Laramide Resources (TSE:LAM) Stock Passes Below 200 Day Moving Average – What’s Next?

Laramide Resources Ltd. (TSE:LAMGet Free Report) crossed below its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of C$0.61 and traded as low as C$0.54. Laramide Resources shares last traded at C$0.55, with a volume of 195,182 shares changing hands.

Laramide Resources Price 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 business’s fifty day moving average price is C$0.62 and its 200-day moving average price is C$0.60. The stock has a market capitalization of C$153.15 million, a price-to-earnings ratio of -27.00 and a beta of 0.39.

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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