Laramide Resources (TSE:LAM) Shares Up 4.9% – Here’s What Happened

Laramide Resources Ltd. (TSE:LAMGet Free Report) rose 4.9% during mid-day trading on Thursday . The company traded as high as C$0.87 and last traded at C$0.86. Approximately 139,968 shares traded hands during trading, a decline of 79% from the average daily volume of 662,456 shares. The stock had previously closed at C$0.82.

Laramide Resources Price Performance

The company has a market capitalization of C$238.24 million, a price-to-earnings ratio of -42.00 and a beta of 0.28. The company has a fifty day simple moving average of C$0.69 and a two-hundred day simple moving average of C$0.62. The company has a debt-to-equity ratio of 4.84, a quick ratio of 0.91 and a current ratio of 0.29.

About Laramide Resources

(Get Free Report)

Laramide Resources Ltd is a Canadian company engaged in the exploration and development of high-quality uranium assets based in Australia and the United States. The company’s project includes Churchrock and ISR, New Mexico; La Sal, Utah; La Jara Mesa; Westmoreland, Australia, and Murphy Project.

Further Reading

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