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Global Atomic ( (TSE:GLO) ) has shared an update.
Global Atomic reported significant progress in 2025 at its Dasa uranium project in Niger, extending the mine both vertically and laterally, advancing critical underground infrastructure, and completing most earthworks and civil construction for the processing plant using local contractors. The company’s Turkish zinc recycling joint venture delivered improved throughput and zinc concentrate sales, benefitting from firmer zinc prices to generate sufficient cash flow to retire plant debt and resume dividend payments, with continued strong performance expected in 2026. Management said its top priority for 2026 is securing full funding for Dasa—via a minority joint venture structure or development bank debt—which would allow the project to be accelerated to meet a tightening uranium market, where rising demand from new nuclear build, net‑zero targets and AI‑driven power needs is pushing spot prices above US$80 per pound and positioning Dasa to supply yellowcake by 2028 into a projected global supply deficit.
The most recent analyst rating on (TSE:GLO) stock is a Hold with a C$0.63 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 stock score is primarily influenced by its strong revenue growth and bullish technical indicators. However, profitability challenges and a negative P/E ratio weigh down the score. The lack of earnings call data and corporate events further limits the assessment.
To see Spark’s full report on TSE:GLO stock, click here.
More about Global Atomic
Global Atomic Corporation is a publicly listed company focused on high‑grade uranium mine development and zinc concentrate production. Its flagship uranium asset is the fully permitted, large, high‑grade Dasa project in Niger, while it also operates a zinc recycling joint venture in Türkiye that processes electric arc furnace dust from local steel mills into zinc concentrate for sale to smelters.
Average Trading Volume: 2,703,330
Technical Sentiment Signal: Sell
Current Market Cap: C$293.6M
For a thorough assessment of GLO stock, go to TipRanks’ Stock Analysis page.