Laramide Resources Ltd. (OTCMKTS:LMRXF – Get Free Report) saw a large increase in short interest in the month of September. As of September 15th, there was short interest totaling 5,230,609 shares, an increase of 105.5% from the August 31st total of 2,545,192 shares. Based on an average daily volume of 30,131 shares, the days-to-cover ratio is currently 173.6 days.
Laramide Resources Stock Performance
OTCMKTS:LMRXF opened at $0.37 on Wednesday. Laramide Resources has a 12-month low of $0.29 and a 12-month high of $0.67. The stock’s fifty day simple moving average is $0.43 and its 200-day simple moving average is $0.46.
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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