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Elevate Uranium Ltd Announces Director’s Acquisition of Service Options

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Elevate Uranium Ltd Announces Director’s Acquisition of Service Options

TipRanks Cyber Monday Sale

An announcement from Elevate Uranium Ltd ( (AU:EL8) ) is now available.

Elevate Uranium Ltd announced a change in the director’s interest, with Scott Perry acquiring 695,837 service options exercisable at $0.41 per option, expiring on December 1, 2029. This acquisition, following shareholder approval, reflects a strategic move to align the director’s interests with the company’s growth objectives, potentially impacting its market positioning positively.

The most recent analyst rating on (AU:EL8) stock is a Hold with a A$0.29 price target. To see the full list of analyst forecasts on Elevate Uranium Ltd stock, see the AU:EL8 Stock Forecast page.

More about Elevate Uranium Ltd

Elevate Uranium Ltd operates in the uranium industry, focusing on the exploration and development of uranium resources. The company is involved in identifying and advancing uranium projects to meet the growing demand for nuclear energy.

Average Trading Volume: 1,494,411

Technical Sentiment Signal: Strong Sell

Current Market Cap: A$130.3M

Learn more about EL8 stock on TipRanks’ Stock Analysis page.

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