Paladin Energy (OTCMKTS:PALAF) Stock Price Passes Below 50 Day Moving Average – What’s Next?

Paladin Energy Ltd. (OTCMKTS:PALAFGet Free Report)’s share price crossed below its fifty day moving average during trading on Wednesday . The stock has a fifty day moving average of $4.64 and traded as low as $3.98. Paladin Energy shares last traded at $4.09, with a volume of 25,135 shares.

Paladin Energy Price Performance

The firm’s 50-day moving average price is $4.64 and its 200 day moving average price is $4.19. The company has a current ratio of 3.74, a quick ratio of 2.23 and a debt-to-equity ratio of 0.21.

Paladin Energy Company Profile

(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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