TipRanks Black Friday Sale
- Claim 60% off TipRanks Premium for the data-backed insights and research tools you need to invest with confidence.
- Subscribe to TipRanks' Smart Investor Picks and see our data in action through our high-performing model portfolio - now also 60% off
An announcement from Silex Systems Limited ( (AU:SLX) ) is now available.
Global Laser Enrichment (GLE), the exclusive licensee of Silex’s uranium enrichment technology, has successfully completed large-scale enrichment demonstration testing in North Carolina, marking a significant milestone towards commercial deployment. This advancement positions GLE as the only company operating large-scale, third-generation laser-based enrichment technology, with plans to further develop a domestic manufacturing base in the US. The project’s success could significantly impact the nuclear fuel production industry, with potential contributions to both current and future nuclear reactor fleets.
The most recent analyst rating on (AU:SLX) stock is a Hold with a A$4.00 price target. To see the full list of analyst forecasts on Silex Systems Limited stock, see the AU:SLX Stock Forecast page.
More about Silex Systems Limited
Silex Systems Limited is a technology commercialization company focused on the development of the SILEX laser enrichment technology for uranium enrichment. The company is also exploring additional commercial applications of its technology, including quantum silicon production for quantum computing and medical isotope separation.
Average Trading Volume: 1,212,393
Technical Sentiment Signal: Sell
Current Market Cap: A$1.11B
See more insights into SLX stock on TipRanks’ Stock Analysis page.