Laramide Resources Ltd. (OTCMKTS:LMRXF – Get Free Report) was the recipient of a significant drop in short interest in the month of September. As of September 30th, there was short interest totaling 2,389,126 shares, a drop of 54.3% from the September 15th total of 5,230,609 shares. Based on an average daily volume of 49,938 shares, the short-interest ratio is presently 47.8 days.
Laramide Resources Price Performance
Shares of OTCMKTS:LMRXF opened at $0.34 on Tuesday. The business’s 50 day simple moving average is $0.43 and its 200-day simple moving average is $0.45. Laramide Resources has a 12 month low of $0.29 and a 12 month high of $0.67.
About Laramide Resources
Laramide Resources Ltd. is a uranium exploration and development company focused on advancing mineral projects in the United States and Australia. The company’s activities include acquiring, exploring, evaluating and developing uranium properties rather than producing a broad range of commodities.
Laramide’s principal assets include the Westmoreland uranium project in Queensland, Australia, and the Crownpoint and Church Rock projects in New Mexico. These projects are intended to support future uranium production, subject to additional exploration, permitting, technical studies and development decisions.
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