Laramide Resources (OTCMKTS:LMRXF) Stock Price Down 3.7% – Should You Sell?

Laramide Resources Ltd. (OTCMKTS:LMRXFGet Free Report)’s share price fell 3.7% on Thursday . The stock traded as low as $0.5770 and last traded at $0.6307. 33,269 shares traded hands during mid-day trading, a decline of 73% from the average session volume of 125,251 shares. The stock had previously closed at $0.6550.

Laramide Resources Trading Down 3.7%

The business has a fifty day simple moving average of $0.45 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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