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

Paladin Energy logo with Basic Materials background

Shares of Paladin Energy Ltd. (OTCMKTS:PALAF - Get Free Report) gapped down prior to trading on Friday . The stock had previously closed at $5.10, but opened at $4.70. Paladin Energy shares last traded at $5.00, with a volume of 20,580 shares trading hands.

Wall Street Analysts Forecast Growth

Several equities research analysts have issued reports on the company. Royal Bank Of Canada upgraded Paladin Energy to a "hold" rating in a report on Monday, April 14th. Jefferies Financial Group downgraded shares of Paladin Energy to a "hold" rating in a report on Wednesday, March 26th.

Check Out Our Latest Stock Report on Paladin Energy

Paladin Energy Stock Performance

The stock's fifty day moving average is $4.46 and its two-hundred day moving average is $4.33. The company has a current ratio of 3.74, a quick ratio of 2.23 and a debt-to-equity ratio of 0.21.

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.

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