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Alligator Energy Ltd ( (AU:AGE) ) has issued an announcement.
Alligator Energy has completed construction of its pilot plant at the Samphire uranium project on time and under budget and is moving into final commissioning, with field recovery trials scheduled to start in early 2026. The company has also agreed to divest non-core tenements in the Northern Territory for $7.5 million, improving liquidity and sharpening its focus on South Australian assets, while potentially retaining exposure through partial consideration in DevEx Resources shares. Together with an enhanced board and a strong cash position of $20.6 million, these steps position Alligator for value-defining milestones over the next year, including field recovery trial results, drilling at Big Lake, resource growth work, and feasibility studies as it seeks to establish itself as Australia’s next uranium producer.
The most recent analyst rating on (AU:AGE) stock is a Hold with a A$0.04 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 an Australian uranium-focused exploration and development company, advancing projects primarily in South Australia, including the Samphire and Big Lake uranium assets, with a strategy to transition from explorer to producer in the domestic uranium sector.
Average Trading Volume: 21,215,123
Technical Sentiment Signal: Buy
Current Market Cap: A$164.2M
Find detailed analytics on AGE stock on TipRanks’ Stock Analysis page.