Laramide Resources (TSE:LAM) Stock Passes Above 50 Day Moving Average – What’s Next?

Shares of Laramide Resources Ltd. (TSE:LAMGet Free Report) passed above its 50-day moving average during trading on Tuesday . The stock has a 50-day moving average of C$0.77 and traded as high as C$0.86. Laramide Resources shares last traded at C$0.83, with a volume of 597,385 shares traded.

Laramide Resources Stock Performance

The firm has a market capitalization of C$241.08 million, a P/E ratio of -42.50 and a beta of -0.37. The company has a debt-to-equity ratio of 1.01, a current ratio of 3.00 and a quick ratio of 0.91. The firm has a 50-day moving average price of C$0.78 and a two-hundred day moving average price of C$0.66.

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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