Paladin Energy (OTCMKTS:PALAF) Trading Up 0.5% – Should You Buy?

Paladin Energy Ltd (OTCMKTS:PALAFGet Free Report) shot up 0.5% during mid-day trading on Tuesday . The company traded as high as $5.36 and last traded at $5.30. 13,184 shares were traded during mid-day trading, a decline of 77% from the average session volume of 57,764 shares. The stock had previously closed at $5.28.

Paladin Energy Stock Performance

The stock’s fifty day moving average price is $6.99 and its 200-day moving average price is $7.84. The company has a quick ratio of 1.50, a current ratio of 4.02 and a debt-to-equity ratio of 0.34.

About Paladin Energy

(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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