Laramide Resources Ltd. (OTCMKTS:LMRXF – Get Free Report) saw a significant drop in short interest in the month of September. As of September 30th, there was short interest totaling 2,389,126 shares, a drop of 54.3% from the September 15th total of 5,230,609 shares. Based on an average daily volume of 49,938 shares, the short-interest ratio is currently 47.8 days.
Laramide Resources Stock Performance
LMRXF stock opened at $0.34 on Tuesday. The business has a fifty day simple moving average of $0.43 and a 200-day simple moving average of $0.45. Laramide Resources has a 52 week low of $0.29 and a 52 week high of $0.67.
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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