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Lightbridge Corporation (LTBR)

NasdaqGS - NasdaqGS Real Time Price. Currency in USD
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8.26+0.89 (+12.08%)
As of 1:29PM EST. Market open.
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Neutralpattern detected
Previous Close7.37
Open7.55
Bid8.16 x 1200
Ask8.27 x 1200
Day's Range7.55 - 8.47
52 Week Range1.71 - 10.73
Volume137,893
Avg. Volume490,624
Market Cap43.947M
Beta (5Y Monthly)3.16
PE Ratio (TTM)N/A
EPS (TTM)-2.81
Earnings DateNov 05, 2020
Forward Dividend & YieldN/A (N/A)
Ex-Dividend DateN/A
1y Target EstN/A
  • Lightbridge Receives Notice of Allowance for a U.S. Patent for a Manufacturing Method of its Metallic Fuel Rods
    GlobeNewswire

    Lightbridge Receives Notice of Allowance for a U.S. Patent for a Manufacturing Method of its Metallic Fuel Rods

    RESTON, Va., Feb. 24, 2021 (GLOBE NEWSWIRE) -- Lightbridge Corporation (Nasdaq: LTBR), an advanced nuclear fuel technology company, today announced that it has received a Notice of Allowance from United States Patent and Trademark Office for U.S. Patent Application #15/900,071 covering a method for manufacturing metallic fuel rods via co-extrusion and using a powder metallurgy approach to producing a billet. Seth Grae, President and CEO of Lightbridge commented, “This Notice of Allowance from the U.S. Patent and Trademark Office further expands and strengthens our intellectual property protection in the United States, which is essential to our efforts in commercializing our technology. Given the fact that Lightbridge Fuel™ provides a 30% power uprate, which improves the operating economics of existing reactors and new SMRs, we believe our technology will be key in the U.S. meeting climate change goals and baseload energy requirements in the years and decades to come.” About Lightbridge Corporation Lightbridge (NASDAQ: LTBR) is an advanced nuclear fuel technology development company based in Reston, Virginia, United States. The Company is developing Lightbridge Fuel™, a proprietary next-generation nuclear fuel technology for current and future reactors, which significantly enhances the economics, safety, and proliferation resistance of nuclear power. Lightbridge invented, patented, and has independently validated its technology, with goals of preventing climate change and enhancing national security. The Company has assembled a world-class development team. Four large electric utilities that generate about half of America’s nuclear power advise Lightbridge on fuel development and deployment. The Company plans to operate under a licensing and royalty model and based on the increased power generated by Lightbridge-designed fuel, expects to offer high ROI for operators of existing and new reactors. For more information please visit: www.ltbridge.com. To receive Lightbridge Corporation updates via e-mail, subscribe at https://www.ltbridge.com/investors/news-events/email-alerts Lightbridge is on Twitter. Sign up to follow @LightbridgeCorp at http://twitter.com/lightbridgecorp. Forward Looking Statements With the exception of historical matters, the matters discussed in this news release are forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, including statements regarding the timing and outcome of research and development activities, other steps to commercialize Lightbridge Fuel™ and future governmental support and funding for nuclear energy. These statements are based on current expectations on the date of this news release and involve a number of risks and uncertainties that may cause actual results to differ significantly from such estimates. The risks include, but are not limited to: the Company’s ability to commercialize its nuclear fuel technology; the degree of market adoption of the Company's product and service offerings; market competition; dependence on strategic partners; demand for fuel for nuclear reactors; the Company's ability to manage its business effectively in a rapidly evolving market; changes in the political environment; risks associated with the further spread of COVID-19, including the ultimate impact of COVID-19 on people, economies, and the Company’s ability to access capital markets; the outcome of the arbitration with the Company’s former joint venture partner and dissolution of the Enfission joint venture; as well as other factors described in Lightbridge's filings with the U.S. Securities and Exchange Commission. Lightbridge does not assume any obligation to update or revise any such forward-looking statements, whether as the result of new developments or otherwise, except as required by law. Readers are cautioned not to put undue reliance on forward-looking statements. A further description of risks and uncertainties can be found in Lightbridge’s Annual Report on Form 10-K for the fiscal year ended December 31, 2019 and in its subsequent reports on Form 10-Q, including in the sections thereof captioned “Risk Factors” and “Forward-Looking Information and Factors That May Affect Future Results”, as well as in its subsequent reports on Form 8-K, all of which are filed with the U.S. Securities and Exchange Commission and available at http://www.sec.gov/ and www.ltbridge.com. Investor Relations Contact:Matthew Abenante, IRCDirector of Investor Relations Tel: +1 (646) 828-8710 ir@ltbridge.com

  • Lightbridge Applauds the American Nuclear Society’s Report: The U.S. Nuclear R&D Imperative
    GlobeNewswire

    Lightbridge Applauds the American Nuclear Society’s Report: The U.S. Nuclear R&D Imperative

    Report Outlines Recommendations to Accelerate Advanced Nuclear Technology InnovationRESTON, Va., Feb. 17, 2021 (GLOBE NEWSWIRE) -- Lightbridge Corporation (Nasdaq: LTBR), an advanced nuclear fuel technology company, congratulates the American Nuclear Society (ANS) on today’s release of The U.S. Nuclear R&D Imperative, a report from the ANS Task Force on Public Investment in Nuclear Research and Development. Lightbridge President and CEO Seth Grae serves on this task force and was a contributor to this report. As the report states, “The American Nuclear Society (ANS) commissioned a Task Force on Public Investment in Nuclear Research and Development to bring together 20 technical experts from the U.S. Department of Energy’s national laboratories, universities, private companies, utilities, suppliers, and ANS professional divisions. This group assessed the R&D needs of the U.S. nuclear energy technology sector in the 2020s and the federal investment required to meet those needs and enable a commercial scale-up of U.S. advanced nuclear energy systems starting in 2030.” The report is meant to serve as a prospectus for the nuclear policymaking community as Congress and the Biden administration consider options for expanding U.S. zero-carbon generating capacity, while preserving U.S. influence over global nuclear safety and nonproliferation norms and spurring economic growth through high-wage jobs in the nuclear sector. “Today’s ANS task force report comes at a propitious time for advanced nuclear technology to gain federal government leadership and support,” said Seth Grae, President and CEO of Lightbridge. “The facts regarding nuclear power are clear; it is an essential form of clean energy, creating high-paying, long-lasting jobs. We have only scratched the surface of the potential opportunities for advanced nuclear technology to meaningfully contribute to solving climate change. As part of this esteemed task force, I had the privilege of sharing my thoughts on matters related to advanced nuclear fuel, high-assay-low-enriched uranium (HALEU), and small modular reactors (SMRs).” Click here to view the report: www.ans.org/rnd21 About Lightbridge Corporation Lightbridge (NASDAQ: LTBR) is an advanced nuclear fuel technology development company based in Reston, Virginia, United States. The Company is developing Lightbridge Fuel™, a proprietary next-generation nuclear fuel technology for current and future reactors, which significantly enhances the economics, safety, and proliferation resistance of nuclear power. Lightbridge invented, patented, and has independently validated its technology, with goals of preventing climate change and enhancing national security. The Company has assembled a world-class development team. Four large electric utilities that generate about half of America’s nuclear power advise Lightbridge on fuel development and deployment. The Company plans to operate under a licensing and royalty model and based on the increased power generated by Lightbridge-designed fuel, expects to offer high ROI for operators of existing and new reactors. For more information please visit: www.ltbridge.com. To receive Lightbridge Corporation updates via e-mail, subscribe at https://www.ltbridge.com/investors/news-events/email-alerts Lightbridge is on Twitter. Sign up to follow @LightbridgeCorp at http://twitter.com/lightbridgecorp. Forward Looking Statements With the exception of historical matters, the matters discussed in this news release are forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, including statements regarding the timing and outcome of research and development activities, other steps to commercialize Lightbridge Fuel™ and future governmental support and funding for nuclear energy. These statements are based on current expectations on the date of this news release and involve a number of risks and uncertainties that may cause actual results to differ significantly from such estimates. The risks include, but are not limited to: the Company’s ability to commercialize its nuclear fuel technology; the degree of market adoption of the Company's product and service offerings; market competition; dependence on strategic partners; demand for fuel for nuclear reactors; the Company's ability to manage its business effectively in a rapidly evolving market; changes in the political environment; risks associated with the further spread of COVID-19, including the ultimate impact of COVID-19 on people, economies, and the Company’s ability to access capital markets; the outcome of the arbitration with the Company’s former joint venture partner and dissolution of the Enfission joint venture; as well as other factors described in Lightbridge's filings with the U.S. Securities and Exchange Commission. Lightbridge does not assume any obligation to update or revise any such forward-looking statements, whether as the result of new developments or otherwise, except as required by law. Readers are cautioned not to put undue reliance on forward-looking statements. A further description of risks and uncertainties can be found in Lightbridge’s Annual Report on Form 10-K for the fiscal year ended December 31, 2019 and in its subsequent reports on Form 10-Q, including in the sections thereof captioned “Risk Factors” and “Forward-Looking Information and Factors That May Affect Future Results”, as well as in its subsequent reports on Form 8-K, all of which are filed with the U.S. Securities and Exchange Commission and available at http://www.sec.gov/ and www.ltbridge.com. Investor Relations Contact:Matthew Abenante, IRCDirector of Investor Relations Tel: +1 (646) 828-8710 ir@ltbridge.com

  • GlobeNewswire

    Lightbridge Receives Notice of Allowance on Key Patent from the Korean Intellectual Property Office

    RESTON, Va., Feb. 08, 2021 (GLOBE NEWSWIRE) -- Lightbridge Corporation (NASDAQ: LTBR), an advanced nuclear fuel technology company, today announced that it has received a Notice of Allowance from the Korean Intellectual Property Office for a new patent covering a broad scope of innovations: (1) an alternative metallic fuel rod design whereby an axial centerline of the fuel rod is offset from an axial center of mass; (2) a fuel assembly incorporating such fuel rods; (3) a metallic fuel assembly design with metallic fuel rods arranged in a mixed grid pattern; (4) various embodiments of a corner structure attached to the shroud. Seth Grae, President & Chief Executive Officer of Lightbridge Corporation, commented, "The granting of this patent further expands Lightbridge's patent portfolio and provides additional intellectual property protection for the unique features of Lightbridge Fuel™. We believe that the issuance of additional patents around the world leverages our investment and development of Lightbridge Fuel™ and expands the opportunity for Lightbridge to commercialize our advanced nuclear technology outside the U.S." About Lightbridge Corporation Lightbridge (NASDAQ: LTBR) is an advanced nuclear fuel technology development company based in Reston, Virginia, United States. The Company is developing Lightbridge Fuel™, a proprietary next-generation nuclear fuel technology for current and future reactors, which significantly enhances the economics, safety, and proliferation resistance of nuclear power. Lightbridge invented, patented, and has independently validated its technology, with goals of preventing climate change and enhancing national security. The Company has assembled a world-class development team. Four large electric utilities that generate about half of America's nuclear power advise Lightbridge on fuel development and deployment. The Company plans to operate under a licensing and royalty model and, based on the increased power generated by Lightbridge-designed fuel, expects to offer high ROI for operators of existing and new reactors. For more information, please visit www.ltbridge.com. To receive Lightbridge Corporation updates via e-mail, subscribe at https://www.ltbridge.com/investors/news-events/email-alerts Lightbridge is on Twitter. Sign up to follow @LightbridgeCorp at http://twitter.com/lightbridgecorp. Forward Looking Statements With the exception of historical matters, the matters discussed in this news release are forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, including statements regarding the timing and outcome of research and development activities, other steps to commercialize Lightbridge Fuel™ and future governmental support and funding for nuclear energy. These statements are based on current expectations on the date of this news release and involve a number of risks and uncertainties that may cause actual results to differ significantly from such estimates. The risks include, but are not limited to: the Company's ability to commercialize its nuclear fuel technology; the degree of market adoption of the Company's product and service offerings; market competition; dependence on strategic partners; demand for fuel for nuclear reactors; the Company's ability to manage its business effectively in a rapidly evolving market; changes in the political environment; risks associated with the further spread of COVID-19, including the ultimate impact of COVID-19 on people, economies, and the Company's ability to access capital markets; the outcome of the arbitration with the Company's former joint venture partner and dissolution of the Enfission joint venture; as well as other factors described in Lightbridge's filings with the U.S. Securities and Exchange Commission. Lightbridge does not assume any obligation to update or revise any such forward-looking statements, whether as the result of new developments or otherwise, except as required by law. Readers are cautioned not to put undue reliance on forward-looking statements. A further description of risks and uncertainties can be found in Lightbridge's Annual Report on Form 10-K for the fiscal year ended December 31, 2019 and in its subsequent reports on Form 10-Q, including in the sections thereof captioned "Risk Factors" and "Forward-Looking Information and Factors That May Affect Future Results", as well as in its subsequent reports on Form 8-K, all of which are filed with the U.S. Securities and Exchange Commission and available at http://www.sec.gov/ and www.ltbridge.com. Investor Relations Contact:Matthew Abenante, IRCDirector of Investor Relations Tel: +1 (646) 828-8710 ir@ltbridge.com