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Alligator Energy Ltd ( (AU:AGE) ) just unveiled an announcement.
Alligator Energy Ltd has commenced the construction of the Field Recovery Trial (FRT) for its Samphire Uranium Project near Whyalla, South Australia, with Ahrens Group leading the on-site efforts. This trial is crucial for gathering operational data to support the definitive feasibility study and de-risk future development. The company is advancing its project in parallel with mining lease approvals, positioning itself strategically in a strengthening global uranium market. The progress underscores Alligator’s commitment to becoming a key player in Australia’s uranium sector, aligning with the increasing demand for nuclear energy.
The most recent analyst rating on (AU:AGE) stock is a Buy with a A$0.07 price target. To see the full list of analyst forecasts on Alligator Energy Ltd stock, see the AU:AGE Stock Forecast page.
More about Alligator Energy Ltd
Alligator Energy Ltd is a company operating in the uranium industry, focusing on the development and production of uranium resources. The company is actively working on the Samphire Uranium Project in South Australia, aiming to capitalize on the growing demand for nuclear energy driven by global clean energy initiatives.
Average Trading Volume: 18,844,267
Technical Sentiment Signal: Sell
Current Market Cap: A$128.7M
See more insights into AGE stock on TipRanks’ Stock Analysis page.