Laramide Resources (TSE:LAM) Reaches New 12-Month High – Should You Buy?

Laramide Resources Ltd. (TSE:LAMGet Free Report)’s stock price reached a new 52-week high during mid-day trading on Friday . The company traded as high as C$0.87 and last traded at C$0.85, with a volume of 1322737 shares trading hands. The stock had previously closed at C$0.79.

Laramide Resources Trading Up 6.3%

The company has a current ratio of 0.29, a quick ratio of 0.91 and a debt-to-equity ratio of 4.84. The company has a market cap of C$238.24 million, a PE ratio of -42.00 and a beta of -0.05. The company has a fifty day simple moving average of C$0.60 and a two-hundred day simple moving average of C$0.59.

About Laramide Resources

(Get Free Report)

Laramide Resources Ltd is a Canadian company engaged in the exploration and development of high-quality uranium assets based in Australia and the United States. The company’s project includes Churchrock and ISR, New Mexico; La Sal, Utah; La Jara Mesa; Westmoreland, Australia, and Murphy Project.

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