Free Trial

Paladin Energy (OTCMKTS:PALAF) Shares Gap Down - Here's What Happened

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.
  • Five stocks to consider instead of Paladin Energy.

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 changing hands.

Paladin Energy Stock Performance

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

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.

Featured Stories

Should You Invest $1,000 in Paladin Energy Right Now?

Before you consider Paladin Energy, you'll want to hear this.

MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Paladin Energy wasn't on the list.

While Paladin Energy currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.

View The Five Stocks Here

Elon Musk's Next Move Cover

Explore Elon Musk’s boldest ventures yet—from AI and autonomy to space colonization—and find out how investors can ride the next wave of innovation.

Get This Free Report
Like this article? Share it with a colleague.