Laramide Resources (OTCMKTS:LMRXF) Shares Down 2.1% – Time to Sell?

Shares of Laramide Resources Ltd. (OTCMKTS:LMRXFGet Free Report) fell 2.1% during trading on Wednesday . The stock traded as low as $0.4475 and last traded at $0.46. 165,220 shares were traded during trading, an increase of 75% from the average session volume of 94,180 shares. The stock had previously closed at $0.47.

Laramide Resources Stock Down 2.1%

The company has a 50-day simple moving average of $0.42 and a 200 day simple moving average of $0.43.

About Laramide Resources

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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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