LAM : Laramide Resources Ltd Stock Profile

Last Updated: 3/12/2024 0:47:16

Laramide Resources Ltd trades with the ticker LAM on the TSX and is in the Uranium industry.

Overview
Laramide Resources Ltd. engages in the mining, exploration, and development of uranium assets in Australia, Canada, and the United States. It holds a 100% interest in the Church rock uranium project, the Crownpoint uranium project, the La Jara Mesa Uranium project, and the La Sal Uranium project located in the United States; and the Westmoreland Uranium project and the Murphy uranium project located in Australia. The company was incorporated in 1980 and is headquartered in Toronto, Canada.
 

Looking to invest in Laramide Resources Ltd? Our analysis brings in the key facts, competitor research and valuation metrics for you to make an informed decision.

LAM.TO Stock Price and Key Stats

ETF Key Stats

Exchange: TSX

Market Cap : $187.653MM

PE Ratio:

Price: 0.8 (Updated: 3/12/2024 0:47:16)



Laramide Resources Ltd (LAM) vs Competitors in Uranium

Lets see how LAM.TO stacks up against others in the Uranium asset management industry. We have identified its main peers as:

Azarga Uranium Corp, Cameco Corporation, Denison Mines Corp, Energy Fuels Inc, Fission Uranium Corp

.

Uranium Industry Comparisons

Company Market Cap ($MM) P/E Ratio EV/EBITDA Dividend Yield
Azarga Uranium Corp (AZZ) $166.34 N/A 0.0 0.0%
Cameco Corporation (CCO) $24,157.553 67.036 31.933 0.2%
Denison Mines Corp (DML) $2,174.03 34.857 34.76 N/A%
Energy Fuels Inc (EFR) $1,341.274 9.88 -36.695 N/A%
Fission Uranium Corp (FCU) $846.091 N/A -148.884 N/A%

EV/EBITDA: Enterprise Value to Earnings Before Interest, Taxes, Depreciation, and Amortization – this ratio compares the value of a company, including debt, to the company’s cash earnings less non-cash expenses
Industry: companies that have a lot in common
Market Cap: Market Capitalization – the total value of all a corporation’s stock
N/A: Not Applicable or Not Available
P/E: Price-to-Earnings – this ratio relates a corporation’s share price to its earnings per share
Price: Stock Price – current value to buyers and sellers
Dividend Yield: Dividend or Distribution Yield  

Comparisons within Uranium

  • Laramide Resources Ltd (LAM) vs Azarga Uranium Corp (AZZ)
    • LAM has higher EPS (-0.01 vs -0.047). AZZ provides dividends, while LAM does not. AZZ and LAM both have P/E’s under 0.
  • Laramide Resources Ltd (LAM) vs Cameco Corporation (CCO)
    • CCO has higher EPS (0.83 vs -0.01). CCO provides dividends, while LAM does not. LAM has a P/E under 0, indicating CCO (P/E 67.036) is in a better position.
  • Laramide Resources Ltd (LAM) vs Denison Mines Corp (DML)
    • DML has higher EPS (0.07 vs -0.01). LAM has a P/E under 0, indicating DML (P/E 34.857) is in a better position.
  • Laramide Resources Ltd (LAM) vs Energy Fuels Inc (EFR)
    • EFR has higher EPS (0.83 vs -0.01). LAM has a P/E under 0, indicating EFR (P/E 9.88) is in a better position.
  • Laramide Resources Ltd (LAM) vs Fission Uranium Corp (FCU)
    • FCU has higher EPS (-0.01 vs -0.01). FCU and LAM both have P/E’s under 0.

Our Recommendation: Hold
Features a lower EV/EBITDA ratio (-78.38) than the industry average (-56.27), indicating attractive valuation.
 

How to Buy LAM stock on the TSX

You can buy on pretty much any online brokerage in Canada, since it trades on the TSX. If you are looking for some easy options take a look at these two:

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Author Bio - Qayyum Rajan is a CFA Charterholder with 10+ years of finance experience and the co-creator of Wealthawesome.com. He has previously worked as a portfolio manager at RBC Dominion Securities and other roles at asset managers like Sentry Investments. He then started building websites and fintech apps to bring finance to everyone.

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