Laramide Resources Ltd. (TSE:LAM – Get Free Report) shares crossed below its two hundred day moving average during trading on Friday . The stock has a two hundred day moving average of C$0.70 and traded as low as C$0.57. Laramide Resources shares last traded at C$0.59, with a volume of 51,681 shares.
Laramide Resources Stock Up 3.5%
The company has a debt-to-equity ratio of 0.98, a quick ratio of 0.91 and a current ratio of 3.07. The company has a market cap of C$167.80 million, a P/E ratio of -19.67 and a beta of -0.13. The firm’s 50 day moving average price is C$0.67 and its two-hundred day moving average price is C$0.70.
Laramide Resources Company Profile
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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