Paladin Energy (OTCMKTS:PALAF) Announces Earnings Results

Paladin Energy (OTCMKTS:PALAF) released its earnings results on Wednesday. The company reported ($0.02) earnings per share for the quarter, Zacks reports. The business had revenue of $35.97 million for the quarter, compared to analyst estimates of $35.98 million.

Paladin Energy Price Performance

Shares of OTCMKTS:PALAF traded up $0.09 during midday trading on Friday, hitting $5.10. The company had a trading volume of 24,455 shares, compared to its average volume of 139,768. Paladin Energy has a twelve month low of $2.33 and a twelve month high of $6.75. The stock has a market cap of $2.03 billion, a price-to-earnings ratio of -51.00 and a beta of 1.54. 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 business’s 50-day simple moving average is $5.52 and its 200-day simple moving average is $4.81.

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.