Free Trial

Laramide Resources (TSE:LAM) Trading Up 7.6% - Should You Buy?

Laramide Resources logo with Energy background

Laramide Resources Ltd. (TSE:LAM - Get Free Report) 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 changed hands during mid-day 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 current ratio of 0.29, a quick ratio of 0.91 and a debt-to-equity ratio of 4.84. The stock's 50 day moving average price is C$0.64 and its two-hundred day moving average price is C$0.63. The firm has a market capitalization of C$184.56 million, a PE ratio of -35.15 and a beta of 0.86.

Insider Activity

In other Laramide Resources news, Director Marc Charles Henderson bought 50,000 shares of the company's stock in a transaction that occurred on Thursday, May 22nd. The stock was purchased at an average price of C$0.62 per share, with a total value of C$31,000.00. Insiders sold a total of 94,500 shares of company stock valued at $62,145 over the last 90 days. Insiders own 9.30% of the company's stock.

About Laramide Resources

(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.

Featured Stories

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.

Should You Invest $1,000 in Laramide Resources Right Now?

Before you consider Laramide Resources, you'll want to hear this.

MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Laramide Resources wasn't on the list.

While Laramide Resources currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.

View The Five Stocks Here

A Beginner's Guide to Investing in Cannabis Cover

Unlock your free copy of MarketBeat's comprehensive guide to pot stock investing and discover which cannabis companies are poised for growth. Plus, you'll get exclusive access to our daily newsletter with expert stock recommendations from Wall Street's top analysts.

Get This Free Report
Like this article? Share it with a colleague.

Featured Articles and Offers

Recent Videos

Oil Spikes Amid Rising Warfare: 3 Stocks to Watch Now
Palantir at All-Time Highs: Take Profits or Hold the Line?
3 Tech Stocks Insiders Are Buying: Speculative Plays for June

Stock Lists

All Stock Lists

Investing Tools

Calendars and Tools

Search Headlines