Laramide Resources Ltd. (TSE:LAM – Get Free Report) shares rose 14.8% during mid-day trading on Thursday . The stock traded as high as C$0.71 and last traded at C$0.70. 676,913 shares were traded during trading, an increase of 56% from the average daily volume of 434,427 shares. The stock had previously closed at C$0.61.
Laramide Resources Price Performance
The firm has a market cap of C$195.89 million, a PE ratio of -23.00 and a beta of -0.13. The stock’s fifty day moving average price is C$0.70 and its 200-day moving average price is C$0.71. The company has a debt-to-equity ratio of 0.98, a current ratio of 3.07 and a quick ratio of 0.91.
Laramide Resources (TSE:LAM – Get Free Report) last posted its quarterly earnings results on Thursday, March 19th. The company reported C($0.02) earnings per share for the quarter. As a group, equities analysts expect that Laramide Resources Ltd. will post -0.03 EPS for the current fiscal year.
About Laramide Resources
Laramide is focused on exploring and developing high-quality uranium assets in Tier-1 uranium jurisdictions. The company’s portfolio comprises predominantly advanced uranium projects in districts with historical production or superior geological prospectivity. The assets have been carefully chosen for their size, production potential, and the two large development projects are considered to be late-stage, low-technical risk projects.
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