Laramide Resources (TSE:LAM) Shares Pass Below 50-Day Moving Average of $0.28

Laramide Resources Ltd. (TSE:LAM) crossed below its fifty day moving average during trading on Thursday . The stock has a fifty day moving average of $0.28 and traded as low as $0.23. Laramide Resources shares last traded at $0.24, with a volume of 94,200 shares.

The stock’s 50 day moving average price is C$0.27 and its 200 day moving average price is C$0.35. The company has a current ratio of 0.10, a quick ratio of 0.06 and a debt-to-equity ratio of 13.08. The company has a market capitalization of $32.48 million and a price-to-earnings ratio of -6.86.

Laramide Resources Company Profile (TSE:LAM)

Laramide Resources Ltd. explores for and develops uranium projects in Australia and the United States. Its flagship project is the Westmoreland property located in Queensland, Australia. The company also holds a 100% interest in the Murphy Uranium Tenements in the Northern Territory of Australia. Laramide Resources Ltd.

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