Shares of Laramide Resources Ltd. (TSE:LAM – Get Free Report) passed below its two hundred day moving average during trading on Monday . The stock has a two hundred day moving average of C$0.71 and traded as low as C$0.49. Laramide Resources shares last traded at C$0.49, with a volume of 240,720 shares trading hands.
Laramide Resources Stock Performance
The company has a fifty day moving average price of C$0.64 and a two-hundred day moving average price of C$0.70. The company has a debt-to-equity ratio of 0.98, a current ratio of 3.07 and a quick ratio of 0.91. The company has a market capitalization of C$142.20 million, a P/E ratio of -16.67 and a beta of -0.10.
About Laramide Resources
Laramide is focused on exploring and developing high-quality uranium assets in Tier-1 uranium jurisdictions. The company’s portfolio comprises predominantly advanced uranium projects in districts with historical production or superior geological prospectivity. The assets have been carefully chosen for their size, production potential, and the two large development projects are considered to be late-stage, low-technical risk projects.
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