Laramide Resources Ltd. (OTCMKTS:LMRXF – Get Free Report)’s stock price shot up 2.6% on Wednesday . The company traded as high as $0.5143 and last traded at $0.4990. 15,051 shares changed hands during trading, a decline of 80% from the average session volume of 76,944 shares. The stock had previously closed at $0.4862.
Laramide Resources Stock Performance
The business’s 50 day simple moving average is $0.56 and its two-hundred day simple moving average is $0.49.
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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