Shares of Laramide Resources Ltd. (TSE:LAM – Get Free Report) reached a new 52-week low on Thursday. The company traded as low as C$0.43 and last traded at C$0.44, with a volume of 398,716 shares trading hands. The stock had previously closed at C$0.46.
Laramide Resources Trading Up 5.8%
The company has a debt-to-equity ratio of 1.35, a quick ratio of 0.91 and a current ratio of 0.68. The stock has a market cap of C$133.20 million, a P/E ratio of -11.38 and a beta of 0.94. The company has a 50-day simple moving average of C$0.57 and a 200-day simple moving average of C$0.61.
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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