Confident Investing Starts Here:
- Easily unpack a company's performance with TipRanks' new KPI Data for smart investment decisions
- Receive undervalued, market resilient stocks right to your inbox with TipRanks' Smart Value Newsletter
An update from Okapi Resources Ltd. ( (AU:GUE) ) is now available.
Okapi Resources Ltd. announced a strategic partnership with Urenco, a global uranium enrichment company, to advance its uranium enrichment technology. Urenco will invest A$5.0 million in Ubaryon, a private Australian company owned by Okapi, over the next three years. This partnership is expected to significantly aid in the commercialization of Ubaryon’s technology, providing strategic validation and resources to de-risk the commercialization process. The investment highlights Urenco’s commitment to sustainability and enhances Okapi’s exposure to the nuclear fuel supply chain, potentially increasing Urenco’s stake in Ubaryon in the future.
More about Okapi Resources Ltd.
Okapi Resources Ltd. is involved in the uranium enrichment industry, focusing on innovative technology to enhance uranium enrichment processes. The company is strategically positioned to advance its technology with the support of global partnerships.
YTD Price Performance: 8.33%
Average Trading Volume: 577,068
Technical Sentiment Signal: Strong Buy
Current Market Cap: A$29.21M
See more data about GUE stock on TipRanks’ Stock Analysis page.
Trending Articles:
Looking for a trading platform? Check out TipRanks' Best Online Brokers , and find the ideal broker for your trades.
Report an Issue