Laramide Resources (TSE:LAM) Reaches New 1-Year High – Here’s What Happened

Laramide Resources Ltd. (TSE:LAMGet Free Report) reached a new 52-week high during trading on Thursday . The stock traded as high as C$0.91 and last traded at C$0.87, with a volume of 575349 shares traded. The stock had previously closed at C$0.90.

Laramide Resources Stock Performance

The business has a 50-day moving average price of C$0.63 and a 200-day moving average price of C$0.60. The company has a quick ratio of 0.91, a current ratio of 0.29 and a debt-to-equity ratio of 4.84. The firm has a market capitalization of C$241.08 million, a price-to-earnings ratio of -42.50 and a beta of -0.05.

Laramide Resources Company Profile

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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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