Marc Charles Henderson Acquires 20,000 Shares of Laramide Resources Ltd. (TSE:LAM) Stock

On Tuesday, February 18th, Marc Charles Henderson, a Director at Laramide Resources Ltd. (TSE:LAM - Get Free Report), made a significant investment by purchasing 20,000 shares of the company’s stock. The shares were acquired at an average price of C$0.56 each, leading to a total transaction value of C$11,200.00.

In addition to this recent acquisition, Henderson has a history of trading in Laramide Resources stock. On February 14th, he bought 30,000 shares at the same average price of C$0.56, resulting in a total cost of C$16,800.00. Earlier, on January 20th, he purchased 18,500 shares at an average price of C$0.61, amounting to C$11,285.00. Continuing his trend, he also acquired 15,000 shares on December 16th at an average cost of C$0.63, totaling C$9,450.00.

Current Stock Performance

Following these transactions, Laramide Resources stock experienced a slight decline of C$0.02, with shares trading at C$0.54 on Wednesday. A total of 5,600 shares were exchanged on that day, which is notably lower than the average trading volume of 181,954 shares. The company carries a market capitalization of C$134.68 million, with a PE ratio of -25.65 and a beta of 0.86. Over the last year, the stock has seen a low of C$0.41 and a peak of C$0.89. The fifty-day moving average price stands at C$0.63, while the 200-day moving average is at C$0.64. It is also worth noting that the company has a debt-to-equity ratio of 4.84 and current ratios of 0.29 and 0.91, indicating its financial leverage and liquidity positions.

Company Overview

Laramide Resources Ltd. focuses on the mining, exploration, and development of uranium assets located in Australia and the United States. Established in 1980, the company is headquartered in Toronto, Canada. Its expertise lies in identifying and nurturing uranium-related opportunities in these key markets.

Investment Considerations

When considering investing in Laramide Resources, potential investors may want to stay informed about stock performance and company actions. Analysts have currently rated Laramide Resources with a 'Hold' recommendation, suggesting a cautious approach to investment in this stock at this time.

Laramide, Shares, Investment