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Paladin Energy (OTCMKTS:PALAF) Shares Gap Down - What's Next?

Paladin Energy logo with Basic Materials background

Key Points

  • Paladin Energy Ltd. shares gapped down from $4.25 to $3.95 before the market opened on Tuesday, indicating a significant drop in stock price.
  • The company has a debt-to-equity ratio of 0.21 and strong liquidity metrics, with a quick ratio of 2.23 and a current ratio of 3.74.
  • Paladin Energy primarily focuses on uranium mining, with its flagship project being the Langer Heinrich mine in Namibia.
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Paladin Energy Ltd. (OTCMKTS:PALAF - Get Free Report)'s share price gapped down prior to trading on Tuesday . The stock had previously closed at $4.25, but opened at $3.95. Paladin Energy shares last traded at $4.25, with a volume of 2,220 shares.

Paladin Energy Stock Performance

The stock's 50-day moving average is $4.64 and its 200-day moving average is $4.16. The company has a debt-to-equity ratio of 0.21, a quick ratio of 2.23 and a current ratio of 3.74.

Paladin Energy Company Profile

(Get Free Report)

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.

Further Reading

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