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Myriad Uranium Corp. Launches $1.5 Million Private Placement

Story Highlights
  • Myriad Uranium Corp. is a uranium exploration company with interests in projects in the USA and Canada.
  • The company announced a private placement to raise $1.5 million for exploration and working capital.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Myriad Uranium Corp. Launches $1.5 Million Private Placement

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An announcement from Myriad Uranium Corp ( (TSE:M) ) is now available.

Myriad Uranium Corp. announced a non-brokered private placement to raise up to $1.5 million through the issuance of 6,000,000 units. The proceeds will be used for exploration and general working capital, potentially enhancing the company’s operational capabilities and market positioning in the uranium exploration industry.

The most recent analyst rating on (TSE:M) stock is a Buy with a C$1.35 price target. To see the full list of analyst forecasts on Myriad Uranium Corp stock, see the TSE:M Stock Forecast page.

More about Myriad Uranium Corp

Myriad Uranium Corp. is a uranium exploration company with a significant interest in the Copper Mountain Uranium Project in Wyoming, USA, and a full interest in the Red Basin Uranium Project in New Mexico. The company also holds a 50% interest in the Millen Mountain Property in Nova Scotia, Canada.

Average Trading Volume: 84,146

Technical Sentiment Signal: Hold

Current Market Cap: C$20.11M

For a thorough assessment of M stock, go to TipRanks’ Stock Analysis page.

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