Energy Metals Advances NT Uranium Exploration with New Survey Plans and Strong Cash Position

Energy Metals Ltd ( (AU:EME) ) has issued an update.

In the December 2025 quarter, Energy Metals advanced exploration at its Ngalia Regional Project in the Northern Territory, completing a targeting exercise for exploration licence EL24451 and designing a geophysical survey scheduled for execution in the first quarter of 2026, while also progressing chemical assays and automated mineralogy on drilling samples from the Walbiri South and Penrynth prospects. The company also continued stakeholder engagement through a liaison meeting with native title holders at the Bigrlyi site and reported a cash balance of approximately $8.3 million with 209.7 million shares on issue at 31 December 2025, underscoring its capacity to fund ongoing exploration and maintain its position in the emerging uranium sector.

The most recent analyst rating on (AU:EME) stock is a Hold with a A$0.12 price target. To see the full list of analyst forecasts on Energy Metals Ltd stock, see the AU:EME Stock Forecast page.

More about Energy Metals Ltd

Energy Metals Ltd is a dedicated uranium exploration company with eight projects across Australia’s Northern Territory and Western Australia, covering about 2,440 square kilometres and hosting uranium and associated vanadium mineralisation first outlined by major miners in the 1970s. Its portfolio includes the advanced Bigrlyi Project in the Northern Territory, and the company is strategically positioned to benefit from a favourable uranium price outlook as nuclear power gains prominence in global decarbonisation efforts; its largest shareholder, with 66.45% of issued capital, is China Uranium Development Company Limited, a subsidiary of China General Nuclear Power Group, a major nuclear utility operator in China.

Average Trading Volume: 31,815

Technical Sentiment Signal: Buy

Current Market Cap: A$24.11M

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