Paladin Energy (OTCMKTS:PALAF) Sets New 12-Month Low – Here’s What Happened

Paladin Energy Ltd (OTCMKTS:PALAF) reached a new 52-week low on Monday . The company traded as low as $3.81 and last traded at $3.88, with a volume of 128797 shares traded. The stock had previously closed at $4.08.

Wall Street Analysts Forecast Growth

Separately, UBS Group cut shares of Paladin Energy from a “strong-buy” rating to a “hold” rating in a research report on Saturday, January 25th.

Paladin Energy Price Performance

The business has a fifty day moving average price of $5.03 and a two-hundred day moving average price of $5.88. The company has a current ratio of 4.02, a quick ratio of 1.50 and a debt-to-equity ratio of 0.34.

About Paladin Energy

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.