August 18, 2021
Laramide Resources Ltd. (TSX:LAM, BUY, C$0.90 target, David A. Talbot) announced that its common shares have commenced trading on the OTCQX Best Market under the symbol “LMRXF,” having been upgraded from the Pink sheets. Further, the company announced its inclusion in the Global X Uranium ETF (NYSEARCA:URA) – the largest ETF in the uranium sector, with net assets of ~US$650M. In our view, the new OTCQX listing and inclusion in the Global X Uranium ETF should help provide additional exposure, liquidity, and access to capital, particularly from the US market. This is especially important for Laramide, as it holds several uranium assets in the USA, including the Churchrock and Crownpoint ISR projects, along with the La Sal and La Jara Mesa hard-rock projects, amongst others. Read more
