Laramide Resources Ltd. (TSE:LAM – Get Free Report) shot up 10.2% on Tuesday. The stock traded as high as C$0.54 and last traded at C$0.54. 484,126 shares were traded during trading, an increase of 16% from the average daily volume of 416,136 shares. The stock had previously closed at C$0.49.
Laramide Resources Stock Up 10.2%
The company has a market capitalization of C$158.09 million, a price-to-earnings ratio of -13.50 and a beta of 0.94. The company has a current ratio of 0.68, a quick ratio of 0.91 and a debt-to-equity ratio of 1.35. The firm’s 50 day simple moving average is C$0.60 and its 200-day simple moving average is C$0.63.
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.
Featured Stories
- Five stocks we like better than Laramide Resources
- Record French Debt Could Create Opportunities for U.S. Market Operators
- InvenTrust’s Sell-Off Opens a Potential Entry Point
- Curaleaf’s Higher Aurora Bid Raises the Stakes in Cannabis Consolidation
- Why onsemi’s Synaptics Pivot Could Be a Game Changer
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.
