Claim 55% Off TipRanks
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks
The latest update is out from Cauldron Energy ( (AU:CXU) ).
Cauldron Energy has lifted its total uranium resource inventory at the Yanrey project to more than 55 million pounds of eU3O8 following a recent JORC resource upgrade, largely driven by the Manyingee North discovery, and is prioritising further drilling at Manyingee North and the Cosgrove prospect. The company is advancing detailed planning for its 2026 drilling campaign, including passive seismic surveys and a systematic target-ranking process, while concurrently commencing long-lead environmental studies and deepening its role in industry advocacy as it prepares for a future lifting of Western Australia’s uranium mining ban.
The most recent analyst rating on (AU:CXU) stock is a Hold with a A$0.03 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 is an Australian uranium exploration company focused on its Yanrey Uranium Project in Western Australia. The company is building a resource base at deposits including Bennet Well, Manyingee North, Manyingee South and Cosgrove, targeting growth in uranium inventory and positioning itself within the domestic uranium sector despite the current state mining ban.
YTD Price Performance: 43.48%
Average Trading Volume: 3,864,193
Technical Sentiment Signal: Buy
Current Market Cap: A$67.22M
For an in-depth examination of CXU stock, go to TipRanks’ Overview page.