Breakdown | ||||
Jun 2024 | Jun 2023 | Jun 2022 | Jun 2021 | Jun 2020 |
---|---|---|---|---|
Income Statement | Total Revenue | |||
0.00 | 0.00 | 0.00 | 0.00 | 0.00 | Gross Profit |
0.00 | 0.00 | 0.00 | 0.00 | 0.00 | EBIT |
― | -1.99M | -2.00M | -2.33M | -518.15K | EBITDA |
-4.53M | -1.18M | -2.00M | -2.33M | -518.15K | Net Income Common Stockholders |
― | -1.93M | -2.28M | -2.13M | -518.15K |
Balance Sheet | Cash, Cash Equivalents and Short-Term Investments | |||
941.20K | 28.03K | 477.35K | 1.51M | 777.07K | Total Assets |
16.04M | 18.25M | 12.40M | 7.49M | 1.35M | Total Debt |
0.00 | 0.00 | 0.00 | 0.00 | 0.00 | Net Debt |
-555.91K | -28.03K | -477.35K | -1.51M | -777.07K | Total Liabilities |
929.77K | 2.34M | 970.42K | 447.04K | 411.29K | Stockholders Equity |
15.11M | 15.91M | 11.43M | 7.04M | 934.35K |
Cash Flow | Free Cash Flow | |||
-2.50M | -7.54M | -7.92M | -6.79M | -285.08K | Operating Cash Flow |
-1.33M | -1.78M | -1.44M | -2.06M | 41.86K | Investing Cash Flow |
-617.24K | -5.81M | -6.12M | -4.73M | -326.94K | Financing Cash Flow |
2.47M | 7.14M | 6.53M | 7.52M | 778.58K |
Standard Uranium Ltd. has announced a strategic partnership with Fleet Space Technologies to enhance uranium exploration on its Davidson River Project using advanced Exosphere Multiphysics surveys. This collaboration aims to leverage Fleet Space’s real-time geophysical capabilities to accelerate the discovery of high-grade uranium deposits. The partnership will involve conducting the first Exosphere Multiphysics surveys in the southwest Athabasca Uranium District, which will integrate 3D Ambient Noise Tomography and ground gravity surveys to refine exploration targets. This initiative is expected to significantly increase the discovery potential by providing high-resolution imaging of basement structures and alteration zones, thereby derisking high-priority target areas. Additionally, the partnership includes a debt settlement agreement where Standard Uranium will issue common shares to settle a portion of its indebtedness, reflecting a shared commitment to sustainable mineral supply chain development.
Spark’s Take on TSE:STND Stock
According to Spark, TipRanks’ AI Analyst, TSE:STND is a Neutral.
Standard Uranium faces significant financial challenges with no revenue and operational losses, which are key risks. The bearish technical indicators and negative valuation metrics also weigh on the stock. However, recent corporate events, including successful fundraising and positive exploration outcomes, offer some optimism for future growth prospects.
To see Spark’s full report on TSE:STND stock, click here.
Standard Uranium Ltd. has signed a letter of intent with Vital Battery Metals Inc. to grant an option for acquiring a 75% interest in the Corvo Project in the eastern Athabasca Basin. This agreement, which involves phased cash payments, share issuances, and exploration expenditures, aims to advance uranium exploration in a region known for high-grade discoveries. The project is seen as highly prospective for shallow, high-grade uranium, with historical mineralization data supporting its potential. Additionally, the company announced the resignation of its Chief Financial Officer, Sean McGrath, with CEO Jon Bey temporarily assuming the role.
Spark’s Take on TSE:STND Stock
According to Spark, TipRanks’ AI Analyst, (TSE:STND) is a Neutral.
Standard Uranium faces significant financial challenges with no revenue and operational losses, which are key risks. The bearish technical indicators and negative valuation metrics also weigh on the stock. However, recent corporate events, including successful fundraising and positive exploration outcomes, offer some optimism for future growth prospects.
To see Spark’s full report on (TSE:STND) stock, click here.
Standard Uranium Ltd. has reported positive outcomes from recent geophysical surveys on its Eastern Athabasca Basin uranium projects, identifying high-priority exploration targets. The surveys, which include ground gravity and airborne TDEM methods, have refined the company’s exploration strategy, enhancing its potential for discovering high-grade uranium. The company has also expanded its landholdings by nearly 45,000 acres, increasing its exposure and opportunities for joint ventures in the eastern Athabasca uranium district.
Standard Uranium Ltd. has successfully closed the final tranche of its non-brokered private placement, raising a total of $917,499.92 through the issuance of NFT and FT Units. This funding will support the company’s exploration activities in the Athabasca Basin, enhancing its position in the uranium industry and potentially benefiting stakeholders through future discoveries and developments.