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Global Atomic ( (TSE:GLO) ) has provided an announcement.
Global Atomic has filed an amended Technical Report for its Dasa uranium project following a review by the Ontario Securities Commission, making changes to remove broad disclaimer language, clarify reliance on other experts, and ensure that qualified persons assume responsibility for all sections of the report. The updated filing, now available on SEDAR+ and the company’s website, is intended to enhance regulatory compliance and transparency around the Dasa project’s technical disclosure, a key asset in Global Atomic’s portfolio that underpins its growth strategy in uranium and supports its positioning as a dual uranium and zinc producer.
The most recent analyst rating on (TSE:GLO) stock is a Hold with a C$1.00 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.
The score is held back primarily by weak profitability and negative operating/free cash flow despite strong revenue growth and a low-leverage balance sheet. Technicals are supportive with price above major moving averages and positive MACD, but overbought RSI/Stoch increase near-term risk. Valuation is also a drag due to negative earnings (negative P/E) and no dividend yield data.
To see Spark’s full report on TSE:GLO stock, click here.
More about Global Atomic
Global Atomic Corporation is a publicly listed company that combines high-grade uranium mine development with cash-generating zinc concentrate production. Its Uranium Division is advancing the fully permitted, large, high-grade Dasa uranium deposit in Niger, with commissioning targeted for the second half of 2027, and has identified three additional uranium deposits in the country for potential future development. Through its Base Metals Division, Global Atomic holds a 49% interest in the Befesa Silvermet Turkey joint venture, which operates a modern plant in Türkiye that recycles electric arc furnace dust into high-grade zinc oxide concentrate sold to smelters worldwide.
Average Trading Volume: 2,847,608
Technical Sentiment Signal: Sell
Current Market Cap: C$387.4M
See more data about GLO stock on TipRanks’ Stock Analysis page.