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Laramide Resources

TSX:LAM
Snowflake Description

Overvalued with worrying balance sheet.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
LAM
TSX
CA$27M
Market Cap
  1. Home
  2. CA
  3. Energy
Company description

Laramide Resources Ltd. explores for and develops uranium projects in Australia and the United States. The last earnings update was 135 days ago. More info.


Add to Portfolio Compare Print
  • Laramide Resources has significant price volatility in the past 3 months.
LAM Share Price and Events
7 Day Returns
68.2%
TSX:LAM
15.2%
CA Oil and Gas
11.4%
CA Market
1 Year Returns
-45.6%
TSX:LAM
-41.5%
CA Oil and Gas
-22%
CA Market
LAM Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Laramide Resources (LAM) 68.2% -5.1% -7.5% -45.6% -69.2% -19.6%
CA Oil and Gas 15.2% -37.6% -42.4% -41.5% -49.8% -53.6%
CA Market 11.4% -22.2% -23.5% -22% -19.8% -13.3%
1 Year Return vs Industry and Market
  • LAM underperformed the Oil and Gas industry which returned -41.5% over the past year.
  • LAM underperformed the Market in Canada which returned -22% over the past year.
Price Volatility
LAM
Industry
5yr Volatility vs Market

LAM 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 CA$0.185.
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
TSX:LAM PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2019-09-30) in CAD CA$-0.02
TSX:LAM Share Price ** TSX (2020-03-27) in CAD CA$0.19
Canada Oil and Gas Industry PE Ratio Median Figure of 55 Publicly-Listed Oil and Gas Companies 6.35x
Canada Market PE Ratio Median Figure of 499 Publicly-Listed Companies 10.74x

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

** Primary Listing of Laramide Resources.

TSX:LAM PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

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

= 0.19 ÷ -0.02

-11.75x

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 CA Oil and Gas industry average.
  • Laramide Resources is loss making, we can't compare the value of its earnings to the Canada market.
Price based on expected Growth
Does Laramide Resources's expected growth come at a high price?
Raw Data
TSX:LAM PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section -11.75x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 0 Analysts
Not available
Canada Oil and Gas Industry PEG Ratio Median Figure of 29 Publicly-Listed Oil and Gas Companies -0.04x
Canada Market PEG Ratio Median Figure of 234 Publicly-Listed Companies 0.69x

*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
TSX:LAM PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2019-09-30) in CAD CA$0.50
TSX:LAM Share Price * TSX (2020-03-27) in CAD CA$0.19
Canada Oil and Gas Industry PB Ratio Median Figure of 198 Publicly-Listed Oil and Gas Companies 0.38x
Canada Market PB Ratio Median Figure of 2,352 Publicly-Listed Companies 1x
TSX:LAM PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

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

= 0.19 ÷ 0.50

0.37x

* 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 CA 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.

LAM 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
-3.9%
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 Canada market average as no estimate data is available.
  • Unable to compare Laramide Resources's revenue growth to the Canada market average as no estimate data is available.
Annual Growth Rates Comparison
Raw Data
TSX:LAM Future Growth Rates Data Sources
Data Point Source Value (per year)
Canada Oil and Gas Industry Earnings Growth Rate Market Cap Weighted Average -3.9%
Canada Oil and Gas Industry Revenue Growth Rate Market Cap Weighted Average 1%
Canada Market Earnings Growth Rate Market Cap Weighted Average 7.7%
Canada Market Revenue Growth Rate Market Cap Weighted Average 3.9%

*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
TSX:LAM Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (5 months 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.
TSX:LAM Future Estimates Data
Date (Data in CAD Millions) Revenue Cash Flow Net Income * Avg. No. Analysts
2020-03-28
TSX:LAM Past Financials Data
Date (Data in CAD Millions) Revenue Cash Flow Net Income *
2019-09-30 -3 -2
2019-06-30 -3 -4
2019-03-31 -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

*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
TSX:LAM Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (5 months 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 5 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

TSX:LAM Future Estimates Data
Date (Data in CAD Millions) EPS * EPS High Estimate EPS Low Estimate Avg. No. Analysts
2020-03-28
TSX:LAM Past Financials Data
Date (Data in CAD Millions) EPS *
2019-09-30 -0.02
2019-06-30 -0.03
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

*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 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.
  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. Laramide Resources's competitive advantages and company strategy can generally be found in its financial reports archived 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 Canada market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the Canada 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.

LAM 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 CA 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 5 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

TSX:LAM Past Revenue, Cash Flow and Net Income Data
Date (Data in CAD Millions) Revenue Net Income * G+A Expenses R&D Expenses
2019-09-30 -2.07 1.73
2019-06-30 -4.04 1.60
2019-03-31 -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

*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 CA 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.

LAM 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 5 months ago.

TSX:LAM Past Debt and Equity Data
Date (Data in CAD Millions) Total Equity Total Debt Cash & Short Term Investments
2019-09-30 70.95 9.62 0.64
2019-06-30 70.60 9.21 0.06
2019-03-31 72.75 9.11 0.23
2018-12-31 72.08 11.05 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
  • Laramide Resources's level of debt (13.6%) compared to net worth is satisfactory (less than 40%).
  • The level of debt compared to net worth has increased over the past 5 years (6.9% vs 13.6% 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 10.2% 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.

LAM 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 CA$2,000 of Laramide Resources shares you are expected to receive CA$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
TSX:LAM 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
Canada Oil and Gas Industry Average Dividend Yield Market Cap Weighted Average of 37 Stocks 8%
Canada Market Average Dividend Yield Market Cap Weighted Average of 327 Stocks 4.7%
Canada Minimum Threshold Dividend Yield 10th Percentile 1.3%
Canada Bottom 25% Dividend Yield 25th Percentile 2.7%
Canada Top 25% Dividend Yield 75th Percentile 8.5%

Industry and Market average data is calculated daily.

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

TSX:LAM Future Dividends Estimate Data
Date (Data in CA$) Dividend per Share (annual) Avg. No. Analysts
2020-03-28

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 1.3%) - 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.

LAM 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$225,000
AGE 59
TENURE AS CEO 24.8 years
CEO Bio

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 Resources Inc. Mr. Henderson serves as an Interim Chairman at Cypherpunk Holdings Inc. since May 05, 2017 and served as its Interim Chief Executive Officer and President since May 05, 2017 until November 2019. 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 of Cypherpunk Holdings Inc. since July 18, 2017. He served as an Independent Director at Cypherpunk Holdings Inc. since June 21, 2010 until May 5, 2017. He has been a Director at Orvana Minerals Asturias Corp. since January 12, 1995. 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 been consistent with company performance over the past year, both up more than 20%.
  • Marc's remuneration is about average for companies of similar size in Canada.
Management Team

Marc Henderson

TITLE
President
COMPENSATION
CA$225K
AGE
59
TENURE
24.8 yrs

Dennis Gibson

TITLE
Chief Financial Officer
COMPENSATION
CA$100K
AGE
70
TENURE
13.9 yrs

Chris Irwin

TITLE
Company Secretary
AGE
45
Board of Directors Tenure

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

14.5
Average Tenure
58.5
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$42K
AGE
53
TENURE
16.3 yrs

Marc Henderson

TITLE
President
COMPENSATION
CA$225K
AGE
59
TENURE
24.8 yrs

D. Patterson

TITLE
Independent Director
COMPENSATION
CA$24K
AGE
58
TENURE
24.8 yrs

Michael Connor

TITLE
Member of Advisory Board
TENURE
14.5 yrs

John Cook

TITLE
Member of Advisory Board
AGE
79
TENURE
14.5 yrs

J. Ward

TITLE
Member of the Advisory Board
TENURE
14.2 yrs

Raffi Babikian

TITLE
Independent Director
TENURE
0.9 yrs
Who owns this company?
Recent Insider Trading
  • More shares have been bought than sold by Laramide Resources individual insiders in the past 3 months.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price (CA$) Value (CA$)
17. Jan 20 Buy Marc Henderson Individual 16. Jan 20 16. Jan 20 1,450,000 CA$0.20 CA$290,001
16. Jan 20 Buy John Booth Individual 16. Jan 20 16. Jan 20 75,000 CA$0.18 CA$13,489
16. Jan 20 Buy D. Patterson Individual 16. Jan 20 16. Jan 20 250,000 CA$0.18 CA$44,964
16. Oct 19 Buy Marc Henderson Individual 15. Oct 19 16. Oct 19 60,000 CA$0.21 CA$12,371
25. Aug 19 Buy Marc Henderson Individual 21. Aug 19 21. Aug 19 400,000 CA$0.25 CA$100,000
23. Aug 19 Buy Greg Ferron Individual 21. Aug 19 21. Aug 19 24,000 CA$0.25 CA$6,000
23. Aug 19 Buy John Booth Individual 21. Aug 19 21. Aug 19 150,000 CA$0.25 CA$37,500
23. Aug 19 Buy Marc Henderson Individual 21. Aug 19 21. Aug 19 400,000 CA$0.25 CA$100,000
22. Jul 19 Buy Marc Henderson Individual 22. Jul 19 22. Jul 19 40,000 CA$0.24 CA$9,600
07. May 19 Buy Raffi Babikian Individual 06. May 19 06. May 19 50,000 CA$0.38 CA$18,875
15. Apr 19 Buy Marc Henderson Individual 12. Apr 19 15. Apr 19 50,000 CA$0.42 CA$20,790
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.

LAM News

Simply Wall St News

Here's Why Laramide Resources (TSE:LAM) Might Be Better Off Without Debt

Debt assists a business until the business has trouble paying it off, either with new capital or with free cash flow. … TSX:LAM Historical Debt, July 9th 2019 How Strong Is Laramide Resources's Balance Sheet? … Either way, since Laramide Resources does have more debt than cash, it's worth keeping an eye on its balance sheet.

Simply Wall St -

Does The Laramide Resources Ltd. (TSE:LAM) Share Price Tend To Follow The Market?

(TSE:LAM), then you might want to consider its beta (a measure of share price volatility) in order to understand how the stock could impact your portfolio. … Some investors use beta as a measure of how much a certain stock is impacted by market risk (volatility). … What this means for you: Beta only tells us that the Laramide Resources share price is sensitive to broader market movements.

Simply Wall St -

Those Who Purchased Laramide Resources (TSE:LAM) Shares Five Years Ago Have A 28% Loss To Show For It

Laramide Resources didn't have any revenue in the last year, so it's fair to say it doesn't yet have a proven product (or at least not one people are paying for). … Our data indicates that Laramide Resources had net debt of CA$18,137,004 when it last reported in December 2018. … But with the share price diving 6.4% per year, over 5 years, it's probably fair to say that some shareholders no longer believe the company will succeed.

Simply Wall St -

One Thing To Remember About The Laramide Resources Ltd. (TSE:LAM) Share Price

Modern finance theory considers volatility to be a measure of risk, and there are two main types of price volatility. … Beta can be a useful tool to understand how much a stock is influenced by market risk (volatility). … A stock with a beta greater than one is more sensitive to broader market movements than a stock with a beta of less than one.

Simply Wall St -

What Kind Of Shareholders Own Laramide Resources Ltd. (TSE:LAM)?

The big shareholder groups in Laramide Resources Ltd. … With a market capitalization of CA$52m, Laramide Resources is a small cap stock, so it might not be well known by many institutional investors. … Check out our latest analysis for Laramide Resources

Simply Wall St -

Laramide Resources Ltd (TSE:LAM): Time For A Financial Health Check

While small-cap stocks, such as Laramide Resources Ltd (TSE:LAM) with its market cap of CA$53m, are popular for their explosive growth, investors should also be aware of their balance sheet to judge whether the company can survive a downturn.

Simply Wall St -

Shareholders Should Check If Insiders Own Shares In Laramide Resources Ltd (TSE:LAM)

The big shareholder groups in Laramide Resources Ltd (TSE:LAM) have power over the company. … Laramide Resources is not a large company by global standards. … institutional investors have bought into the company

Simply Wall St -

Is It Time To Buy Laramide Resources Ltd (TSX:LAM)?

Although value investors would argue that it’s the intrinsic value relative to the price that matter the most, a more compelling investment thesis would be high growth potential at a cheap price. … Currently, LAM appears to be trading around its fair value, but given the uncertainty from negative returns in the future, this could be the right time to reduce the risk in your portfolio. … If you’ve been keeping an eye on LAM for a while, now may not be the most advantageous time to buy, given it is trading around its fair value.

Simply Wall St -

LAM 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.
LAM
Exchange: TSX
Founded: 1980
CA$27,293,092
165,412,683
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: 2020/03/28 01:14
End of day share price update: 2020/03/27 00:00
Last estimates confirmation: 2020/02/11
Last earnings filing: 2019/11/14
Last earnings reported: 2019/09/30
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.