Australia-listed shares of Laramide Resources soar after Boss Energy hikes stake

Laramide Resources

13/03/2025 24:34

** Australia-listed shares of uranium miner Laramide Resources LAM.AX rise as much as 14.8% to A$0.7, their highest level since February 19

** Shares gain most since September 23, 2024

** Australia's Boss Energy BOE.AX says that it has bought 23.5 mln shares in Laramide Resources, reflecting about a 9% stake

** BOE buys shares at 60 Canadian cents per share, increasing stake to about 18.4%

** LAM shares down 20.8% this year

 (Reporting by Nichiket Sunil in Bengaluru)

 ((Nichiket.Sunil@thomsonreuters.com;))