Laramide Resources Ltd. (TSE:LAM – Get Free Report) reached a new 52-week low during trading on Tuesday. The company traded as low as C$0.42 and last traded at C$0.43, with a volume of 45,533 shares traded. The stock had previously closed at C$0.42.
Laramide Resources Price Performance
The stock has a fifty day moving average of C$0.53 and a two-hundred day moving average of C$0.65. The stock has a market capitalization of C$120.03 million, a price-to-earnings ratio of -10.25 and a beta of 0.95. The company has a current ratio of 0.68, a quick ratio of 0.91 and a debt-to-equity ratio of 1.35.
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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