Shares of Laramide Resources Ltd. (OTCMKTS:LMRXF – Get Free Report) rose 7.8% on Friday . The company traded as high as $0.4515 and last traded at $0.4421. Approximately 47,300 shares changed hands during mid-day trading, a decline of 32% from the average daily volume of 69,799 shares. The stock had previously closed at $0.41.
Laramide Resources Price Performance
The stock has a 50 day moving average price of $0.51 and a two-hundred day moving average price of $0.51.
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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