Paladin Energy Ltd. (OTCMKTS:PALAF - Get Free Report) shares dropped 10.1% on Wednesday . The stock traded as low as $4.56 and last traded at $4.74. Approximately 83,441 shares were traded during mid-day trading, a decline of 48% from the average daily volume of 159,021 shares. The stock had previously closed at $5.27.
Wall Street Analyst Weigh In
Separately, Royal Bank Of Canada raised Paladin Energy to a "hold" rating in a research report on Monday, April 14th.
Get Our Latest Analysis on PALAF
Paladin Energy Stock Performance
The company has a debt-to-equity ratio of 0.21, a current ratio of 3.74 and a quick ratio of 2.23. The firm has a 50-day moving average of $4.58 and a two-hundred day moving average of $4.32.
About Paladin Energy
(
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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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