Laramide Resources Ltd. (TSE:LAM – Get Free Report)’s stock price hit a new 52-week low during mid-day trading on Wednesday. The stock traded as low as C$0.48 and last traded at C$0.46, with a volume of 2333935 shares. The stock had previously closed at C$0.51.
Laramide Resources Trading Down 9.8%
The stock has a 50-day moving average of C$0.60 and a 200 day moving average of C$0.64. The stock has a market cap of C$134.67 million, a PE ratio of -11.50 and a beta of 0.39. The company has a quick ratio of 0.91, a current ratio of 0.68 and a debt-to-equity ratio of 1.35.
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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