Paladin Energy (OTCMKTS:PALAF) Shares Gap Down - Time to Sell?

Key Points

• Paladin Energy Ltd. shares gapped down from $5.31 to $5.15, reflecting a 0.8% decrease as of the latest market activity.
• In its recent earnings report, Paladin Energy reported a loss of ($0.04) EPS for the quarter and a revenue of $39.44 million.
• The company has a solid current ratio of 2.53 and a low debt-to-equity ratio of 0.22, indicating strong liquidity and manageable debt levels.

Paladin Energy Ltd. (OTCMKTS:PALAF - Get Free Report)'s share price gapped down before the market opened on Friday . The stock had previously closed at $5.31, but opened at $5.15. Paladin Energy shares last traded at $5.15, with a volume of 15,367 shares changing hands.

Paladin Energy Price Performance

The firm has a 50 day moving average price of $4.71 and a two-hundred day moving average price of $4.20. 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 company had revenue of $39.44 million during the quarter. On average, analysts predict that Paladin Energy Ltd. will post 0.06 EPS for the current fiscal 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.