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Cauldron Energy ( (AU:CXU) ) just unveiled an update.
Cauldron Energy Limited has announced a second new uranium discovery at its Yanrey project, marking a successful year of exploration with three significant finds. The latest discovery at the Cosgrove prospect, located between Bennet Well and Manyingee South, highlights the potential of the Yanrey province for further uranium mineralization. The company plans to update its Mineral Resource Estimates and continue exploration in 2026, aiming to grow its resource base and strengthen its position in the uranium industry.
The most recent analyst rating on (AU:CXU) stock is a Hold with a A$0.02 price target. To see the full list of analyst forecasts on Cauldron Energy stock, see the AU:CXU Stock Forecast page.
More about Cauldron Energy
Cauldron Energy Limited is a company operating in the uranium exploration industry, focusing on discovering and developing uranium deposits. The company is actively engaged in exploration projects, particularly in the Yanrey province, aiming to expand its mineral resource inventory and establish itself as a significant player in the uranium market.
YTD Price Performance: 81.82%
Average Trading Volume: 4,773,410
Technical Sentiment Signal: Hold
Current Market Cap: A$35.9M
See more data about CXU stock on TipRanks’ Stock Analysis page.