Laramide Resources Ltd. (OTCMKTS:LMRXF) Sees Significant Increase in Short Interest

Laramide Resources Ltd. (OTCMKTS:LMRXF) saw a significant growth in short interest in October. As of October 15th, there was short interest totalling 978,400 shares, a growth of 6.0% from the September 30th total of 922,600 shares. Based on an average daily trading volume, of 25,900 shares, the short-interest ratio is currently 37.8 days.

Laramide Resources Price Performance

Shares of OTCMKTS:LMRXF traded down $0.01 during trading on Wednesday, reaching $0.53. 17,634 shares of the company’s stock traded hands, compared to its average volume of 37,186. The company has a 50-day simple moving average of $0.45 and a 200-day simple moving average of $0.49. Laramide Resources has a fifty-two week low of $0.30 and a fifty-two week high of $0.69.

Laramide Resources Company Profile

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.