Paladin Energy Limited (OTCMKTS:PALAF – Get Rating) saw a significant increase in short interest in June. As of June 30th, there was short interest totalling 19,107,400 shares, an increase of 45.8% from the June 15th total of 13,101,700 shares. Based on an average daily volume of 1,485,200 shares, the short-interest ratio is presently 12.9 days.
Paladin Energy Price Performance
Shares of Paladin Energy stock opened at $0.40 on Monday. The stock's 50-day moving average is $0.46 and its 200-day moving average is $0.54. Paladin Energy has a one year low of $0.27 and a one year high of $0.80. The company has a debt-to-equity ratio of 0.32, a quick ratio of 22.97 and a current ratio of 25.74.
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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.Featured Stories
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