Laramide Resources (OTCMKTS:LMRXF) Stock Price Down 1.9% – Time to Sell?

Laramide Resources Ltd. (OTCMKTS:LMRXFGet Free Report)’s share price fell 1.9% during mid-day trading on Monday . The stock traded as low as $0.56 and last traded at $0.5690. 38,088 shares traded hands during trading, a decline of 58% from the average session volume of 90,158 shares. The stock had previously closed at $0.58.

Laramide Resources Stock Down 1.9%

The company’s 50 day moving average price is $0.57 and its 200 day moving average price is $0.48.

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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