tiprankstipranks

Terra Uranium Advances Athabasca Projects Amid Financial Losses

Story Highlights
Terra Uranium Advances Athabasca Projects Amid Financial Losses

Terra Uranium Limited ( (AU:T92) ) has shared an update.

Terra Uranium Limited reported a financial loss of $696,254 for the half-year ending December 31, 2024, primarily due to new option agreements with ATHA Energy and a management contract with Axiom Exploration Services. The company is advancing its core projects in the Athabasca Basin with plans for targeted drilling in 2025, supported by advanced geophysical techniques. The collaboration with ATHA Energy aims to optimize resource utilization and expand Terra’s project portfolio, enhancing its strategic position in the uranium exploration industry.

More about Terra Uranium Limited

Terra Uranium Limited is a mineral exploration company focused on uranium deposits in the Athabasca Basin, Canada. The company holds a 100% interest in several projects in this region, known for its high-grade uranium deposits.

YTD Price Performance: -5.00%

Average Trading Volume: 149,125

Technical Sentiment Consensus Rating: Hold

See more insights into T92 stock on TipRanks’ Stock Analysis page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App