Laramide Resources Ltd. (TSE:LAM) Director John Geoffrey Booth Buys 150,000 Shares

Laramide Resources Ltd. (TSE:LAM) Director John Geoffrey Booth bought 150,000 shares of the company’s stock in a transaction on Wednesday, August 21st. The shares were bought at an average cost of C$0.25 per share, for a total transaction of C$37,500.00. Following the transaction, the director now owns 1,465,909 shares in the company, valued at approximately C$366,477.25.

TSE:LAM traded up C$0.01 during trading hours on Thursday, hitting C$0.25. 49,820 shares of the company were exchanged, compared to its average volume of 186,135. The stock has a market capitalization of $32.48 million and a price-to-earnings ratio of -7.14. Laramide Resources Ltd. has a 52-week low of C$0.21 and a 52-week high of C$0.52. The company has a debt-to-equity ratio of 13.08, a current ratio of 0.10 and a quick ratio of 0.06. The company’s 50 day moving average price is C$0.26 and its 200-day moving average price is C$0.34.

About Laramide Resources

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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