ATHA Energy Advances 2025 Exploration at Angilak Uranium Project

Atha Energy Corp. ( (TSE:SASK) ) just unveiled an update.

ATHA Energy Corp. has completed mobilization for its 2025 exploration program at the Angilak Uranium Project in Nunavut, Canada. The company has initiated ground gravity and electromagnetic surveys along the 31 km Rib-Nine Iron Trend, aiming to identify high-priority targets for drilling. This exploration effort is part of ATHA’s strategy to expand its uranium resource base and enhance its position in the global uranium market. The company’s CEO, Troy Boisjoli, emphasized the potential of the Angilak Project to redefine the region’s importance in the uranium industry, while VP Exploration Cliff Revering highlighted the district-scale potential for multiple high-grade uranium deposits.

Spark’s Take on TSE:SASK Stock

According to Spark, TipRanks’ AI Analyst, TSE:SASK is a Neutral.

Atha Energy Corp. shows potential for growth with positive corporate events such as financing and a significant uranium discovery. However, profitability challenges, weak technical indicators, and an unattractive valuation weigh down the overall score. The company’s strong balance sheet provides some stability, but operational improvements are needed to enhance financial health.

To see Spark’s full report on TSE:SASK stock, click here.

More about Atha Energy Corp.

ATHA Energy Corp. is a company engaged in uranium exploration, holding the largest uranium exploration portfolio in two of the highest-grade uranium districts globally. The company focuses on discovering and developing high-grade uranium deposits.

YTD Price Performance: -36.51%

Average Trading Volume: 294,611

Technical Sentiment Signal: Buy

Current Market Cap: C$114.2M

See more data about SASK stock on TipRanks’ Stock Analysis page.