Laramide Resources Ltd. (OTCMKTS:LMRXF – Get Free Report)’s share price dropped 3.7% on Thursday . The company traded as low as $0.5770 and last traded at $0.6307. Approximately 33,269 shares changed hands during trading, a decline of 73% from the average daily volume of 125,251 shares. The stock had previously closed at $0.6550.
Laramide Resources Stock Performance
The stock has a 50-day moving average of $0.45 and a 200-day moving average of $0.43.
About Laramide Resources
Laramide Resources Ltd. (OTCMKTS:LMRXF) is a Canada-based mineral exploration company focusing on uranium assets in the United States. Through its U.S. subsidiary, Laramide Energy (USA) Corp., the company holds interests in several advanced-stage uranium projects located in established uranium districts, with a view toward eventual production to support the global nuclear power industry.
The company’s portfolio is anchored by the Roca Honda deposit in the Grants Mineral Belt of New Mexico, which benefits from existing environmental permits and an established resource estimate.
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