Laramide Resources Ltd. (TSE:LAM – Get Free Report)’s stock price passed below its 200-day moving average during trading on Monday . The stock has a 200-day moving average of C$0.71 and traded as low as C$0.49. Laramide Resources shares last traded at C$0.49, with a volume of 240,720 shares traded.
Laramide Resources Stock Down 7.5%
The firm has a market capitalization of C$139.36 million, a price-to-earnings ratio of -16.33 and a beta of -0.10. The business has a 50 day moving average of C$0.64 and a 200 day moving average of C$0.71. The company has a debt-to-equity ratio of 0.98, a current ratio of 3.07 and a quick ratio of 0.91.
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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