Lightbridge Corp (NASDAQ: LTBR) Prices Could Soar To Much Higher Levels In Coming Months

In the last trading session, 4.96 million Lightbridge Corp (NASDAQ:LTBR) shares changed hands as the company’s beta touched 2.29. With the company’s per share price at $9.05 changed hands at $0.29 or 3.31% during last session, the market valuation stood at $142.69M. LTBR’s last price was a discount, traded about -56.91% off its 52-week high of $14.20. The share price had its 52-week low at $2.21, which suggests the last value was 75.58% up since then. When we look at Lightbridge Corp’s average trading volume, we note the 10-day average is 4.84 million shares, with the 3-month average coming to 1.77 million.

Lightbridge Corp (NASDAQ:LTBR) trade information

Instantly LTBR was in green as seen at the end of in last trading. With action 12.70%, the performance over the past five days has been green. The company’s shares are showing year-to-date upside of 91.33%, with the 5-day performance at 12.70% in the green. However, in the 30-day time frame, Lightbridge Corp (NASDAQ:LTBR) is 81.00% up. Looking at the short shares, we see there were 1.53 million shares sold at short interest cover period of 1.69 days.

Looking at the company’s year-on-year earnings, data shows that the past 5-year has an earnings growth rate of 40.19%.

LTBR Dividends

Lightbridge Corp is expected to release its next quarterly earnings report in March.

Lightbridge Corp (NASDAQ:LTBR)’s Major holders

If we look at who the major shareholders are, we find that insiders hold 13.95% of Lightbridge Corp shares while 9.26% of the shares are in the hands of institutional holders. The share float percentage for the stock currently stands at 10.76%. There are 9.26% institutions holding the Lightbridge Corp stock share, with VANGUARD GROUP INC the top institutional holder. As of 2024-06-30, the company held 4.0893% of the shares, roughly 0.55 million LTBR shares worth $1.86 million.

GEODE CAPITAL MANAGEMENT, LLC holds the second largest percentage of outstanding shares, with 1.2418% or 0.17 million shares worth $0.56 million as of 2024-06-30.

Among Mutual Funds, the top two as of Sep 30, 2024 were Vanguard Total Stock Market Index Fund and Vanguard Extended Market Index Fund . With 383.95 shares estimated at $3.47 million under it, the former controlled 2.44% of total outstanding shares. On the other hand, Vanguard Extended Market Index Fund held about 1.03% of the shares, roughly 162.22 shares worth around $1.47 million.