GoviEx Uranium ( (TSE:GXU) ) has shared an announcement.
GoviEx Uranium has filed a Feasibility Study for its Muntanga Uranium Project in Zambia, marking a significant milestone for the company. The study highlights solid project economics with an after-tax NPV of USD 243 million and an IRR of 20.8%, alongside low technical risk and cost-efficient operations. The project is expected to produce an average of 2.2 million pounds of U3O8 annually over 12 years, with rapid payback and quick startup, potentially strengthening GoviEx’s position in the uranium market.
More about GoviEx Uranium
GoviEx Uranium Inc. is a company operating in the uranium mining industry, focusing on the development of uranium projects. Its primary product is uranium, and the company is strategically positioned to address the growing supply deficit in the nuclear fuel market.
YTD Price Performance: -22.22%
Average Trading Volume: 1,676,873
Technical Sentiment Consensus Rating: Buy
Current Market Cap: C$28.44M
See more insights into GXU stock on TipRanks’ Stock Analysis page.