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CanAlaska Uranium ( (TSE:CVV) ) has provided an update.
CanAlaska Uranium Ltd. has announced the commencement of their 2025 winter exploration drill program at the Cree East project, marking the first drilling activity in over a decade. The program, funded by Nexus Uranium Corp, targets multiple high-priority unconformity uranium targets based on historical data and new geophysical interpretations, potentially impacting the company’s resource development strategy and market position.
More about CanAlaska Uranium
CanAlaska Uranium Ltd. operates in the uranium exploration industry, focusing on the discovery and development of uranium deposits. The company is engaged in projects primarily located in the Athabasca Basin, a region known for high-grade uranium deposits.
YTD Price Performance: 26.76%
Average Trading Volume: 413,118
Technical Sentiment Consensus Rating: Sell
Current Market Cap: C$160.3M
For a thorough assessment of CVV stock, go to TipRanks’ Stock Analysis page.