Paladin Energy (OTCMKTS:PALAF) Shares Gap Up – Still a Buy?

Paladin Energy Ltd. (OTCMKTS:PALAF) gapped up prior to trading on Thursday . The stock had previously closed at $5.6250, but opened at $5.90. Paladin Energy shares last traded at $5.95, with a volume of 14,351 shares.

Paladin Energy Trading Down 1.8%

The stock has a market cap of $2.37 billion, a price-to-earnings ratio of -49.51 and a beta of 1.53. The company has a debt-to-equity ratio of 0.22, a current ratio of 2.53 and a quick ratio of 1.53. The company’s fifty day moving average price is $5.51 and its 200-day moving average price is $5.02.

Paladin Energy (OTCMKTS:PALAF) last issued its quarterly earnings results on Wednesday, November 12th. The company reported ($0.02) earnings per share (EPS) for the quarter. The business had revenue of $35.97 million for the quarter, compared to analyst estimates of $35.98 million. On average, research analysts expect that Paladin Energy Ltd. will post 0.06 EPS for the current fiscal year.

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.