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

Key Points

• Paladin Energy Ltd. shares gapped down from a previous close of $5.44 to open at $5.08, reflecting a trader sentiment shift.
• The company reported a loss of $0.04 EPS for the last quarter, with revenue of $39.44 million, and analysts project a slight profit of $0.06 EPS for the current fiscal year.
• Paladin Energy operates uranium mines across Australia, Canada, and Africa, with its flagship project being the Langer Heinrich mine located in Namibia.

Shares of Paladin Energy Ltd. (OTCMKTS:PALAF - Get Free Report) gapped down before the market opened on Tuesday . The stock had previously closed at $5.44, but opened at $5.08. Paladin Energy shares last traded at $5.41, with a volume of 1,510 shares trading hands.

Paladin Energy Stock Down 0.4%

The firm's 50 day moving average is $4.77 and its 200 day moving average is $4.27. The company has a current ratio of 2.53, a quick ratio of 1.53 and a debt-to-equity ratio of 0.22.

Paladin Energy (OTCMKTS:PALAF - Get Free Report) last released its earnings results on Wednesday, August 27th. The company reported ($0.04) EPS for the quarter. The company had revenue of $39.44 million for the quarter. Equities analysts predict that Paladin Energy Ltd. will post 0.06 earnings per share 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.

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