Laramide Resources Ltd. explores for and develops uranium projects in Australia and the United States.
Overvalued with worrying balance sheet.
Share Price & News
How has Laramide Resources's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: LAM has not had significant price volatility in the past 3 months.
7 Day Return
AU Oil and Gas
1 Year Return
AU Oil and Gas
Return vs Industry: Insufficient data to determine how LAM performed against the Australian Oil and Gas industry.
Return vs Market: Insufficient data to determine how LAM performed against the Australian Market.
Price Volatility Vs. Market
How volatile is Laramide Resources's share price compared to the market and industry in the last 5 years?
Simply Wall St News
No news available
Is Laramide Resources undervalued compared to its fair value and its price relative to the market?
Price to Book (PB) ratio
Share Price vs. Fair Value
Below Fair Value: Insufficient data to calculate LAM's fair value to establish if it is undervalued.
Significantly Below Fair Value: Insufficient data to calculate LAM's fair value to establish if it is undervalued.
Price To Earnings Ratio
PE vs Industry: LAM is unprofitable, so we can't compare its PE Ratio to the Oil and Gas industry average.
PE vs Market: LAM is unprofitable, so we can't compare its PE Ratio to the Australian market.
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate LAM's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: LAM is good value based on its PB Ratio (0.4x) compared to the AU Oil and Gas industry average (1.2x).
How is Laramide Resources forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
Forecasted Energy industry annual growth in earnings
In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as Laramide Resources has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.
This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.
- Take a look at our analysis of LAM’s management and see if the CEO’s compensation is within a reasonable range, who is on the board and if insiders have been trading lately.
- Laramide Resources competitive advantages and company strategy can generally be found in its financial reports archived here.
- Explore growth companies in the Energy industry.
How has Laramide Resources performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: LAM is currently unprofitable.
Growing Profit Margin: LAM is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: LAM is unprofitable, but has reduced losses over the past 5 years at a rate of 26.2% per year.
Accelerating Growth: Unable to compare LAM's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: LAM is unprofitable, making it difficult to compare its past year earnings growth to the Oil and Gas industry (14.4%).
Return on Equity
High ROE: LAM has a negative Return on Equity (-2.91%), as it is currently unprofitable.
How is Laramide Resources's financial position?
Financial Position Analysis
Short Term Liabilities: LAM's short term assets (CA$910.8K) do not cover its short term liabilities (CA$5.4M).
Long Term Liabilities: LAM's short term assets (CA$910.8K) do not cover its long term liabilities (CA$10.0M).
Debt to Equity History and Analysis
Debt Level: LAM's debt to equity ratio (13.6%) is considered satisfactory.
Reducing Debt: LAM's debt to equity ratio has increased from 6.9% to 13.6% over the past 5 years.
Inventory Level: LAM has a high level of physical assets or inventory.
Debt Coverage by Assets: LAM's debt is not covered by short term assets (assets are 0.1x debt).
Cash Runway Analysis
For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: LAM has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: LAM has less than a year of cash runway if free cash flow continues to reduce at historical rates of -10.2% each year
What is Laramide Resources's current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate LAM's dividend yield against the bottom 25% of dividend payers, as the company has not reported any payouts.
High Dividend: Unable to evaluate LAM's dividend yield against the top 25% of dividend payers, as the company has not reported any payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if LAM's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if LAM's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of LAM's dividend in 3 years as they are not forecast to pay a notable one for the Australian market.
How experienced are the management team and are they aligned to shareholders interests?
Average board tenure
Marc Henderson (59yo)
Mr. Marc Charles Henderson, BA Economics, CFA, has been the President and Chief Executive Officer of Laramide Resources Ltd. since 1995. He serves as the Chief Executive Officer and President of Absolut Re ...
CEO Compensation Analysis
Compensation vs Market: Marc's total compensation ($USD170.28K) is below average for companies of similar size in the Australian market ($USD251.50K).
Compensation vs Earnings: Marc's compensation has been consistent with company performance over the past year.
|Independent Director||24.7yrs||CA$24.00k||0.97% CA$367.4k|
|Member of Advisory Board||14.4yrs||no data||no data|
|Non-Executive Chairman||16.2yrs||CA$42.00k||0.93% CA$351.5k|
|Member of Advisory Board||14.4yrs||no data||no data|
|Member of the Advisory Board||14.1yrs||no data||no data|
|Independent Director||0.8yrs||no data||0.030% CA$11.4k|
Experienced Board: LAM's board of directors are seasoned and experienced ( 14.4 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 8.6%.
Laramide Resources Ltd.'s company bio, employee growth, exchange listings and data sources
- Name: Laramide Resources Ltd.
- Ticker: LAM
- Exchange: ASX
- Founded: 1980
- Industry: Coal and Consumable Fuels
- Sector: Energy
- Market Cap: CA$33.083m
- Listing Market Cap: CA$37.733m
- Shares outstanding: 165.41m
- Website: https://laramide.com
Number of Employees
- Laramide Resources Ltd.
- The Exchange Tower
- Suite 3680
- M5X 1B1
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|LAM||TSX (The Toronto Stock Exchange)||Yes||Common Shares||CA||CAD||Sep 1988|
|L4R||DB (Deutsche Boerse AG)||Yes||Common Shares||DE||EUR||Sep 1988|
|LMRX.F||OTCPK (Pink Sheets LLC)||Yes||Common Shares||US||USD||Sep 1988|
|0V3P||LSE (London Stock Exchange)||Yes||Common Shares||GB||CAD||Sep 1988|
|LAM||ASX (Australian Securities Exchange)||CDI NPV||AU||AUD||Apr 2013|
Laramide Resources Ltd. explores for and develops uranium projects in Australia and the United States. Its flagship project is the Westmoreland property located in Queensland, Australia. Laramide Resources Ltd. was incorporated in 1980 and is headquartered in Toronto, Canada.
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/02/23 10:39|
|End of Day Share Price||2019/11/26 00:00|
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.