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Paladin Energy (OTCMKTS:PALAF) Shares Gap Up - Still a Buy?

Paladin Energy logo with Basic Materials background

Shares of 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.

Analyst Ratings Changes

A number of equities research analysts have commented on PALAF shares. Jefferies Financial Group downgraded Paladin Energy to a "hold" rating in a research report on Wednesday, March 26th. Royal Bank Of Canada upgraded shares of Paladin Energy to a "hold" rating in a report on Monday, April 14th.

View Our Latest Report on PALAF

Paladin Energy Trading Up 0.6%

The business's 50 day moving average price is $4.39 and its 200-day moving average price is $4.32. 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 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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