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Paladin Energy (OTCMKTS:PALAF) Shares Gap Up - What's Next?

Paladin Energy logo with Basic Materials background

Paladin Energy Ltd. (OTCMKTS:PALAF - Get Free Report) gapped up before the market opened on Friday . The stock had previously closed at $4.62, but opened at $4.93. Paladin Energy shares last traded at $4.68, with a volume of 4,713 shares changing hands.

Analysts Set New Price Targets

PALAF has been the subject of several recent analyst reports. Royal Bank Of Canada raised shares of Paladin Energy to a "hold" rating in a research note on Monday, April 14th. Jefferies Financial Group downgraded Paladin Energy to a "hold" rating in a research note on Wednesday, March 26th.

Check Out Our Latest Stock Report on PALAF

Paladin Energy Trading Up 3.5%

The company has a current ratio of 3.74, a quick ratio of 2.23 and a debt-to-equity ratio of 0.21. The company has a fifty day moving average price of $4.39 and a two-hundred day moving average price of $4.32.

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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