The latest update is out from Refined Energy ( (TSE:RUU) ).
Refined Energy Corp has received a permit from the Saskatchewan Ministry of Environment to commence work on its Dufferin Project, which is a significant step towards advancing its uranium exploration efforts. The project, located in the Athabasca basin, is set to undergo a drill program targeting high-priority geophysical areas with potential high-grade uranium deposits. The company is committed to engaging with local communities, including the Birch Narrows Dene Nation and the Saskatchewan Métis Nation, to ensure effective communication and address any concerns. This development positions Refined Energy strategically within the uranium exploration industry, potentially enhancing its market presence and stakeholder value.
More about Refined Energy
Refined Energy Corp is a company operating in the energy sector, focusing on exploration and development projects. The company is primarily engaged in advancing uranium exploration projects, with a significant market focus on high-grade uranium deposits, particularly in the Athabasca basin.
YTD Price Performance: 215.00%
Average Trading Volume: 32,969
Technical Sentiment Consensus Rating: Sell
Current Market Cap: $11.2M
Learn more about RUU stock on TipRanks’ Stock Analysis page.