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Standard Uranium to Launch First Drill Program at Corvo After Completing Gravity Survey

Story Highlights
  • Standard Uranium will begin a fully funded maiden drill program at Corvo in February 2026, testing 8–10 shallow high-grade uranium targets.
  • Aventis-funded work includes a large ground gravity survey over 29 km of conductors and first-ever drilling of the high-grade Manhattan Showing at Corvo.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Standard Uranium to Launch First Drill Program at Corvo After Completing Gravity Survey

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Standard Uranium ( (TSE:STND) ) has provided an update.

Standard Uranium has finalized plans and is preparing to mobilize for its maiden winter drill program at the Corvo Uranium Project in the eastern Athabasca Basin, under a three-year earn-in option agreement with Aventis Energy, which can earn a 75% interest by funding C$6 million in exploration. The fully funded 2,500–3,000 metre skid-supported diamond drilling campaign, set to start in February 2026, will test 8–10 shallow high-grade basement-hosted uranium targets refined by recent geophysical work, including the first-ever drilling of the high-grade Manhattan Showing, while a newly completed high-resolution ground gravity survey over more than 29 km of conductive strike is expected to enhance target definition and underscores the project’s potential to host deposits analogous to nearby Rabbit Lake, GMZ and Ackio discoveries, potentially strengthening Standard Uranium’s exploration profile and Aventis’s asset pipeline in a key uranium district.

The most recent analyst rating on (TSE:STND) stock is a Hold with a C$0.11 price target. To see the full list of analyst forecasts on Standard Uranium stock, see the TSE:STND Stock Forecast page.

Spark’s Take on TSE:STND Stock

According to Spark, TipRanks’ AI Analyst, TSE:STND is a Neutral.

The score is primarily held back by weak financial performance: no revenue, ongoing losses, and persistent negative free cash flow that implies continued financing needs despite a debt-free balance sheet. Technicals provide some support with the stock above major moving averages and moderately positive momentum, but valuation remains challenged due to negative earnings and no dividend yield data.

To see Spark’s full report on TSE:STND stock, click here.

More about Standard Uranium

Standard Uranium Ltd. is a Canadian uranium exploration company focused on advancing high-grade, basement-hosted uranium targets in the eastern Athabasca Basin region of Saskatchewan, one of the world’s premier uranium districts. The company partners with other resource firms through earn-in option agreements to fund exploration and drilling on its projects, positioning itself as a discovery-driven player in the uranium sector.

Average Trading Volume: 120,536

Technical Sentiment Signal: Hold

Current Market Cap: C$14.09M

Find detailed analytics on STND stock on TipRanks’ Stock Analysis page.

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