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The latest update is out from Alligator Energy Ltd ( (AU:AGE) ).
Alligator Energy Ltd has reported significant progress in its Samphire Project, including receiving a Works Approval License from the EPA and updating its Blackbush JORC Mineral Resource Estimate. The company also faced delays in its Big Lake Project due to flooding but is preparing to resume activities. Corporate developments include a successful share placement and leadership changes, with Andrea Marsland-Smith set to become CEO. The uranium market saw fluctuations, with the spot price ending the quarter at US$78.50/lb.
The most recent analyst rating on (AU:AGE) stock is a Buy with a A$0.10 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 exploration and development industry. It focuses on projects in Australia, including the Samphire, Big Lake, and Alligator Rivers projects, with a market emphasis on uranium resources.
Average Trading Volume: 16,982,974
Technical Sentiment Signal: Sell
Current Market Cap: A$110.8M
For detailed information about AGE stock, go to TipRanks’ Stock Analysis page.