Laramide Resources Ltd. (TSE:LAM)‘s stock had its “buy” rating reiterated by equities researchers at Eight Capital in a report released on Wednesday. They currently have a C$0.60 price objective on the stock. Eight Capital’s target price indicates a potential upside of 140.00% from the stock’s previous close.

Laramide Resources (LAM) traded down 3.85% during trading on Wednesday, hitting $0.25. The stock had a trading volume of 387,500 shares. The firm’s market cap is $28.71 million. Laramide Resources has a 52 week low of $0.18 and a 52 week high of $0.74. The company’s 50-day moving average is $0.29 and its 200 day moving average is $0.36.

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About Laramide Resources

Laramide Resources Ltd. is a Canada-based company engaged in the exploration and development of uranium assets based in Australia and the United States. The Company has a portfolio of uranium projects, including Westmoreland Project in Australia and over two development-stage assets, including La Sal and La Jara Mesa, in the United States.

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