TSX:LAM

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Laramide Resources

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 +/- 10% a week.

Volatility Over Time: LAM's weekly volatility (10%) has been stable over the past year.


Market Performance


7 Day Return

19.0%

LAM

8.6%

CA Oil and Gas

2.6%

CA Market


1 Year Return

22.0%

LAM

-23.6%

CA Oil and Gas

0.5%

CA Market

Return vs Industry: LAM exceeded the Canadian Oil and Gas industry which returned -24.9% over the past year.

Return vs Market: LAM exceeded the Canadian Market which returned -0.3% over the past year.


Shareholder returns

LAMIndustryMarket
7 Day19.0%8.6%2.6%
30 Day8.7%25.4%13.3%
90 Day-10.7%2.8%6.0%
1 Year22.0%22.0%-19.3%-23.6%4.2%0.5%
3 Year-30.6%-30.6%-25.5%-34.6%13.0%2.0%
5 Year-16.7%-16.7%-8.5%-24.3%49.8%26.8%

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

Valuation

Is Laramide Resources undervalued compared to its fair value and its price relative to the market?

0.54x

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 (0.5x) compared to the CA Oil and Gas industry average (0.9x).


Next Steps

Future Growth

How is Laramide Resources forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

58.8%

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

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 (-52.6%).


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?

15.2yrs

Average board tenure


CEO

Marc Henderson (60 yo)

25.5yrs

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 serves as the Chief Executive Officer and President of Absolut Re...


CEO Compensation Analysis

Compensation vs Market: Marc's total compensation ($USD254.22K) is above average for companies of similar size in the Canadian market ($USD166.16K).

Compensation vs Earnings: Marc's compensation has increased whilst the company is unprofitable.


Board Members

NamePositionTenureCompensationOwnership
Marc Henderson
President25.5yrsCA$330.00k9.13%
CA$ 3.7m
D. Patterson
Independent Director25.42yrsCA$64.00k0.97%
CA$ 394.5k
John Cook
Member of Advisory Board15.17yrsno datano data
John Booth
Independent Non-Executive Chairman16.92yrsCA$92.00k0.93%
CA$ 377.5k
Michael Connor
Member of Advisory Board15.17yrsno datano data
J. Ward
Member of the Advisory Board14.83yrsno datano data
Raffi Babikian
Independent Director1.58yrsCA$84.64k0.030%
CA$ 12.3k

15.2yrs

Average Tenure

59.5yo

Average Age

Experienced Board: LAM's board of directors are seasoned and experienced ( 15.2 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 been diluted in the past year, with total shares outstanding growing by 16.7%.


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$40.798m
  • Shares outstanding: 166.52m
  • Website: https://laramide.com

Number of Employees


Location

  • Laramide Resources Ltd.
  • The Exchange Tower
  • Suite 3680
  • Toronto
  • Ontario
  • M5X 1B1
  • Canada

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
LAMTSX (The Toronto Stock Exchange)YesCommon SharesCACADSep 1988
L4RDB (Deutsche Boerse AG)YesCommon SharesDEEURSep 1988
LMRX.FOTCPK (Pink Sheets LLC)YesCommon SharesUSUSDSep 1988
0V3PLSE (London Stock Exchange)YesCommon SharesGBCADSep 1988
LAMASX (Australian Securities Exchange)CDI NPVAUAUDApr 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

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/11/27 23:36
End of Day Share Price2020/11/27 00:00
Earnings2020/09/30
Annual Earnings2019/12/31


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.