Lightbridge Corp. (LTBR) is an innovative nuclear fuel tech advancement business engaged in reducing carbon footprint and the production of carbon-free energy applications vital in stopping climate change. Its exclusive next-gen technology for Small Modular Reactors is Lightbridge Fuel along with light-water reactors, which augments the safety of the reactor.
The price of LTBR stock during the regular trading of March 9, 2022, was $12.4 with a considerable gain of 29.9%. At the last check if the aftermarket, the stock loses by 7.21%.
LTBR: Events and Happenings
On March 09, 2022, LTBR reported that its CEO Seth Grae’s interview on FOX News Channel’s show ‘Hannity’, was being postponed. The show is hosted by Sean Hannity. On March 04, 2022, LTBR announced the interview of its CEO was on-aired on FOX Business Network’s show ‘Cavuto: Coast to Coast’, hosted by Neil Cavuto. He discussed the current Ukrainian situation at the Zaporizhzhia Nuclear Power Plant and Chernobyl,
On February 28, 2022, LTBR updated on releasing its financials for the FY 2021 ended December 31, 2021, on March 9, 2022. The company will host a conference call on March 10, 2022. On February 25, 2022, LTBR informed the press that its CEO was interviewed by different media outlets. His schedule included
- Interview with Newsy on February 24, in light of Ukraine-Russia conflict.
- Interview with NBC News NOW on February 25 to discuss company’s policies, and
- Interview with Oliver Renick of Market on Close aired on the TD Ameritrade Network on February 25 to discuss the company’s policies.
On January 04, 2022, LTBR reported the appointment of its Vice President Dr. Aaron Totemeier to the Small Modular Reactors Working Group of the US ITA Department with immediate effect.
LTBR: Key Financials
On November 08, 2021, LTBR released its financial outcomes for the third fiscal quarter of 2021 ended September 30, 2021. Some of the important updates are as follows.
Revenue
No revenue was recorded by the company for the third fiscal quarter of 2021 as well as the same period of 2020.
EPS
Net loss per share basic and diluted in Q3 2021 was $1.91 million or $0.31 versus $3.06 million or $0.80 in the comparable quarter of 2020. The company noted a significant decline in its loss YoY.
Conclusion
LTBR stock is 106% up the past half-year. The recent drop in the stock price after hours is likely the impact of the postponement of the company’s CEO’s interview with FOX News Channel. The company’s stock is well-positioned to attract huge investment.
