Paladin Energy (OTCMKTS:PALAF) Shares Gap Up – Here’s What Happened

Shares of Paladin Energy Ltd. (OTCMKTS:PALAFGet Free Report) gapped up prior to trading on Friday . The stock had previously closed at $5.66, but opened at $6.00. Paladin Energy shares last traded at $5.65, with a volume of 13,885 shares.

Paladin Energy Trading Down 1.9%

The firm’s fifty day moving average price is $4.82 and its 200 day moving average price is $4.30. The company has a quick ratio of 1.53, a current ratio of 2.53 and a debt-to-equity ratio of 0.22.

Paladin Energy (OTCMKTS:PALAFGet Free Report) last issued 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. Equities analysts expect that Paladin Energy Ltd. will post 0.06 earnings per share for the current year.

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.

Further Reading

Receive News & Ratings for Paladin Energy Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Paladin Energy and related companies with MarketBeat.com's FREE daily email newsletter.