Paladin Energy Ltd (OTCMKTS:PALAF – Get Free Report)’s stock price passed below its 50 day moving average during trading on Monday . The stock has a 50 day moving average of $4.92 and traded as low as $4.06. Paladin Energy shares last traded at $4.33, with a volume of 291,464 shares traded.
Wall Street Analyst Weigh In
Separately, UBS Group lowered Paladin Energy from a “strong-buy” rating to a “hold” rating in a research report on Saturday, January 25th.
Check Out Our Latest Stock Analysis on Paladin Energy
Paladin Energy Trading Up 5.7 %
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.
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