Laramide Resources – ASX: LAM, TSX: LAM, OTCMKTS: LMRXF

Laramide Resources Ltd. (Stock Symbols – ASX: LAM, TSX: LAM, OTCMKTS: LMRXF) explores for and develops uranium projects in Australia and the United States.

The company holds 100% interest in the Church Rock Uranium project, La Jara Uranium project, and the Crownpoint Uranium project all of which are located in New Mexico, United States.

The company’s La Sal Uranium project is located in Utah, United States. The company’s Westmoreland Uranium and Murphy Uranium projects are both located in Australia.

The Church Rock project is located approximately 10 miles from the city of Gallup, New Mexico in McKinley County, and is proposed to be an in-situ recovery (ISR) mine with an inferred resource of just under 51 million pounds.

Initial production is anticipated to be 1 million pounds per year with a $21 – $23 per pound operating cost for production.

Notably, the Church Rock project holds the NRC license for a 3 million pounds per year processing plant.

The company is working toward completion of the preliminary economic analysis (PEA) for Church Rock.

The Crownpoint project is also proposed to be an in-situ recovery mine with another 5.1 million pounds of uranium resource.

La Sal and La Jara Mesa projects are both hard rock projects and the company has permits to conduct bulk sampling.

The La Jara Mesa project notes a mineral resource of 10.4 million pounds of uranium, and the La Sal project notes 2.7 million pounds of contained uranium.

The Westmoreland project in Australia has 36 million pounds of uranium in the indicated category, with another almost 16 million pounds in the inferred for a total of nearly 52 million pounds.

This project plans to be an open cut mine with in-pit disposal of tailings. The company expects to produce on an annual basis around 3.5 million pounds of product.

The anticipated mine life is expected to be greater than 13 and could be more than 15 years with more resource drilling at the site.

The cash costs per pound for the first five years of production average $21 per pound and the life of mine average cash costs are $23 per pound.

The internal rate of return for the Westmoreland project is 45.4% with a payback of 2.5 years post tax.

Laramide Resources Ltd. was incorporated in 1980 and is headquartered in Toronto, Canada.

Contact:

Laramide Resources Ltd.

The Exchange Tower
130 King Street West,
PO Box 99, Suite 3680
Toronto, Ontario M5X 1B1 (Canada)

Phone: +1 416.599.7363
Email: [email protected]

www.laramide.com

Laramide Resources Ltd. Stock Performance & Market Cap

Stock Symbols – ASX: LAM, TSX: LAM, OTCMKTS: LMRXF

The financial, as well as the technical charting and analysis tools below, will help you to view and analyze key data including:

  • Trading Volume Data (52 week range)
  • Market Cap Data
  • Dividend Current
  • Dividend Historic
  • Dividend Yield
  • Ex Dividend Date
  • Sales Data
  • Revenue Data
  • Investment News
  • Recent News
  • Shares Price to Earnings Ratio
  • P E Ratio
  • Basic Earnings Per Shares
  • Total Number of Shares (Stocks) Outstanding
  • Average Days Trading Volume (52 week range)
  • EPS (Earnings Per Share)
  • Technical Indicators
  • Accumulation / Distribution
  • Stochastic
  • Historical Data
  • Income Statement
  • Balance Sheet
  • Cash Flow
  • Stock Performance – 1 Week, 1 Month, 3 Mo, 6 Mo, YTD, 1 Year
  • Technical Buy / Sell Tool
  • Stock Data (Near real time price)
  • Market Cap
  • Short Interest
  • More media, news, stock quotes, expected dividends and partners
  • CEO and Leadership
  • 52 Week Low – Stocks Price
  • 52 Week High – Stocks Price
  • Day Range – Stocks Price
  • P/E Ratio
  • Current Price Per Ordanary Shares (market delayed / not real time)
  • Last Sale
  • Price to Earnings Ratio
  • Aroon
  • CRSI
  • DMI
  • MACD
  • OBV
  • Historical Stock / Volume / Market / Price / Dividend Data
  • Short Interest
  • Chief Executive Officer
  • And a motley fool more!
  • Interactive chart and market data powered by TradingView

Don’t forget to take a look at these uranium stocks to include in your portfolio.

Join and participate in engaging conversations in our uranium discussion groups or uranium forums. Check out these additional resources to grow your knowledge.

The Laramide Resources group is full of discussions, presentations, and company announcements. If you’re looking to be engaged, this is the place for it!

Discuss the company in more detail and dive deeper into organized conversations in the Laramide Resources forum.

Previous Uranium Stock -> Labrador Uranium

Next Uranium Stock -> Liberty Star Uranium & Metals

 

 

Tweets

Load More...