Laramide Resources Ltd. (OTCMKTS:LMRXF) Stock Short Interest Rises 105.5%

by · The Markets Daily

Laramide Resources Ltd. (OTCMKTS:LMRXF – Get Free Report) was the recipient of a significant growth in short interest in the month of September. As of September 15th, there was short interest totaling 5,230,609 shares, a growth of 105.5% from the August 31st total of 2,545,192 shares. Based on an average trading volume of 30,131 shares, the days-to-cover ratio is presently 173.6 days.

Laramide Resources Stock Performance

Shares of Laramide Resources stock traded down $0.03 during trading on Tuesday, reaching $0.37. 10,500 shares of the stock were exchanged, compared to its average volume of 54,327. Laramide Resources has a 1 year low of $0.29 and a 1 year high of $0.67. The stock’s fifty day moving average is $0.43 and its 200 day moving average is $0.46.

Laramide Resources Company Profile

(Get Free Report)

Laramide Resources Ltd. is a uranium exploration and development company focused on advancing mineral projects in the United States and Australia. The company’s activities include acquiring, exploring, evaluating and developing uranium properties rather than producing a broad range of commodities.

Laramide’s principal assets include the Westmoreland uranium project in Queensland, Australia, and the Crownpoint and Church Rock projects in New Mexico. These projects are intended to support future uranium production, subject to additional exploration, permitting, technical studies and development decisions.

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