Paladin Energy (OTCMKTS:PALAF) Stock Price Crosses Above Two Hundred Day Moving Average - Time to Sell?

Key Points

• Paladin Energy Ltd.'s stock price recently crossed above its 200-day moving average of $4.15, rising as high as $5.39 during trading.
• The company reported a quarterly revenue of $39.44 million with an EPS of ($0.04), while analysts expect an EPS of 0.06 for the current fiscal year.
• Paladin Energy operates uranium mines primarily in Australia, Canada, and Africa, with its flagship project being the Langer Heinrich mine in Namibia.

Shares of Paladin Energy Ltd. (OTCMKTS:PALAF - Get Free Report) crossed above its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of $4.15 and traded as high as $5.39. Paladin Energy shares last traded at $5.32, with a volume of 36,521 shares traded.

Paladin Energy Price Performance

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 firm's 50-day moving average price is $4.65 and its 200 day moving average price is $4.15.

Paladin Energy (OTCMKTS:PALAF - Get Free Report) last announced its quarterly earnings data on Wednesday, August 27th. The company reported ($0.04) EPS for the quarter. The firm had revenue of $39.44 million for the quarter. On average, sell-side analysts expect 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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