Skyharbour Resources Ltd.
Uranium Juniors to Gain Spotlight Amidst AI-Driven Nuclear Power Boom
Published: 7/25/2024
Author: FRC Analysts
*See important disclosures at the bottom of this reportSector: Basic Materials | Industry: Other Industrial Metals & Mining
SYH.V - NEO 🔹
SYHBF - NASDAQ 🔹
Metrics | Value |
---|---|
Current Price | CAD $0.37 |
Fair Value | CAD $1.21 |
Risk | 5 |
Week Range | CAD $0.34-0.64 |
Shares O/S (M) | 183 |
Market Cap. (M) | CAD $67 |
Current Yield (%) | N/A |
P/E (forward) | N/A |
P/B | 1.98 |
Since our previous report in December 2023, SYH has staked five additional uranium properties, expanding its portfolio to 29 properties covering 587k hectares (previously 518k ha). SYH owns one of the largest portfolios among uranium juniors in the Athabasca Basin.
SYH has also completed drill programs at its two core projects - Moore and Russell Lake. All seven holes drilled at the Main Maverick zone of its 100%-owned Moore uranium project intersected uranium mineralization at shallow depths, including a few high-grade intercepts such as 3 m of 7.3% U3O8, and 1 m of 10.19%. Management is planning a follow-up drill program before completing a maiden resource estimate, possibly by 2025.
Metrics | Value |
---|---|
Current Price | CAD $0.37 |
Fair Value | CAD $1.21 |
Risk | 5 |
Week Range | CAD $0.34-0.64 |
Shares O/S (M) | 183 |
Market Cap. (M) | CAD $67 |
Current Yield (%) | N/A |
P/E (forward) | N/A |
P/B | 1.98 |