Paladin Energy (OTCMKTS:PALAF) Shares Gap Up - Should You Buy?

Key Points

• Paladin Energy Ltd. shares experienced a gap up, opening at $5.00 after closing at $4.80, with shares last trading at $5.10.
• The company reported a loss of ($0.04) EPS for the last quarter, with revenues amounting to $39.44 million.
• Paladin Energy operates uranium mines across Australia, Canada, and Africa, with its flagship project being the Langer Heinrich mine in Namibia.

Paladin Energy Ltd. (OTCMKTS:PALAF - Get Free Report) shares gapped up prior to trading on Friday . The stock had previously closed at $4.80, but opened at $5.00. Paladin Energy shares last traded at $5.10, with a volume of 14,812 shares.

Paladin Energy Price Performance

The business has a fifty day moving average price of $4.65 and a 200-day moving average price of $4.14. The company has a quick ratio of 2.23, a current ratio of 3.74 and a debt-to-equity ratio of 0.21.

Paladin Energy (OTCMKTS:PALAF - Get Free Report) last posted its quarterly earnings data on Wednesday, August 27th. The company reported ($0.04) earnings per share (EPS) for the quarter. The firm had revenue of $39.44 million during the quarter. As a group, equities research analysts expect that Paladin Energy Ltd. will post 0.06 EPS for the current year.

Paladin Energy Company Profile

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.