Energy Metals Ltd (AU:EME) has released an update.
Claim 70% Off TipRanks This Holiday Season
- Unlock hedge-fund level data and powerful investing tools for smarter, sharper decisions
- Stay ahead of the market with the latest news and analysis and maximize your portfolio's potential
Energy Metals Ltd reported ongoing preparations for their resource extension drilling program at the Bigrlyi JV Project, with developments including a field visit, camp infrastructure upgrades, safety reviews, and finalized logistics. Financially, the company is in a robust position with $12.04M in cash and a strong relationship with China Uranium Development Company, its largest shareholder, amidst a favorable uranium market with prices reaching highs not seen since 2007.
For further insights into AU:EME stock, check out TipRanks’ Stock Analysis page.