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Laramide Resources (TSE:LAM) Share Price Crosses Below 200 Day Moving Average - Here's Why

Laramide Resources logo with Energy background

Laramide Resources Ltd. (TSE:LAM - Get Free Report)'s share price passed below its two hundred day moving average during trading on Wednesday . The stock has a two hundred day moving average of C$0.66 and traded as low as C$0.59. Laramide Resources shares last traded at C$0.62, with a volume of 146,491 shares traded.

Laramide Resources Stock Down 3.2 %

The company has a debt-to-equity ratio of 4.84, a quick ratio of 0.91 and a current ratio of 0.29. The company has a market capitalization of C$149.64 million, a PE ratio of -28.50 and a beta of 0.86. The company's 50-day moving average is C$0.60 and its 200 day moving average is C$0.66.

About Laramide Resources

(Get Free Report)

Laramide Resources Ltd. engages in the mining, exploration, and development of uranium assets in Australia and the United States. The company was incorporated in 1980 and is headquartered in Toronto, Canada.

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