Paladin Energy (OTCMKTS:PALAF – Get Free Report) will likely be posting its results before the market opens on Wednesday, August 26th. Analysts expect Paladin Energy to announce earnings of ($0.03) per share and revenue of $106.00 million for the quarter.
Paladin Energy Price Performance
Shares of Paladin Energy stock opened at $8.35 on Tuesday. The company has a quick ratio of 4.12, a current ratio of 5.69 and a debt-to-equity ratio of 0.14. The company’s fifty day simple moving average is $6.91 and its two-hundred day simple moving average is $7.87. The firm has a market cap of $3.75 billion, a PE ratio of -167.00 and a beta of 1.36. Paladin Energy has a 12-month low of $4.44 and a 12-month high of $10.50.
Analysts Set New Price Targets
Several research firms have weighed in on PALAF. The Goldman Sachs Group cut Paladin Energy from a “neutral” rating to a “sell” rating and set a $9.70 price objective for the company. in a report on Thursday, June 18th. Royal Bank Of Canada upgraded shares of Paladin Energy from a “hold” rating to an “outperform” rating in a report on Tuesday, June 30th. One equities research analyst has rated the stock with a Buy rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Hold” and a consensus target price of $9.70.
Paladin Energy Company Profile
Paladin Energy Ltd is an Australia‐based company engaged in the exploration, development and production of uranium concentrate for the global nuclear power industry. Primarily known for mining uranium oxide (U3O8), Paladin supplies a key fuel source used by utilities to generate low-carbon electricity. The company’s securities are traded on the OTC Markets under the ticker PALAF, alongside listings on the Australian Securities Exchange and the Toronto Stock Exchange.
Paladin’s flagship operation is the Langer Heinrich mine in Namibia, which recommenced production in 2021 following a period of care and maintenance.
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