Laramide Resources (LAM) AI Stock Analysis

• Market Cap: C$142.16M
• Dividend Yield: N/A
• Average Volume (3M): 188.02K
• Price to Earnings (P/E): ―
• Beta (1Y): 1.44
• Revenue Growth: N/A
• EPS Growth: -34.39%
• Country: CA
• Employees: 8
• Sector: Energy
• Sector Strength: 57
• Industry: Other Energy Sources
• EPS (TTM): -0.02
• Shares Outstanding: 249,405,730
• 10 Day Avg. Volume: 132,541
• 30 Day Avg. Volume: 188,024
• PEG Ratio: N/A
• Price to Book (P/B): N/A
• Price to Sales (P/S): N/A
• Price to Cash Flow (P/CF): 20.40
• P/FCF Ratio: 0.00
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: N/A
• Price Target Upside: N/A
• Rating Consensus: N/A
• Number of Analyst Covering: 0

Laramide Resources is currently facing significant financial challenges with no revenue and increasing losses. Technical analysis indicates a downward trend with limited momentum, and the valuation is adversely affected by a negative P/E ratio and lack of dividend yield. Combined, these factors contribute to a low overall stock score, reflecting the company's operational and financial inefficiencies.

Laramide Resources Business Overview & Revenue Model

Company Description

Laramide Resources Ltd. is a publicly traded company engaged primarily in the exploration and development of uranium properties. The company operates in the mining sector and focuses on advancing its portfolio of uranium projects located in Australia and the United States. Laramide aims to capitalize on the growing demand for nuclear energy by developing high-quality uranium assets that can be utilized for energy generation.

How the Company Makes Money

Laramide Resources Ltd. generates revenue through the exploration, development, and future potential sale or lease of its uranium mining properties. The company's primary revenue streams include the sale of uranium once production begins, as well as potential income from joint ventures or partnerships with other mining companies. Additionally, Laramide may earn revenue from licensing its mining technologies or from strategic transactions involving its mining assets. The company's earnings are significantly influenced by uranium market prices, regulatory environments, and the demand for nuclear energy.

Laramide Resources Financial Statement Overview

Summary

Laramide Resources is facing significant financial challenges, with no revenue generation and increasing losses impacting profitability and operational efficiency. The balance sheet shows a solid equity base but poor cash flow situation suggests potential liquidity risks.

Income Statement

The company has not generated any revenue over the analyzed periods, indicating potential challenges in its business model or market conditions. The net loss has increased significantly in the TTM compared to previous years, with negative EBIT and EBITDA margins, signaling ongoing operational difficulties and inefficiencies.

Balance Sheet

The company's balance sheet shows a moderate debt-to-equity ratio, which indicates a manageable level of leverage. However, the negative net income leads to a poor return on equity, reflecting inefficiencies in generating profits from shareholders' investments. The equity ratio remains robust, suggesting a strong equity base relative to total assets.

Cash Flow

The company exhibits negative operating and free cash flows, with a deterioration in free cash flow growth in the TTM. This indicates difficulties in generating cash from operations and could pose liquidity challenges. The operating cash flow to net income ratio is unfavorable, highlighting cash conversion issues.

Breakdown
TTM	Dec 2023	Dec 2022	Dec 2021	Dec 2020	Dec 2019
Income Statement		Total Revenue
0.00	0.00	0.00	0.00	0.00	0.00
	Gross Profit
-118.26K	-132.54K	-94.01K	-94.69K	-95.52K	-89.66K
	EBIT
-3.69M	-2.62M	-2.76M	-2.70M	-1.40M	-1.64M
	EBITDA
-4.45M	-2.75M	-2.75M	-2.69M	-1.39M	1.54M
	Net Income Common Stockholders
-5.24M	-4.68M	-615.80K	-8.87M	-5.40M	-421.99K
Balance Sheet		Cash, Cash Equivalents and Short-Term Investments
1.41M	9.63M	5.77M	8.48M	1.54M	76.80K
	Total Assets
91.62M	109.60M	99.90M	96.57M	92.18M	86.46M
	Total Debt
11.48M	4.33M	6.01M	6.82M	7.44M	10.05M
	Net Debt
10.12M	-4.73M	4.43M	-820.36K	7.35M	10.02M
	Total Liabilities
19.54M	12.96M	12.74M	17.85M	15.33M	14.84M
	Stockholders Equity
72.08M	96.64M	87.16M	78.73M	76.85M	71.62M
Cash Flow		Free Cash Flow
-10.17M	-9.79M	-6.39M	-4.17M	-2.19M	-2.98M
	Operating Cash Flow
-2.50M	-2.70M	-1.39M	-2.96M	-1.52M	-2.28M
	Investing Cash Flow
-7.94M	-3.63M	-8.57M	-356.08K	-452.49K	108.97K
	Financing Cash Flow
9.91M	13.63M	3.88M	10.87M	1.89M	816.16K

Laramide Resources Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 0.57
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Negative
• MACD: Negative
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For TSE:LAM, the sentiment is Negative. The current price of 0.57 is above the 20-day moving average (MA) of 0.56, below the 50-day MA of 0.60, and below the 200-day MA of 0.66, indicating a bearish trend. The MACD of -0.02 indicates Negative momentum. The RSI at 42.56 is Neutral, neither overbought nor oversold. The STOCH value of 73.79 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for TSE:LAM.

Laramide Resources Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
Sector *	57 Neutral	$8.34B	5.35	-5.98%	7.29%	0.20%	-69.45%
NXE	42 Neutral	$3.74B	27.25	-7.77%	―	―	―
DML	38 Underperform	$1.68B	31.54	-4.64%	―	―	―
LAM	28 Underperform	C$142.16M	―	-5.74%	―	―	-34.39%

Laramide Resources Corporate Events

Laramide Resources Unveils Promising Drilling Results at Westmoreland Project

Laramide Resources has announced promising assay results from its 2024 drilling campaign at the Westmoreland Uranium Project in Queensland, Australia. The results indicate significant uranium and gold mineralization at the Huarabagoo deposit and the potential to link the Huarabagoo and Junnagunna uranium deposits. These findings support the objectives of the 2024 drill program and are expected to contribute to an updated Mineral Resource Estimate, including a Maiden Resource Estimate for Long Pocket, to be delivered in early 2025.

Laramide Resources’ Striking Drilling Results in Australia

Laramide Resources has reported promising results from its 2024 drilling campaign at the Westmoreland Uranium Project in Queensland, Australia, indicating continuous uranium mineralization between the Huarabagoo and Junnagunna deposits. Additionally, significant gold deposits were discovered, enhancing the potential value of the exploration site. The company also secured a new exploration permit, expanding its prospective land in Northwest Queensland.

Laramide Resources Secures Exploration Deal in Kazakhstan

Laramide Resources has finalized an option agreement to explore a substantial land package in Kazakhstan’s Chu-Sarysu Basin, a region rich in uranium and copper deposits. This strategic move positions Laramide as the exclusive operator of the exploration program, aiming to uncover a viable uranium resource.

Laramide Resources Reports Promising Drilling Results

Laramide Resources has announced promising drilling results from its Westmoreland Uranium Project in Australia, indicating a potential link between the Huarabagoo and Junnagunna deposits. The results showcase continuous uranium mineralisation and significant gold findings, which could enhance the project’s economic prospects.