Global Atomic Advances Dasa Uranium Project Amidst Positive Zinc Market Outlook

Global Atomic ( (TSE:GLO) ) has provided an update.

Global Atomic Corporation reported significant progress in the development of its Dasa Uranium Project during the third quarter of 2025, including advancements in site earthworks and plant construction. The company is actively working with a U.S. Development Bank to secure financing for the project, aiming for a year-end approval, and exploring alternative funding options. In addition, the Turkish Zinc Joint-Venture is expected to benefit from higher zinc prices and improved raw material availability, contributing to profitable operations for the remainder of the year.

The most recent analyst rating on (TSE:GLO) stock is a Hold with a C$0.50 price target. To see the full list of analyst forecasts on Global Atomic stock, see the TSE:GLO Stock Forecast page.

Spark’s Take on TSE:GLO Stock

According to Spark, TipRanks’ AI Analyst, TSE:GLO is a Neutral.

Global Atomic’s overall stock score is low due to significant financial challenges, including persistent losses and cash flow issues. The technical analysis indicates a bearish trend, and the negative P/E ratio reflects ongoing profitability concerns. Investors should be cautious given the company’s current trajectory and potential liquidity risks.

To see Spark’s full report on TSE:GLO stock, click here.

More about Global Atomic

Global Atomic Corporation operates in the mining industry, focusing on uranium and zinc production. The company is engaged in the development of the Dasa Uranium Project in Niger and manages a Turkish Zinc Joint-Venture, which processes electric arc furnace dust from steel mills.

Average Trading Volume: 2,176,285

Technical Sentiment Signal: Strong Sell

Current Market Cap: C$168.5M

See more insights into GLO stock on TipRanks’ Stock Analysis page.