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Short Interest in Paladin Energy Limited (OTCMKTS:PALAF) Expands By 30.9%

Financial News Live ·  Jul 5, 2022 06:01

Paladin Energy Limited (OTCMKTS:PALAF – Get Rating) was the recipient of a significant growth in short interest in June. As of June 15th, there was short interest totalling 13,101,700 shares, a growth of 30.9% from the May 31st total of 10,007,100 shares. Based on an average trading volume of 901,200 shares, the days-to-cover ratio is presently 14.5 days.

Paladin Energy stock opened at $0.41 on Tuesday. The stock has a fifty day moving average price of $0.49 and a two-hundred day moving average price of $0.56. Paladin Energy has a 52-week low of $0.27 and a 52-week high of $0.80.

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About Paladin Energy (Get Rating)

Paladin Energy Limited develops 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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