Laramide Resources Ltd. (TSE:LAM – Get Free Report) shares traded up 12.2% during trading on Tuesday. The stock traded as high as C$0.48 and last traded at C$0.48. 423,430 shares were traded during trading, a decline of 1% from the average daily volume of 425,725 shares. The stock had previously closed at C$0.43.
Laramide Resources Stock Up 11.6%
The company has a debt-to-equity ratio of 1.35, a quick ratio of 0.91 and a current ratio of 0.68. The firm has a market cap of C$140.52 million, a PE ratio of -12.00 and a beta of 0.94. The firm’s 50-day moving average price is C$0.57 and its two-hundred day moving average price is C$0.66.
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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