Paladin Energy (OTCMKTS:PALAF) Shares Gap Up – Time to Buy?

Paladin Energy Ltd. (OTCMKTS:PALAFGet Free Report)’s stock price gapped up before the market opened on Wednesday . The stock had previously closed at $4.97, but opened at $5.22. Paladin Energy shares last traded at $5.34, with a volume of 4,733 shares.

Paladin Energy Trading Up 1.3%

The firm has a market cap of $2.08 billion, a PE ratio of -43.46 and a beta of 1.54. The company has a current ratio of 2.53, a quick ratio of 1.53 and a debt-to-equity ratio of 0.22. The business has a fifty day moving average price of $5.49 and a 200 day moving average price of $4.88.

Paladin Energy (OTCMKTS:PALAFGet Free Report) last posted its earnings results on Wednesday, November 12th. The company reported ($0.02) earnings per share for the quarter. The company had revenue of $35.97 million during the quarter, compared to analysts’ expectations of $35.98 million. Analysts forecast that Paladin Energy Ltd. will post 0.06 EPS for the current year.

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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