Laramide Resources Ltd. (OTCMKTS:LMRXF – Get Free Report) shares dropped 3.4% on Friday . The company traded as low as $0.4467 and last traded at $0.4467. 65,500 shares changed hands during mid-day trading, an increase of 16% from the average session volume of 56,630 shares. The stock had previously closed at $0.4623.
Laramide Resources Price Performance
The stock’s 50 day moving average price is $0.42 and its 200-day moving average price is $0.48.
Laramide Resources Company Profile
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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