Laramide Resources Ltd. (TSE:LAM – Get Free Report) shares shot up 10.2% on Tuesday. The company traded as high as C$0.54 and last traded at C$0.54. Approximately 484,126 shares were traded during trading, an increase of 16% from the average session volume of 416,136 shares. The stock had previously closed at C$0.49.
Laramide Resources Trading Up 10.2%
The company has a debt-to-equity ratio of 1.35, a quick ratio of 0.91 and a current ratio of 0.68. The business has a fifty day simple moving average of C$0.60 and a 200 day simple moving average of C$0.63. The stock has a market cap of C$158.09 million, a price-to-earnings ratio of -13.50 and a beta of 0.94.
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.
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