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Cauldron Energy ( (AU:CXU) ) has issued an update.
Cauldron Energy Limited has announced further high-grade uranium mineralization at its Manyingee North prospect, part of the Yanrey Uranium Project. Recent drilling results have revealed significant uranium deposits, with mineralization extending over 800 meters in width and 700 meters along the strike. The discovery underscores the potential of the Yanrey province and enhances Cauldron’s position in the uranium market, with ongoing drilling and future exploration plans indicating promising prospects for stakeholders.
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 mining industry, focusing primarily on uranium exploration and development. The company is engaged in the Yanrey Uranium Project, which spans approximately 1,340 square kilometers in Western Australia, targeting sedimentary-hosted uranium deposits within the Yanrey Uranium Province.
YTD Price Performance: 63.64%
Average Trading Volume: 6,022,702
Technical Sentiment Signal: Hold
Current Market Cap: A$32.21M
See more data about CXU stock on TipRanks’ Stock Analysis page.