River & Mercantile Asset Management LLP Takes Position in Lightbridge Corp (NASDAQ:LTBR)

River & Mercantile Asset Management LLP acquired a new stake in shares of Lightbridge Corp (NASDAQ:LTBR) during the second quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund acquired 269,167 shares of the energy company’s stock, valued at approximately $179,000. River & Mercantile Asset Management LLP owned 0.71% of Lightbridge at the end of the most recent quarter.

Separately, Pensionmark Financial Group LLC lifted its holdings in Lightbridge by 100.0% during the 2nd quarter. Pensionmark Financial Group LLC now owns 60,000 shares of the energy company’s stock worth $42,000 after buying an additional 30,000 shares during the period. Institutional investors and hedge funds own 6.17% of the company’s stock.

Shares of LTBR opened at $0.61 on Friday. Lightbridge Corp has a 12 month low of $0.49 and a 12 month high of $1.12. The stock’s 50-day moving average price is $0.69 and its two-hundred day moving average price is $0.74.

Lightbridge (NASDAQ:LTBR) last posted its earnings results on Wednesday, August 7th. The energy company reported ($0.09) EPS for the quarter.

Lightbridge Profile

Lightbridge Corporation operates as a nuclear fuel technology company worldwide. It operates through two segments, Technology and Consulting. It offers all-metal fuel for operating and new build reactors; all-uranium seed and blanket fuel for existing plants and new build reactors; and thorium-based seed and blanket fuel for existing and new build reactors.

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