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An announcement from DevEx Resources Ltd ( (AU:DEV) ) is now available.
DevEx Resources Ltd has announced significant developments in its uranium exploration projects, particularly at the Nabarlek Project in Northern Territory, Australia. The company has identified multiple high-priority uranium targets, which could enhance its position in the resurging uranium sector. Additionally, advancements in the Kennedy Project, focusing on rare earth elements, have been highlighted, underscoring the company’s strategic focus on expanding its resource base and capitalizing on market opportunities.
The most recent analyst rating on (AU:DEV) stock is a Hold with a A$0.17 price target. To see the full list of analyst forecasts on DevEx Resources Ltd stock, see the AU:DEV Stock Forecast page.
More about DevEx Resources Ltd
DevEx Resources Ltd operates in the mining industry, focusing on the exploration and development of mineral resources. The company is involved in projects that target uranium and rare earth elements, with a particular emphasis on the Nabarlek and Kennedy projects in Australia.
YTD Price Performance: 80.85%
Average Trading Volume: 854,093
Technical Sentiment Signal: Hold
Current Market Cap: A$75.09M
For a thorough assessment of DEV stock, go to TipRanks’ Stock Analysis page.