Paladin Energy (OTCMKTS:PALAF) Shares Pass Above Two Hundred Day Moving Average - Here's What Happened

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 trading hands.

Paladin Energy Stock Performance

The business has a 50-day moving average of $4.66 and a two-hundred day moving average of $4.16. The company has a debt-to-equity ratio of 0.22, a quick ratio of 1.53 and a current ratio of 2.53.

Paladin Energy (OTCMKTS:PALAF - Get Free Report) last issued its quarterly earnings data on Wednesday, August 27th. The company reported ($0.04) earnings per share for the quarter. The company had revenue of $39.44 million during the quarter. On average, equities analysts anticipate that Paladin Energy Ltd. will post 0.06 earnings per share for the current fiscal 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.