Laramide Resources Ltd. (TSE:LAM - Get Free Report) shares shot up 7.6% during mid-day trading on Monday . The stock traded as high as C$0.71 and last traded at C$0.71. 6,244 shares were traded during trading, a decline of 97% from the average session volume of 224,526 shares. The stock had previously closed at C$0.66.
Laramide Resources Stock Performance
The company has a debt-to-equity ratio of 4.84, a current ratio of 0.29 and a quick ratio of 0.91. The firm has a market capitalization of C$172.09 million, a PE ratio of -32.78 and a beta of 0.86. The company's fifty day simple moving average is C$0.64 and its 200-day simple moving average is C$0.63.
Insider Buying and Selling
In related news, Director Marc Charles Henderson purchased 50,000 shares of the company's stock in a transaction on Thursday, May 22nd. The stock was acquired at an average cost of C$0.62 per share, for a total transaction of C$31,000.00. Over the last ninety days, insiders sold 94,500 shares of company stock worth $62,145. Insiders own 9.30% of the company's stock.
Laramide Resources Company Profile
(
Get Free Report)
Laramide Resources Ltd is a Canadian company engaged in the exploration and development of high-quality uranium assets based in Australia and the United States. The company's project includes Churchrock and ISR, New Mexico; La Sal, Utah; La Jara Mesa; Westmoreland, Australia, and Murphy Project.
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