Paladin Energy (OTCMKTS:PALAF) Sets New 1-Year Low – Here’s What Happened

Paladin Energy Ltd (OTCMKTS:PALAF)’s stock price reached a new 52-week low during trading on Wednesday . The stock traded as low as $3.46 and last traded at $3.51, with a volume of 168517 shares. The stock had previously closed at $3.96.

Wall Street Analyst Weigh In

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

Paladin Energy Trading Down 11.4 %

The company has a 50 day simple moving average of $4.80 and a two-hundred day simple moving average of $5.67. The company has a debt-to-equity ratio of 0.34, a quick ratio of 1.50 and a current ratio of 4.02.

Paladin Energy Company Profile

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.