Paladin Energy (OTCMKTS:PALAF) Rating Increased to Hold at Royal Bank of Canada

Royal Bank of Canada upgraded shares of Paladin Energy (OTCMKTS:PALAF) to a hold rating in a research report report published on Monday morning,Zacks.com reports.

Several other research analysts have also recently commented on the company. Jefferies Financial Group cut Paladin Energy to a “hold” rating in a research note on Wednesday, March 26th. UBS Group downgraded Paladin Energy from a “strong-buy” rating to a “hold” rating in a report on Saturday, January 25th.

Paladin Energy Trading Up 3.3 %

Paladin Energy stock opened at $3.00 on Monday. The company has a quick ratio of 1.50, a current ratio of 4.02 and a debt-to-equity ratio of 0.34. The firm’s fifty day moving average price is $4.00 and its 200 day moving average price is $5.25. Paladin Energy has a 12-month low of $2.33 and a 12-month high of $14.48.

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.