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Alligator Energy Ltd ( (AU:AGE) ) has issued an announcement.
EnviroCopper Ltd, partially owned by Alligator Energy, has secured a $3.5 million investment from an international partner to advance feasibility studies for its in-situ recovery (ISR) copper projects in South Australia. This collaboration not only enhances the value of Alligator’s investment but also underscores the strategic importance of environmentally sustainable copper production methods. The funding and technical partnership are expected to accelerate the development of these projects, highlighting the growing international interest in sustainable mining practices.
The most recent analyst rating on (AU:AGE) stock is a Buy with a A$0.07 price target. To see the full list of analyst forecasts on Alligator Energy Ltd stock, see the AU:AGE Stock Forecast page.
More about Alligator Energy Ltd
Alligator Energy is a project development and exploration group focused on uranium and energy metals. The company has a multi-jurisdictional portfolio with pathways for approval and development. Its leadership team possesses significant experience in uranium projects, including approvals and management roles in notable uranium mines and operations.
Average Trading Volume: 18,520,062
Technical Sentiment Signal: Sell
Current Market Cap: A$106.5M
See more insights into AGE stock on TipRanks’ Stock Analysis page.