Insider Selling: Laramide Resources Ltd. (TSE: LAM) Director sells 25,000 shares

Laramide Resources Ltd. (TSE:LAM – Get Rating) Director Raffi Babikian sold 25,000 shares of the company in a trade on Friday May 20. The stock was sold at an average price of CA$0.45, for a total value of CA$11,250.00. Following completion of the transaction, the administrator now directly owns 300,000 shares of the company, valued at C$135,000.

Raffi Babikian also recently made the following trade(s):

  • On Friday April 22, Raffi Babikian sold 49,500 shares of Laramide Resources. The shares were sold at an average price of C$0.72, for a total value of C$35,808.30.
  • On Wednesday April 20, Raffi Babikian sold 500 shares of Laramide Resources. The shares were sold at an average price of CA$0.85, for a total value of CA$425.00.

Shares of LAM traded C$0.03 lower at midday on Tuesday, hitting C$0.43. The company had a trading volume of 91,627 shares, compared to an average volume of 470,058. has a 52-week low of C$0.37 and a 52-week high of C$1.12. The company has a quick ratio of 0.83, a current ratio of 0.85 and a debt ratio of 6.39. The stock has a market capitalization of C$88.39 million and a P/E ratio of -9.58. The stock has a 50-day moving average of C$0.69 and a 200-day moving average of C$0.71.

Laramide Resources Company Profile (Get a rating)

Laramide Resources Ltd. is engaged in the mining, exploration and development of uranium assets in Australia, Canada and the United States. It holds a 100% interest in the Church rock uranium project, the Crownpoint uranium project, the La Jara Mesa uranium project and the La Sal uranium project located in the United States; and owns a 100% interest in the Westmoreland uranium project and the Murphy uranium project located in Australia.

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