Lightbridge Corporation (LTBR) Announces Earnings Results

Lightbridge Corporation (NASDAQ:LTBR) posted its quarterly earnings results on Tuesday. The energy company reported ($0.16) EPS for the quarter, Bloomberg Earnings reports. Lightbridge Corporation had a negative net margin of 1,303.86% and a negative return on equity of 138.73%.

Lightbridge Corporation (NASDAQ:LTBR) traded down $0.06 during trading hours on Tuesday, reaching $1.12. The company’s stock had a trading volume of 134,000 shares, compared to its average volume of 193,082. Lightbridge Corporation has a twelve month low of $0.86 and a twelve month high of $2.41.

An institutional investor recently raised its position in Lightbridge Corporation stock. Vanguard Group Inc. raised its holdings in shares of Lightbridge Corporation (NASDAQ:LTBR) by 5.0% during the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 83,505 shares of the energy company’s stock after acquiring an additional 3,963 shares during the quarter. Vanguard Group Inc. owned approximately 0.84% of Lightbridge Corporation worth $144,000 as of its most recent SEC filing. 2.08% of the stock is owned by hedge funds and other institutional investors.

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Lightbridge Corporation Company Profile

Lightbridge Corporation is a nuclear fuel technology company. The Company participates in the nuclear power industry in the United States and internationally. Its segments include nuclear fuel technology business and nuclear energy consulting business. The nuclear fuel technology business develops next generation nuclear fuel technology that increases the power output of commercial reactors; generates nuclear energy and the amount of nuclear waste on a per-megawatt-hour basis, and enhances reactor safety and the proliferation resistance of spent fuel.

Earnings History for Lightbridge Corporation (NASDAQ:LTBR)

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