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Recharge Metals Limited ( (AU:REC) ) has shared an update.
Recharge Metals Limited has acquired 100% ownership of the Carter Uranium Project in Montana, USA, which includes two advanced, high-grade uranium properties. This acquisition positions Recharge as a significant player in a proven uranium-producing region, enhancing its resource base with substantial potential for expansion. The project features notable historical resources and offers further exploration opportunities, supported by a recent $2.5 million funding raise for exploration activities. The appointment of an experienced uranium geologist to the board underscores the company’s strategic focus on strengthening its expertise in uranium exploration.
More about Recharge Metals Limited
Recharge Metals Limited is a company operating in the energy metals sector, focusing on the acquisition and development of high-grade uranium projects. The company is actively expanding its portfolio of energy metal projects with a significant emphasis on uranium resources in the USA.
YTD Price Performance: -15.00%
Average Trading Volume: 478,541
Technical Sentiment Consensus Rating: Buy
Current Market Cap: A$4.62M
For a thorough assessment of REC stock, go to TipRanks’ Stock Analysis page.