Laramide Resources Ltd. (OTCMKTS:LMRXF – Get Free Report) shares rose 2.5% on Friday . The company traded as high as $0.6604 and last traded at $0.6150. Approximately 11,000 shares traded hands during trading, a decline of 90% from the average daily volume of 109,065 shares. The stock had previously closed at $0.5998.
Laramide Resources Price Performance
The stock’s 50-day simple moving average is $0.51 and its 200-day simple moving average is $0.45.
About Laramide Resources
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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