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

Paladin Energy Ltd (OTCMKTS:PALAFGet Free Report) shares passed below its 50 day moving average during trading on Friday . The stock has a 50 day moving average of $7.27 and traded as low as $6.59. Paladin Energy shares last traded at $6.59, with a volume of 6,485 shares trading hands.

Paladin Energy Trading Down 0.2 %

The business’s 50 day moving average is $7.27 and its two-hundred day moving average is $8.35. The company has a debt-to-equity ratio of 0.34, a current ratio of 4.02 and a quick ratio of 1.50.

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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