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Atha Energy Corp. ( (TSE:SASK) ) has provided an announcement.
ATHA Energy Corp. announced significant findings from its 2025 Angilak Exploration Program, including the discovery of uranium mineralization at the KU Discovery Target and the extension of mineralization at the Lac 50 Deposit. The maiden drill hole at KU intersected multiple zones of uranium, confirming the potential of the Angikuni Basin as a prospective uranium district. The Lac 50 Deposit drilling extended the mineralization down-dip, indicating further potential for expansion. These results support ATHA’s exploration thesis and position the company as a key player in the emerging uranium market, aligning with the global shift towards nuclear energy.
The most recent analyst rating on (TSE:SASK) stock is a Buy with a C$1.20 price target. To see the full list of analyst forecasts on Atha Energy Corp. stock, see the TSE:SASK Stock Forecast page.
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 due to positive corporate events, such as a significant uranium discovery and successful financing. However, challenges in achieving profitability, weak technical indicators, and an unattractive valuation weigh down the overall score. The strong balance sheet provides some stability, but operational improvements are essential for better financial health.
To see Spark’s full report on TSE:SASK stock, click here.
More about Atha Energy Corp.
ATHA Energy Corp. operates in the energy sector, focusing on uranium exploration and development. The company is engaged in the Angilak Uranium Project located in Nunavut, Canada, and is dedicated to discovering and expanding uranium mineralization within the Angikuni Basin.
Average Trading Volume: 392,720
Technical Sentiment Signal: Buy
Current Market Cap: C$185.5M
For a thorough assessment of SASK stock, go to TipRanks’ Stock Analysis page.