Laramide Resources Ltd. (TSE:LAM – Get Free Report)’s stock price crossed below its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of C$0.70 and traded as low as C$0.49. Laramide Resources shares last traded at C$0.51, with a volume of 356,421 shares trading hands.
Laramide Resources Stock Performance
The company has a quick ratio of 0.91, a current ratio of 3.07 and a debt-to-equity ratio of 0.98. The business has a 50 day moving average price of C$0.59 and a 200 day moving average price of C$0.70. The stock has a market cap of C$145.05 million, a P/E ratio of -17.00 and a beta of -0.10.
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.
Further Reading
- Five stocks we like better than Laramide Resources
- Microsoft Just Flipped the AI Spending Narrative Overnight
- Qualcomm’s Turnaround Is Working, So Why Is Wall Street Selling?
- Meta’s Earnings Show Why Wall Street Is Losing Patience With AI Spending
- Can Starbucks Keep This Turnaround Going? The Latest Results Say Yes
Receive News & Ratings for Laramide Resources Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Laramide Resources and related companies with MarketBeat.com's FREE daily email newsletter.
