Laramide Resources Ltd. (OTCMKTS:LMRXF) Stock Short Interest Report for September

Laramide Resources Ltd. (OTCMKTS:LMRXF) was the target of 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 trading volume, of 49,938 shares, the days-to-cover ratio is currently 47.8 days.

Laramide Resources Stock Performance

Shares of LMRXF stock traded up $0.01 during mid-day trading on Thursday, reaching $0.32. 550 shares of the company’s stock traded hands, compared to its average volume of 53,261. The company’s 50-day moving average price is $0.42 and its 200-day moving average price is $0.45. Laramide Resources has a 12 month low of $0.29 and a 12 month high of $0.67.

Laramide Resources Company Profile

Laramide Resources Ltd. is a uranium exploration and development company focused on advancing a portfolio of projects in the United States and Australia. The company’s activities include acquiring, exploring, evaluating and developing uranium properties, with the goal of establishing future sources of uranium for the nuclear energy industry.

Laramide’s principal Australian asset is the Westmoreland uranium project in Queensland, which is located near the Northern Territory border. In the United States, the company holds uranium projects in New Mexico, including the Crownpoint and Church Rock projects, as well as the La Jara Mesa project.