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Cauldron Energy ( (AU:CXU) ) has shared an update.
Cauldron Energy Limited announced the resignation of two long-term overseas directors, Ms. Judy Li and Mr. Christian Zhou, as part of a strategic move to streamline its board. This change is aimed at preparing the company for its next growth phase, which includes focusing on uranium policy advocacy in Western Australia and advancing its Yanrey Uranium Project. The company plans to strengthen its board with individuals experienced in the uranium industry or possessing skills relevant to its current development stage.
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 energy sector, primarily focusing on uranium exploration and development. The company is actively involved in advocating for uranium policy changes in Western Australia and is progressing its Yanrey Uranium Project.
YTD Price Performance: 63.64%
Average Trading Volume: 6,022,702
Technical Sentiment Signal: Hold
Current Market Cap: A$32.21M
For a thorough assessment of CXU stock, go to TipRanks’ Stock Analysis page.