Laramide Resources Ltd. (TSE:LAM – Get Free Report) was down 9.2% during mid-day trading on Friday . The stock traded as low as C$0.69 and last traded at C$0.69. Approximately 173,727 shares were traded during trading, a decline of 57% from the average session volume of 403,837 shares. The stock had previously closed at C$0.76.
Laramide Resources Trading Down 9.2%
The business’s 50-day moving average price is C$0.57 and its 200 day moving average price is C$0.68. The company has a market cap of C$202.00 million, a P/E ratio of -17.25 and a beta of -0.13. The company has a debt-to-equity ratio of 1.35, a quick ratio of 0.91 and a current ratio of 0.68.
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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