First of this is not advice, just an answer to your question, do with it as you will:
When analyzing a stock that trades with low volume it's important to approach with caution due to the inherent risks associated with low liquidity.
Insider Transactions: Insiders being paid in stock options isn't inherently negative, as it can align their interests with shareholders. Keep an eye on buy sell patterns. Buying = good, Selling = bad.
Price Volatility: Low volume can lead to higher volatility. Small trades can significantly impact the stock price, which can be RISKY. Consider that many who follow this company probably own more shares than are traded in a typical day.
Financial Health of the Company: Roll up your sleeves and do some digging (Assess the company's balance sheet, income statement, and cash flow statement.) LBSR will not bode well in this department, read no revenue.
News and Developments: Watch closely for news or developments (buy the rumor sell the news some might suggest)
Volume: watch for spikes. Sell positions that are positive as the volume may support a better ROI.
Technical Analysis: In my opinion tend to be less reliable in low-volume stocks due to erratic price movements, take this with a healthy dose of salt.
What I like, insiders who are actively acquiring shares and options, what I dont like, this stock has been like a Chinese water torture, drip drip drip with no substantial activity that could drive up the price. Mining exploration is inherently risky. I've been here since LBSR was digging in Alaska and I got bored with the inactivity. I don't pay to close attention to whats going on and dable more in crypto than penny stocks. At the end of the day, dont invest more than you can afford to lose.
