Executive Summary
Laramide Resources Ltd. explores for and develops uranium projects in Australia, Canada, and the United States. More Details
Snowflake Analysis
Overvalued with worrying balance sheet.
Similar Companies
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 is not significantly more volatile than the rest of Canadian stocks over the past 3 months, typically moving +/- 14% a week.
Volatility Over Time: LAM's weekly volatility (14%) has been stable over the past year.
Market Performance
7 Day Return
-3.3%
LAM
3.3%
CA Oil and Gas
1.1%
CA Market
1 Year Return
112.2%
LAM
-9.6%
CA Oil and Gas
10.1%
CA Market
Return vs Industry: LAM exceeded the Canadian Oil and Gas industry which returned -12.2% over the past year.
Return vs Market: LAM exceeded the Canadian Market which returned 8.4% over the past year.
Shareholder returns
| LAM | Industry | Market | |
|---|---|---|---|
| 7 Day | -3.3% | 3.3% | 1.1% |
| 30 Day | 29.9% | 11.2% | 3.9% |
| 90 Day | 74.0% | 16.5% | 8.9% |
| 1 Year | 112.2%112.2% | -4.2%-9.6% | 14.2%10.1% |
| 3 Year | 31.8%31.8% | -0.6%-13.0% | 26.3%14.2% |
| 5 Year | 77.6%77.6% | 7.4%-11.7% | 63.3%38.6% |
Long-Term 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
9 months ago | Simply Wall St
Trade Alert: The President Of Laramide Resources Ltd. (TSE:LAM), Marc Henderson, Has Just Spent CA$905k Buying A Few More Shares10 months ago | Simply Wall St
Have Insiders Been Buying Laramide Resources Ltd. (TSE:LAM) Shares?1 year ago | Simply Wall St
Do Insiders Own Lots Of Shares In Laramide Resources Ltd. (TSE:LAM)?Valuation
Is Laramide Resources undervalued compared to its fair value and its price relative to the market?
0.94x
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 CA Oil and Gas industry average.
PE vs Market: LAM is unprofitable, so we can't compare its PE Ratio to the Canadian 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 (0.9x) compared to the CA Oil and Gas industry average (1.5x).
Next Steps
Future Growth
How is Laramide Resources forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
54.9%
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.
Next Steps
- 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.
Past Performance
How has Laramide Resources performed over the past 5 years?
15.3%
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 15.3% 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 (-38.5%).
Return on Equity
High ROE: LAM has a negative Return on Equity (-4.84%), as it is currently unprofitable.
Next Steps
Financial Health
How is Laramide Resources's financial position?
Financial Position Analysis
Short Term Liabilities: LAM's short term assets (CA$1.1M) do not cover its short term liabilities (CA$4.1M).
Long Term Liabilities: LAM's short term assets (CA$1.1M) do not cover its long term liabilities (CA$9.9M).
Debt to Equity History and Analysis
Debt Level: LAM's debt to equity ratio (9.4%) is considered satisfactory.
Reducing Debt: LAM's debt to equity ratio has increased from 7.5% to 9.4% over the past 5 years.
Balance Sheet
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 5.9% each year
Next Steps
Dividend
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 recent payouts.
High Dividend: Unable to evaluate LAM's dividend yield against the top 25% of dividend payers, as the company has not reported any recent 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 Canadian market.
Next Steps
Management
How experienced are the management team and are they aligned to shareholders interests?
15.4yrs
Average board tenure
CEO
Marc Henderson (60 yo)
25.75yrs
Tenure
CA$330,000
Compensation
Mr. Marc Charles Henderson, BA Economics, CFA, has been the President and Chief Executive Officer of Laramide Resources Ltd. since 1995. He is a senior mining executive with the helm of public mineral expl...
CEO Compensation Analysis
Compensation vs Market: Marc's total compensation ($USD262.04K) is above average for companies of similar size in the Canadian market ($USD151.87K).
Compensation vs Earnings: Marc's compensation has increased whilst the company is unprofitable.
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President | 25.75yrs | CA$330.00k | 9.21% CA$ 6.8m | |
| Independent Director | 25.67yrs | CA$64.00k | 0.97% CA$ 709.0k | |
| Member of Advisory Board | 15.42yrs | no data | no data | |
| Independent Non-Executive Chairman | 17.17yrs | CA$92.00k | 1.01% CA$ 744.4k | |
| Member of Advisory Board | 15.42yrs | no data | no data | |
| Member of the Advisory Board | 15.08yrs | no data | no data | |
| Independent Director | 1.83yrs | CA$84.64k | 0.030% CA$ 22.0k |
15.4yrs
Average Tenure
59.5yo
Average Age
Experienced Board: LAM's board of directors are seasoned and experienced ( 15.4 years average tenure).
Ownership
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: LAM insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
Ownership Breakdown
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Top Shareholders
Company Information
Laramide Resources Ltd.'s company bio, employee growth, exchange listings and data sources
Key Information
- Name: Laramide Resources Ltd.
- Ticker: LAM
- Exchange: TSX
- Founded: 1980
- Industry: Coal and Consumable Fuels
- Sector: Energy
- Market Cap: CA$73.379m
- Shares outstanding: 166.77m
- Website: https://laramide.com
Number of Employees
Location
- Laramide Resources Ltd.
- The Exchange Tower
- Suite 3680
- Toronto
- Ontario
- M5X 1B1
- Canada
Listings
| 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 |
Biography
Laramide Resources Ltd. explores for and develops uranium projects in Australia, Canada, and the United States. The company holds 100% interest in the Church Rock Uranium project, the Crownpoint Uranium pr...
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2021/02/23 23:35 |
| End of Day Share Price | 2021/02/23 00:00 |
| Earnings | 2020/09/30 |
| Annual Earnings | 2019/12/31 |
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.