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Edenville Energy ( (GB:SKA) ) just unveiled an update.
Shuka Minerals Plc has received an initial $300,000 tranche from Gathoni Muchai Investments Limited for the acquisition of Leopard Exploration and Mining Limited and the Kabwe Zinc Mine in Zambia. The remaining funds required for the $1.35 million acquisition are expected to be provided by the end of November 2025, indicating a positive step towards expanding Shuka’s mining operations in Zambia.
The most recent analyst rating on (GB:SKA) stock is a Hold with a £5.50 price target. To see the full list of analyst forecasts on Edenville Energy stock, see the GB:SKA Stock Forecast page.
Spark’s Take on GB:SKA Stock
According to Spark, TipRanks’ AI Analyst, GB:SKA is a Underperform.
Edenville Energy’s stock score is primarily impacted by its poor financial performance, marked by persistent losses and negative cash flows. Technical analysis suggests a bearish trend, with some potential for short-term reversal. Valuation metrics are weak, with a negative P/E ratio and no dividend yield, further weighing down the score.
To see Spark’s full report on GB:SKA stock, click here.
More about Edenville Energy
Shuka Minerals Plc is an African-focused mine operator and developer with its primary listing on the London Stock Exchange (AIM) and a secondary listing on the AltX of the JSE.
Average Trading Volume: 305,455
Technical Sentiment Signal: Hold
Current Market Cap: £3.51M
See more data about SKA stock on TipRanks’ Stock Analysis page.