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The latest announcement is out from Cauldron Energy ( (AU:CXU) ).
Cauldron Energy has reported a highly successful 2025 drilling campaign at its Yanrey Project, with high-grade uranium mineralisation confirmed at two new prospects, Manyingee North and Cosgrove, in a market environment where the uranium spot price has surged to around US$98–100/lb and A$140/lb equivalent. Mineralisation was intersected in all 24 holes at Manyingee North, which appears larger than the existing Manyingee South deposit and remains open in all directions, with resource estimates for Manyingee North and an updated estimate for Manyingee South expected by mid to late February 2026. The Cosgrove prospect, located between Cauldron’s Bennet Well and Manyingee South deposits, has also delivered encouraging early results from wildcat drilling, with mineralisation intersected over a 350-metre width and potential to host a redox front comparable in scale to nearby deposits, underscoring the broader prospectivity of the Yanrey field as uranium demand and investor interest accelerate globally.
The most recent analyst rating on (AU:CXU) stock is a Hold with a A$0.04 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 an Australian-listed uranium exploration and development company focused on the Yanrey Project in Western Australia, where it is advancing multiple sandstone-hosted uranium deposits and prospects including Manyingee South, Manyingee North, Bennet Well and Cosgrove. The company’s activities are leveraged to a strengthening global uranium market driven by increasing demand for nuclear power as a low-carbon, baseload energy source, particularly amid growing energy requirements from AI data centres and renewed interest from institutional physical uranium funds.
Average Trading Volume: 3,865,110
Technical Sentiment Signal: Buy
Current Market Cap: A$71.29M
For an in-depth examination of CXU stock, go to TipRanks’ Overview page.