Paladin Energy (PALAF) Expected to Post Quarterly Earnings on Tuesday

Paladin Energy (OTCMKTS:PALAF) is anticipated to issue its resultson Tuesday, July 21st. Analysts expect the company to post earnings of ($0.03) per share and revenue of $103.30 million for the quarter.

Paladin Energy Stock Performance

OTCMKTS:PALAF opened at $6.54 on Thursday. The company has a market cap of $2.94 billion, a P/E ratio of -130.70 and a beta of 1.35. Paladin Energy has a twelve month low of $3.81 and a twelve month high of $10.50. The company’s 50-day moving average price is $7.38 and its 200-day moving average price is $8.03. The company has a current ratio of 5.69, a quick ratio of 4.12 and a debt-to-equity ratio of 0.14.

Analyst Upgrades and Downgrades

PALAF has been the topic of several recent research reports. Royal Bank Of Canada upgraded Paladin Energy from a “hold” rating to an “outperform” rating in a report on Tuesday, June 30th. The Goldman Sachs Group downgraded Paladin Energy from a “neutral” rating to a “sell” rating and set a $9.70 price objective on the stock. in a research report on Thursday, June 18th. One analyst has rated the stock with a Buy rating and one has assigned a Sell rating to the company. According to MarketBeat, the company has a consensus rating of “Hold” and an average target price of $9.70.

About Paladin Energy

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.