Laramide Resources Ltd. (OTCMKTS:LMRXF – Get Free Report)’s stock price shot up 5.2% on Thursday . The stock traded as high as $0.3643 and last traded at $0.3628. Approximately 3,700 shares traded hands during mid-day trading, a decline of 94% from the average session volume of 60,949 shares. The stock had previously closed at $0.3450.
Laramide Resources Stock Performance
The firm’s 50 day moving average is $0.42 and its 200-day moving average is $0.50.
About Laramide Resources
Laramide Resources Ltd. (OTCMKTS:LMRXF) is a Canada-based mineral exploration company focusing on uranium assets in the United States. Through its U.S. subsidiary, Laramide Energy (USA) Corp., the company holds interests in several advanced-stage uranium projects located in established uranium districts, with a view toward eventual production to support the global nuclear power industry.
The company’s portfolio is anchored by the Roca Honda deposit in the Grants Mineral Belt of New Mexico, which benefits from existing environmental permits and an established resource estimate.
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