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Why Atha Energy Corp. Shares Are Under Pressure

Why Atha Energy Corp. Shares Are Under Pressure

Atha Energy Corp. ( (TSE:SASK) ) is experiencing volatility. Read on for a possible explanation for the stock’s unusual movement.

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Atha Energy Corp.’s stock has been experiencing unusual movements due to mixed investor sentiment. While the company announced the start of its 2025 Angilak diamond drill exploration program, which follows a successful 2024 campaign and aims to expand promising uranium targets, concerns about profitability and weak technical indicators have clouded the outlook. Despite analysts maintaining a Buy rating with a price target of C$1.20, the market remains cautious, highlighting the need for operational improvements.

More about Atha Energy Corp.

YTD Price Performance: -21.43%

Average Trading Volume: 332,671

Technical Sentiment Signal: Hold

Current Market Cap: C$129.9M

For further insights into SASK stock on TipRanks’ Stock Analysis page.

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