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LTBR

Lightbridge Corporation

https://www.ltbridge.com

Industry

Electrical Equipment & Parts

Lightbridge Corporation, together with its subsidiaries, engages in the design and development of nuclear fuel technology under the Lightbridge Fuel name. It focuses on developing and commercializing metallic nuclear fuels that could enhance resistance of nuclear fuel in existing and new nuclear reactors with a meaningful impact on addressing climate change and air pollution. The company was formerly known as Thorium Power, Ltd. and changed its name to Lightbridge Corporation in September 2009. Lightbridge Corporation is headquartered in Reston, Virginia.

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Shares of oil and gas stocks are trading lower despite Middle East tensions, likely due to weak US economic data impacting demand outlook.

Portfolio Pulse from Benzinga Newsdesk

August 02, 2024 | 5:50 pm

Lightbridge (NASDAQ:LTBR) reported a Q2 EPS loss of $(0.17), a 21.43% decrease from the $(0.14) loss per share in the same period last year.

Portfolio Pulse from Benzinga Newsdesk

July 31, 2024 | 9:02 pm

Lightbridge (NASDAQ:LTBR) reported a Q1 EPS loss of $(0.21), marking a 23.53% increase in losses compared to $(0.17) per share from the same period last year.

Portfolio Pulse from Benzinga Newsdesk

May 09, 2024 | 9:15 pm

Ambassador Thomas Graham, Jr. is retiring as Executive Chairman and director of Lightbridge Corporation (NASDAQ:LTBR), an advanced nuclear fuel technology company, effective at the upcoming Annual Meeting of Shareholders. He has been appointed Chairman Emeritus. Graham's distinguished career in arms control and non-proliferation, alongside his contributions to nuclear energy, have been pivotal to Lightbridge's mission. Seth Grae, President & CEO, praised Graham's legacy and looks forward to his continued guidance in his new role.

Portfolio Pulse from Benzinga Newsdesk

April 18, 2024 | 12:15 pm

Lightbridge reported a FY23 EPS of $(0.65) compared to $(0.69) YoY. Working capital slightly decreased, with a notable reduction in cash from operating activities and financing activities. Total assets slightly increased, while stockholders' equity saw a minor decrease. General and administrative expenses decreased, primarily due to lower employee compensation, offset by increased stock-based compensation. R&D expenses significantly increased, driven by development activities. Other income rose due to higher interest income, leading to a net loss of $7.9 million, slightly higher than the previous year.

Portfolio Pulse from Benzinga Newsdesk

February 28, 2024 | 9:51 pm

The article lists companies scheduled to report their earnings on February 28, 2024, including their expected earnings per share and revenue. It covers a wide range of sectors and provides a comprehensive overview of the financial performance expectations for these companies.

Portfolio Pulse from Benzinga Insights

February 28, 2024 | 11:24 am

Lightbridge CEO Seth Grae provided an update to shareholders, highlighting 2023 achievements and future milestones. Key developments include strengthening the leadership team, agreements with Centrus Energy for a pilot fuel fabrication facility in Ohio, and an engineering study for CANDU reactors with RATEN ICN. Lightbridge also announced a research study with Texas A&M University, NuScale Power, and Structural Integrity Associates, and a significant finding on plutonium disposition. The company is adopting the Technology Readiness Level (TRL) system, currently at TRL 4-5, indicating progress towards commercialization. Upcoming milestones include expanding the fuel development team, ongoing work at Idaho National Laboratory, completing the CANDU reactor study, the FEED study with Centrus, and commencing manufacturing efforts for irradiation testing. COP28 recognized nuclear energy's role in decarbonization, with a commitment to triple nuclear capacity by 2050, highlighting the demand for Lightbridge's nuclear fuel technology.

Portfolio Pulse from Benzinga Newsdesk

February 27, 2024 | 1:13 pm

Lightbridge Corporation's stock (LTBR) is trading higher following the announcement of a contract with Centrus Energy to conduct a Front-End Engineering Design (FEED) study for a new Lightbridge Pilot Fuel Fabrication Facility.

Portfolio Pulse from Benzinga Newsdesk

December 07, 2023 | 8:15 pm

Lightbridge Corporation has signed a contract with Centrus Energy Corp to conduct a Front-End Engineering Design (FEED) study for a pilot fuel fabrication facility in Piketon, Ohio. This step is crucial for Lightbridge's development of its innovative nuclear fuel technology.

Portfolio Pulse from Benzinga Newsdesk

December 07, 2023 | 11:32 am

Lightbridge (NASDAQ:LTBR) reported Q3 losses of $(0.15) per share, a 16.67% improvement from $(0.18) per share losses in the same period last year.

Portfolio Pulse from Benzinga Newsdesk

October 30, 2023 | 8:12 pm

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