the prior session.
• The company's stock price increased by 0.4% to $5.60, with a 50-day moving average of $4.73 and a 200-day moving average of $4.21.
• In its latest earnings report, Paladin Energy reported an EPS of ($0.04) with revenues of $39.44 million, while analysts project an EPS of 0.06 for the current year.

Paladin Energy Ltd. (OTCMKTS:PALAF - Get Free Report) shares saw unusually-strong trading volume on Tuesday . Approximately 956,217 shares traded hands during trading, an increase of 570% from the previous session's volume of 142,785 shares.The stock last traded at $5.60 and had previously closed at $5.50.

Paladin Energy Stock Up 0.4%

The stock has a 50-day simple moving average of $4.73 and a 200 day simple moving average of $4.21. The company has a debt-to-equity ratio of 0.22, a quick ratio of 1.53 and a current ratio of 2.53.

Paladin Energy (OTCMKTS:PALAF - Get Free Report) last posted its quarterly earnings results on Wednesday, August 27th. The company reported ($0.04) EPS for the quarter. The business had revenue of $39.44 million for the quarter. As a group, equities research analysts expect that Paladin Energy Ltd. will post 0.06 earnings per share for the current year.

About Paladin Energy

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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