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Laramide Resources

OTCPK:LMRX.F
Snowflake Description

Overvalued with worrying balance sheet.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
LMRX.F
OTCPK
CA$53M
Market Cap
  1. Home
  2. US
  3. Energy
Company description

Laramide Resources Ltd. explores for and develops uranium projects in Australia and the United States. The last earnings update was 5 days ago. More info.


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LMRX.F Share Price and Events
7 Day Returns
9.9%
OTCPK:LMRX.F
0.4%
US Oil and Gas
-0.7%
US Market
1 Year Returns
19.7%
OTCPK:LMRX.F
-16.7%
US Oil and Gas
3%
US Market
LMRX.F Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Laramide Resources (LMRX.F) 9.9% -0.1% 1% 19.7% 42.9% -24.1%
US Oil and Gas 0.4% -4.6% -2.2% -16.7% -0.1% -32.7%
US Market -0.7% -2% 2.4% 3% 39.2% 42%
1 Year Return vs Industry and Market
  • LMRX.F outperformed the Oil and Gas industry which returned -16.7% over the past year.
  • LMRX.F outperformed the Market in United States of America which returned 3% over the past year.
Price Volatility
LMRX.F
Industry
5yr Volatility vs Market

Value

 Is Laramide Resources undervalued based on future cash flows and its price relative to the stock market?

Value is all about what a company is worth versus what price it is available for. If you went into a grocery store and all the bananas were on sale at half price, they could be considered undervalued.
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
  • It is not possible to calculate the future cash flow value for Laramide Resources. This is due to cash flow or dividend data being unavailable. The share price is $0.2959.
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing when they are out of season, or how much your home is worth.

The amount the stock market is willing to pay for Laramide Resources's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Laramide Resources's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
OTCPK:LMRX.F PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2019-03-31) in CAD CA$-0.04
TSX:LAM Share Price ** TSX (2019-05-17) in CAD CA$0.4
United States of America Oil and Gas Industry PE Ratio Median Figure of 100 Publicly-Listed Oil and Gas Companies 12.94x
United States of America Market PE Ratio Median Figure of 3,088 Publicly-Listed Companies 17.89x

* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.

** Primary Listing of Laramide Resources.

OTCPK:LMRX.F PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= TSX:LAM Share Price ÷ EPS (both in CAD)

= 0.4 ÷ -0.04

-11.19x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Laramide Resources is loss making, we can't compare its value to the US Oil and Gas industry average.
  • Laramide Resources is loss making, we can't compare the value of its earnings to the United States of America market.
Price based on expected Growth
Does Laramide Resources's expected growth come at a high price?
Raw Data
OTCPK:LMRX.F PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section -11.19x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 0 Analysts
Not available
United States of America Oil and Gas Industry PEG Ratio Median Figure of 75 Publicly-Listed Oil and Gas Companies 0.51x
United States of America Market PEG Ratio Median Figure of 2,117 Publicly-Listed Companies 1.56x

*Line of best fit is calculated by linear regression .

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to calculate PEG ratio for Laramide Resources, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on Laramide Resources's assets?
Raw Data
OTCPK:LMRX.F PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2019-03-31) in CAD CA$0.55
TSX:LAM Share Price * TSX (2019-05-17) in CAD CA$0.4
United States of America Oil and Gas Industry PB Ratio Median Figure of 194 Publicly-Listed Oil and Gas Companies 1.05x
United States of America Market PB Ratio Median Figure of 5,195 Publicly-Listed Companies 1.83x
OTCPK:LMRX.F PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= TSX:LAM Share Price ÷ Book Value per Share (both in CAD)

= 0.4 ÷ 0.55

0.72x

* Primary Listing of Laramide Resources.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Laramide Resources is good value based on assets compared to the US Oil and Gas industry average.
X
Value checks
We assess Laramide Resources's value by looking at:
  1. Is the discounted cash flow value less than 20%, or 40% of the share price? (2 checks) ( Click here or on bar chart for details of DCF calculation. )
  2. Is the PE ratio less than the market average, and/ or less than the Oil and Gas industry average (and greater than 0)? (2 checks)
  3. Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
  4. Is the PB ratio less than the Oil and Gas industry average (and greater than 0)? (1 check)
  5. Laramide Resources has a total score of 1/6, see the detailed checks below.

    Note: We use GAAP Earnings per Share in all our calculations including PE and PEG Ratio.

    Full details on the Value part of the Simply Wall St company analysis model.

Future Performance

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

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 Simply Wall St do have past financial data. You can see them here.

Show me the analysis anyway

The future performance of a company is measured in the same way as past performance, by looking at estimated growth and how much profit it is expected to make.

Future estimates come from professional analysts. Just like forecasting the weather, they don’t always get it right!
Annual Growth Rate
12.9%
Expected Oil and Gas industry annual growth in earnings.
Earnings growth vs Low Risk Savings
Is Laramide Resources expected to grow at an attractive rate?
  • Unable to compare Laramide Resources's earnings growth to the low risk savings rate as no estimate data is available.
Growth vs Market Checks
  • Unable to compare Laramide Resources's earnings growth to the United States of America market average as no estimate data is available.
  • Unable to compare Laramide Resources's revenue growth to the United States of America market average as no estimate data is available.
Annual Growth Rates Comparison
Raw Data
OTCPK:LMRX.F Future Growth Rates Data Sources
Data Point Source Value (per year)
United States of America Oil and Gas Industry Earnings Growth Rate Market Cap Weighted Average 12.9%
United States of America Oil and Gas Industry Revenue Growth Rate Market Cap Weighted Average 4.8%
United States of America Market Earnings Growth Rate Market Cap Weighted Average 13.9%
United States of America Market Revenue Growth Rate Market Cap Weighted Average 7.3%

*Line of best fit is calculated by linear regression .

Industry and Market average data is calculated daily.

Learn more about our growth rate calculations in Simply Wall St’s analysis model.

Analysts growth expectations
Raw Data
OTCPK:LMRX.F Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (1 month ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below
All numbers in CAD Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
OTCPK:LMRX.F Future Estimates Data
Date (Data in CAD Millions) Revenue Cash Flow Net Income * Avg. No. Analysts
OTCPK:LMRX.F Past Financials Data
Date (Data in CAD Millions) Revenue Cash Flow Net Income *
2019-03-31 0 -4 -4
2018-12-31 -4 -5
2018-09-30 -3 -5
2018-06-30 -2 -3
2018-03-31 -1 -3
2017-12-31 -2 -4
2017-09-30 -2 -2
2017-06-30 -2 -2
2017-03-31 -2 -2
2016-12-31 -2 -1
2016-09-30 -2 -5
2016-06-30 -2 -5

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Unable to determine if Laramide Resources is high growth as no earnings estimate data is available.
  • Unable to determine if Laramide Resources is high growth as no revenue estimate data is available.
Past and Future Earnings per Share
The accuracy of the analysts who estimate the future performance data can be gauged below. We look back 3 years and see if they were any good at predicting what actually occurred. We also show the highest and lowest estimates looking forward to see if there is a wide range.
Raw Data
OTCPK:LMRX.F Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (1 month ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below

All data from Laramide Resources Company Filings, last reported 1 month ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

OTCPK:LMRX.F Future Estimates Data
Date (Data in CAD Millions) EPS * EPS High Estimate EPS Low Estimate Avg. No. Analysts
OTCPK:LMRX.F Past Financials Data
Date (Data in CAD Millions) EPS *
2019-03-31 -0.04
2018-12-31 -0.04
2018-09-30 -0.04
2018-06-30 -0.03
2018-03-31 -0.02
2017-12-31 -0.03
2017-09-30 -0.02
2017-06-30 -0.02
2017-03-31 -0.02
2016-12-31 -0.01
2016-09-30 -0.05
2016-06-30 -0.06

*GAAP earnings excluding extraordinary items.

Performance in 3 years
In the same way as past performance we look at the future estimated return (profit) compared to the available funds. We do this looking forward 3 years.
  • Unable to establish if Laramide Resources will efficiently use shareholders’ funds in the future without estimates of Return on Equity.

Next steps:

  1. Take a look at our analysis of LMRX.F’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.
  2. Laramide Resources's future outlook can be gauged by looking at industry trends and market size, and determining how well-positioned the company is compared to its competitors. Take a look at other high-growth Energy companies here
  3. While we do not consider unaudited financials to be a reliable enough to include in our analysis, you can access them on the OTC Markets Website. If you are looking for more of a qualitative research into the company, you can access Laramide Resources's filings and announcements here.
  4. Use fundamentals to screen for another stock to analyse from our database of over 75,000 companies worldwide
X
Future performance checks
We assess Laramide Resources's future performance by looking at:
  1. Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
  2. Is the annual earnings growth rate expected to beat the average growth rate in earnings of the United States of America market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the United States of America market? (1 check)
  4. Is the annual earnings growth rate expected to be above 20%? (1 check)
  5. Is the annual revenue growth rate expected to be above 20%? (1 check)
  6. Is the Return on Equity in 3 years expected to be over 20%? (1 check)
Some of the above checks will fail if the company is expected to be loss making in the relevant year.
Laramide Resources has a total score of 0/6, see the detailed checks below.

Note 1: We use GAAP Net Income Excluding Exceptional Items for our Earnings in all our calculations.

Full details on the Future part of the Simply Wall St company analysis model.

Past Performance

  How has Laramide Resources performed over the past 5 years?

The past performance of a company can be measured by how much growth it has experienced and how much profit it makes relative to the funds and assets it has available.
Past earnings growth
Below we compare Laramide Resources's growth in the last year to its industry (Oil and Gas).
Past Earnings growth analysis
We also check if the company has grown in the past 5 years, and whether it has maintained that growth in the year.
  • Laramide Resources does not make a profit even though their year on year earnings growth rate was positive over the past 5 years.
  • Unable to compare Laramide Resources's 1-year earnings growth to the 5-year average as it is not currently profitable.
  • Unable to compare Laramide Resources's 1-year growth to the US Oil and Gas industry average as it is not currently profitable.
Earnings and Revenue History
Laramide Resources's revenue and profit over the past 5 years is shown below, any years where they have experienced a loss will show up in red.
Raw Data

All data from Laramide Resources Company Filings, last reported 1 month ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

OTCPK:LMRX.F Past Revenue, Cash Flow and Net Income Data
Date (Data in CAD Millions) Revenue Net Income * G+A Expenses R&D Expenses
2019-03-31 -0.01 -4.46 1.38
2018-12-31 -4.65 1.61
2018-09-30 -4.93 1.69
2018-06-30 -3.09 1.93
2018-03-31 -2.62 2.05
2017-12-31 -3.81 2.01
2017-09-30 -1.87 1.95
2017-06-30 -1.93 1.75
2017-03-31 -1.53 1.47
2016-12-31 -0.86 1.43
2016-09-30 -4.94 1.34
2016-06-30 -5.09 1.32
2016-03-31 -5.17 1.31
2015-12-31 -5.41 1.26
2015-09-30 -9.54 1.41
2015-06-30 -9.53 1.56
2015-03-31 -9.75 1.77
2014-12-31 -9.89 1.83
2014-09-30 -8.08 1.36
2014-06-30 -8.08 1.24
2014-03-31 -8.15 1.19
2013-12-31 -8.25 1.26
2013-09-30 -3.27 1.84
2013-06-30 -3.09 1.99
2013-03-31 -3.46 2.14
2012-12-31 -3.72 2.16
2012-09-30 -3.10 2.09
2012-06-30 -3.30 1.97

*GAAP earnings excluding extraordinary items.

Performance last year
We want to ensure a company is making the most of what it has available. This is done by comparing the return (profit) to a company's available funds, assets and capital.
  • It is difficult to establish if Laramide Resources has efficiently used shareholders’ funds last year (Return on Equity greater than 20%) as it is loss-making.
  • It is difficult to establish if Laramide Resources has efficiently used its assets last year compared to the US Oil and Gas industry average (Return on Assets) as it is loss-making.
  • It is difficult to establish if Laramide Resources improved its use of capital last year versus 3 years ago (Return on Capital Employed) as it is currently loss-making.
X
Past performance checks
We assess Laramide Resources's performance over the past 5 years by checking for:
  1. Has earnings increased in past 5 years? (1 check)
  2. Has the earnings growth in the last year exceeded that of the Oil and Gas industry? (1 check)
  3. Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
  4. Is the Return on Equity (ROE) higher than 20%? (1 check)
  5. Is the Return on Assets (ROA) above industry average? (1 check)
  6. Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
The above checks will fail if the company has reported a loss in the most recent earnings report. Some checks require at least 3 or 5 years worth of data.
Laramide Resources has a total score of 0/6, see the detailed checks below.

Note: We use GAAP Net Income excluding extraordinary items in all our calculations.

Full details on the Past part of the Simply Wall St company analysis model.

Health

 How is Laramide Resources's financial health and their level of debt?

A company's financial position is much like your own financial position, it includes everything you own (assets) and owe (liabilities).

The boxes below represent the relative size of what makes up Laramide Resources's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • Laramide Resources's short term (1 year) commitments are greater than its holdings of cash and other short term assets.
  • Laramide Resources's long term commitments exceed its cash and other short term assets.
Balance sheet
This treemap shows a more detailed breakdown of Laramide Resources's finances. If any of them are yellow this indicates they may be out of proportion and red means they relate to one of the checks below.
Assets
Liabilities and shares
The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.
  • High level of physical assets or inventory.
  • Debt is not covered by short term assets, assets are 0.1x debt.
Historical Debt
Nearly all companies have debt. Debt in itself isn’t bad, however if the debt is too high, or the company can’t afford to pay the interest on its debts this may have impacts in the future.

The graphic below shows equity (available funds) and debt, we ideally want to see the red area (debt) decreasing.

If there is any debt we look at the companies capability to repay it, and whether the level has increased over the past 5 years.
Raw Data

All data from Laramide Resources Company Filings, last reported 1 month ago.

OTCPK:LMRX.F Past Debt and Equity Data
Date (Data in CAD Millions) Total Equity Total Debt Cash & Short Term Investments
2019-03-31 72.75 9.52 0.23
2018-12-31 72.08 11.48 1.41
2018-09-30 71.42 8.83 0.55
2018-06-30 75.66 8.70 2.53
2018-03-31 74.14 8.41 0.19
2017-12-31 71.88 9.51 2.04
2017-09-30 73.01 10.04 0.47
2017-06-30 74.39 10.03 0.13
2017-03-31 76.73 10.08 1.14
2016-12-31 69.71 3.25 2.60
2016-09-30 70.71 4.20 4.71
2016-06-30 68.57 3.80 4.75
2016-03-31 70.53 3.52 3.19
2015-12-31 71.08 3.47 2.57
2015-09-30 68.05 5.16 3.99
2015-06-30 71.00 5.16 6.33
2015-03-31 69.79 5.17 5.40
2014-12-31 65.46 5.46 4.11
2014-09-30 73.28 5.07 4.32
2014-06-30 73.92 5.03 4.68
2014-03-31 76.22 5.00 5.10
2013-12-31 70.26 5.09 4.80
2013-09-30 68.64 5.03 4.08
2013-06-30 68.94 4.80 4.16
2013-03-31 74.35 4.78 4.39
2012-12-31 75.49 4.76 7.01
2012-09-30 75.88 4.75 2.84
2012-06-30 76.68 0.00 0.34
  • Laramide Resources's level of debt (13.1%) compared to net worth is satisfactory (less than 40%).
  • The level of debt compared to net worth has increased over the past 5 years (6.6% vs 13.1% today).
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.

  • Laramide Resources has less than a year of cash runway based on current free cash flow.
  • Laramide Resources has less than a year of cash runway if free cash flow continues to grow at historical rates of 15.8% each year.
X
Financial health checks
We assess Laramide Resources's financial health by checking for:
  1. Are short term assets greater than short term liabilities? (1 check)
  2. Are short term assets greater than long term liabilities? (1 check)
  3. Has the debt to equity ratio increased in the past 5 years? (1 check)
  4. Is the debt to equity ratio over 40%? (1 check)
  5. Is the debt covered by operating cash flow? (1 check)
  6. Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check)
  7. Laramide Resources has a total score of 1/6, see the detailed checks below.
For companies that are loss making and have been so on average in the past we replace the last 2 checks with:
  1. Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
  2. Does cash and short term investments cover growing operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)


Full details on the Health part of the Simply Wall St company analysis model.

Dividends

 What is Laramide Resources's current dividend yield, its reliability and sustainability?

Dividends are regular cash payments to you from the company, similar to a bank paying you interest on a savings account.
Annual Dividend Income
Dividend payments
0%
Current annual income from Laramide Resources dividends.
If you bought $2,000 of Laramide Resources shares you are expected to receive $0 in your first year as a dividend.
Dividend Amount
Here we look how much dividend is being paid, if any. Is it above what you can get in a savings account? It is up there with the best dividend paying companies?
  • Unable to evaluate Laramide Resources's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.
  • Unable to evaluate Laramide Resources's dividend against the top 25% market benchmark as the company has not reported any payouts.
Annualized Historical and Future Dividends
It is important to see if the dividend for a company is stable, and not wildly increasing/decreasing each year. This graph shows you the historical rate to count toward your assessment of the stock.

We also check to see if the dividend has increased in the past 10 years.
Raw Data
OTCPK:LMRX.F Annualized Past and Future Dividends
Data Point Source Value
Past Annualized Dividend Yield S&P Global Market Data See Below
Past Dividends per Share Company Filings/ Annualized Dividend Payments See Below
Future Dividends per Share Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below
United States of America Oil and Gas Industry Average Dividend Yield Market Cap Weighted Average of 66 Stocks 3.7%
United States of America Market Average Dividend Yield Market Cap Weighted Average of 2000 Stocks 2.5%
United States of America Minimum Threshold Dividend Yield 10th Percentile 0.8%
United States of America Bottom 25% Dividend Yield 25th Percentile 1.4%
United States of America Top 25% Dividend Yield 75th Percentile 3.7%

Industry and Market average data is calculated daily.

Note all dividend per share amounts are annualized and not quarterly or other period.

OTCPK:LMRX.F Future Dividends Estimate Data
Date (Data in CA$) Dividend per Share (annual) Avg. No. Analysts

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to perform a dividend volatility check as Laramide Resources has not reported any payouts.
  • Unable to verify if Laramide Resources's dividend has been increasing as the company has not reported any payouts.
Current Payout to shareholders
What portion of Laramide Resources's earnings are paid to the shareholders as a dividend.
  • Unable to calculate sustainability of dividends as Laramide Resources has not reported any payouts.
Future Payout to shareholders
  • Insufficient estimate data to determine if a dividend will be paid in 3 years and that it will be sustainable.
X
Income/ dividend checks
We assess Laramide Resources's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 0.8%) - if not then the rest of the checks are ignored.
  2. Is current dividend yield above the bottom 25% of dividend payers? (1 check)
  3. Is current dividend yield above the top 25% of dividend payers? (1 check)
  4. Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
  5. If they have paid a dividend for 10 years has it increased in this time? (1 check)
  6. How sustainable is the dividend, can Laramide Resources afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Laramide Resources has a total score of 0/6, see the detailed checks below.


Full details on the Dividends part of the Simply Wall St company analysis model.

Management

 What is the CEO of Laramide Resources's salary, the management and board of directors tenure and is there insider trading?

Management is one of the most important areas of a company. We look at unreasonable CEO compensation, how long the team and board of directors have been around for and insider trading.
CEO
Marc Henderson
COMPENSATION CA$380,436
AGE 58
TENURE AS CEO 24 years
CEO Bio

Mr. Marc Charles Henderson, BA Economics, CFA, has been the President and Chief Executive Officer of Laramide Resources Ltd. since 1995. Mr. Henderson has been the Interim Chief Executive Officer at Khan Resources Inc. and Interim President since May 5, 2017. He serves as the Chief Executive Officer and President of Absolut Resources Inc. He was the Chief Executive Officer, President and Director at Aquiline Resources Inc. (until December 2009). He served as the President of a number of public companies including MineFinders Corporation, Ltd. from 1987 to 1994 and Republic Goldfields Inc. from 1988 to 1994. While at MineFinders Corporation, Ltd., he was responsible for acquiring the Dolores property. He serves as the Chairman of Treasury Metals Inc. and has been its Independent Director since August 2007. He has been a Director of Laramide Resources Ltd. since May 16, 1995. He has been a Director at Orvana Minerals Asturias Corp. since January 12, 1995. He has been a Director of Khan Resources Inc. since July 18, 2017. He served as an Independent Director at Khan Resources Inc. since June 21, 2010 until May 5, 2017. Mr. Henderson served as a Non-Executive Director at Midpoint Holdings Ltd. from April 15, 2010 to August 9, 2016. He has been a Director of Macusani Yellowcake, Inc. since April 07, 2014. He serves as a Director of Absolut Resources Inc. He served as Non-Executive Director of Lydian International Limited from December 27, 2007 to January 31, 2014. He served as a Director of Javelina Resources Ltd. since April 15, 2010. He served as a Non-Executive Director of Dawson Creek Capital Corp. He served as a Director of Kinbauri Gold Corp. from January 12, 1995 to November 2008. He served as an Independent Director of Plateau Uranium Inc. from April 07, 2014 to March 10, 2016. He has been a Chartered Financial Analyst since 1990. Mr. Henderson holds a Bachelor of Arts degree from the University of Colorado in 1981.

CEO Compensation
  • Marc's compensation has increased whilst company is loss making.
  • Marc's remuneration is lower than average for companies of similar size in United States of America.
Management Team Tenure

Average tenure and age of the Laramide Resources management team in years:

10.7
Average Tenure
51
Average Age
  • The average tenure for the Laramide Resources management team is over 5 years, this suggests they are a seasoned and experienced team.
Management Team

Marc Henderson

TITLE
President
COMPENSATION
CA$380K
AGE
58
TENURE
24 yrs

Dennis Gibson

TITLE
Chief Financial Officer
COMPENSATION
CA$169K
AGE
69
TENURE
13.1 yrs

Bryn Jones

TITLE
Chief Operating Officer
COMPENSATION
CA$290K
AGE
40
TENURE
5.1 yrs

Greg Ferron

TITLE
Vice President of Investor Relations
COMPENSATION
CA$198K
TENURE
8.3 yrs

Chris Irwin

TITLE
Company Secretary
AGE
44
Board of Directors Tenure

Average tenure and age of the Laramide Resources board of directors in years:

13.7
Average Tenure
58
Average Age
  • The average tenure for the Laramide Resources board of directors is over 10 years, this suggests they are a seasoned and experienced board.
Board of Directors

John Booth

TITLE
Non-Executive Chairman
COMPENSATION
CA$96K
AGE
52
TENURE
15.4 yrs

Marc Henderson

TITLE
President
COMPENSATION
CA$380K
AGE
58
TENURE
24 yrs

Paul Wilkens

TITLE
Director
COMPENSATION
CA$55K
AGE
70
TENURE
12.2 yrs

D. Patterson

TITLE
Director
COMPENSATION
CA$55K
AGE
57
TENURE
23.9 yrs

Michael Connor

TITLE
Member of Advisory Board
TENURE
13.7 yrs

John Cook

TITLE
Member of Advisory Board
AGE
78
TENURE
13.7 yrs

J. Ward

TITLE
Member of The Advisory Board
TENURE
13.3 yrs

Raffi Babikian

TITLE
Director
TENURE
0.1 yrs
Who owns this company?
Recent Insider Trading
  • More shares have been bought than sold by Laramide Resources insiders in the past 3 months, but not in substantial volumes.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price ($) Value ($)
07. May 19 Buy Raffi Babikian Individual 06. May 19 06. May 19 50,000 $0.28 $14,034
22. Apr 19 Buy Marc Henderson Individual 24. Dec 18 24. Dec 18 30,000 $0.27 $8,169
15. Apr 19 Buy Marc Henderson Individual 12. Apr 19 15. Apr 19 50,000 $0.31 $15,537
26. Dec 18 Buy Marc Henderson Individual 20. Dec 18 20. Dec 18 30,000 $0.27 $8,211
02. Nov 18 Sell Dennis Gibson Individual 29. Oct 18 29. Oct 18 -38,000 $0.31 $-11,868
26. Sep 18 Sell Dennis Gibson Individual 24. Sep 18 24. Sep 18 -52,200 $0.34 $-17,774
17. Sep 18 Sell Greg Ferron Individual 13. Sep 18 13. Sep 18 -125,000 $0.30 $-36,997
21. Aug 18 Buy Marc Henderson Individual 16. Aug 18 16. Aug 18 50,000 $0.21 $10,555
12. Jul 18 Buy Marc Henderson Individual 09. Jul 18 09. Jul 18 70,000 $0.20 $13,888
21. Jun 18 Buy Greg Ferron Individual 20. Jun 18 20. Jun 18 22,500 $0.23 $5,074
21. Jun 18 Buy Dennis Gibson Individual 20. Jun 18 20. Jun 18 66,666 $0.23 $15,035
21. Jun 18 Buy Dennis Gibson Individual 20. Jun 18 20. Jun 18 66,666 $0.23 $15,035
X
Management checks
We assess Laramide Resources's management by checking for:
  1. Is the CEO's compensation unreasonable compared to market cap? (1 check)
  2. Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
  3. Is the average tenure of the management team less than 2 years? (1 check)
  4. Is the average tenure of the board of directors team less than 3 years? (1 check)
  5. Laramide Resources has a total score of 0/6, this is not included on the snowflake, see the detailed checks below.


Note: We use the top 6 management executives and board members in our calculations.

Note 2: Insider trading include any internal stakeholders and these transactions .

Full details on the Management part of the Simply Wall St company analysis model.

News

Simply Wall St News

Company Info

Description

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.

Details
Name: Laramide Resources Ltd.
LMRX.F
Exchange: OTCPK
Founded: 1980
CA$39,732,926
135,387,683
Website: http://laramide.com
Address: Laramide Resources Ltd.
The Exchange Tower,
Suite 3680,
Toronto,
Ontario, M5X 1B1,
Canada
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
TSX LAM Common Shares The Toronto Stock Exchange CA CAD 13. Sep 1988
OTCPK LMRX.F Common Shares Pink Sheets LLC US USD 13. Sep 1988
DB L4R Common Shares Deutsche Boerse AG DE EUR 13. Sep 1988
LSE 0V3P Common Shares London Stock Exchange GB CAD 13. Sep 1988
ASX LAM CDI NPV Australian Securities Exchange AU AUD 30. Apr 2013
Number of employees
Current staff
Staff numbers
7
Laramide Resources employees.
Industry
Coal and Consumable Fuels
Energy
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/05/20 02:50
End of day share price update: 2019/05/17 00:00
Last estimates confirmation: 2018/04/03
Last earnings filing: 2019/05/15
Last earnings reported: 2019/03/31
Last annual earnings reported: 2018/12/31


All dates and times in UTC. All financial data provided by Standard & Poor’s Capital IQ.

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.