NEW YORK, May 07, 2025 (GLOBE NEWSWIRE) -- The Gross Law Firm issues the following notice to shareholders of enCore Energy Corp. (NASDAQ: EU). Shareholders who purchased shares of EU during the class period listed are encouraged to contact the firm regarding possible lead plaintiff appointment. Appointment as lead plaintiff is not required to partake in any recovery. CONTACT US HERE: https://securitiesclasslaw.com/securities/encore-energy-corp-loss-submission-form/?id=147128&from=3 CLASS PERIOD: March 28, 2 ...

Core Insights - Foremost Clean Energy Ltd. has successfully completed an airborne geophysical survey over the CLK Uranium Property in the Athabasca Basin, which will help identify conductive trends and structural features related to uranium mineralization [1][2] - The company anticipates receiving interpreted results from the survey in the coming weeks to delineate targets for a planned summer 2025 drill program [1][4] Company Overview - Foremost Clean Energy Ltd. is a rapidly growing North American uranium and lithium exploration company, holding an option to earn up to a 70% interest in 10 prospective uranium properties across over 330,000 acres in the Athabasca Basin [9] - The company is focused on systematic and disciplined exploration programs to make significant discoveries in collaboration with Denison Mines [9] Project Details - The CLK property consists of 2 claims covering approximately 25,753 acres (10,422 hectares) and is located about 30 km south of the northern edge of the Athabasca Basin [2] - Historical drilling at CLK has shown notable uranium mineralization, including an intersection of 8,600 ppm U at 862 meters depth in hole CLG-D1 and 510 ppm U at approximately 900 meters depth in hole CLG-D5 [8] Upcoming Activities - A 2,000-meter diamond drill program is planned for summer 2025, focusing on testing extensions of historical intersections and newly identified conductive anomalies from the recent survey [4][5] - The use of deep-penetrating geophysical methods is expected to enhance the identification of high-priority drill targets associated with significant uranium deposits [5]

Standard Uranium and Aero Energy Report New Gravity Survey Targets and Assay Results, Sun Dog Project, Northwest Athabasca Basin Additional Targets Emerging in Underexplored Rocks May 07, 2025 7:00 AM EDT | Source: Standard Uranium Ltd. Vancouver, British Columbia--(Newsfile Corp. - May 7, 2025) - Standard Uranium Ltd. (TSXV: STND) (OTCQB: STTDF) (FSE: 9SU0) ("Standard Uranium" or the "Company") is pleased to announce the completion of an extensive high-resolution ground gravity survey across three target a ...

Core Viewpoint - Energy Fuels Inc. is expected to report a significant decline in revenues and incur a loss in its first-quarter 2025 results, with a consensus revenue estimate of $15.20 million, reflecting a 40% decrease from the previous year's $25.43 million [1][2]. Financial Performance - The consensus estimate for earnings is a loss of 5 cents per share, unchanged over the past 60 days, compared to earnings of 2 cents per share in the same quarter last year [2][3]. - Energy Fuels has a trailing four-quarter negative earnings surprise of 2.22%, having beaten estimates once, missed twice, and matched once [4]. Production and Sales - The company is currently producing from three uranium mines and expects to produce between 730,000 to 1,170,000 pounds of contained uranium in 2025, with contract sales anticipated at 200,000 to 300,000 pounds [8]. - In the first quarter of 2024, Energy Fuels sold 300,000 pounds of uranium, generating $25.31 million in revenues at an average realized price of $84.38 per pound [10]. - Uranium prices have declined, averaging $66.18 per pound in the January-March 2025 period, down 30% year over year [11]. Market Context - The company has resumed ore transport from its Pinyon mine following a landmark agreement with the Navajo Nation, which is expected to positively impact production rates [9]. - The acquisition of Base Resources is expected to contribute to revenues, although recurring operating expenses and increased headcount costs may weigh on earnings [12][13]. Peer Comparison - Cameco Corporation reported a 24% year-over-year revenue increase to $550 million for the first quarter of 2025, while Centrus Energy is expected to incur a loss of 10 cents per share [14][16]. - Energy Fuels' stock has declined 23.2% over the past year, compared to a 29% decline in the industry and a 10% decline in the Zacks Basic Materials sector [18]. Valuation - Energy Fuels is trading at a forward sales multiple of 8.89, significantly higher than the industry average of 2.57, but lower than Uranium Energy's 25.6 [24][25]. - The company maintains a debt-free balance sheet and is ramping up uranium production while advancing its rare earth element capabilities [28]. Investment Outlook - Despite expected lower uranium sales and prices in the upcoming quarter, there are indications of a potential recovery in uranium prices, supported by solid demand fundamentals [31]. - Current investors may consider holding due to long-term prospects, while prospective investors might wait for a more favorable entry point given the premium valuation and anticipated losses [32].

VANCOUVER, British Columbia, May 05, 2025 (GLOBE NEWSWIRE) -- Mustang Energy Corp. (CSE: MEC, OTC: MECPF, FRA: 92T) (the “Company” or “Mustang”) is pleased to announce that it has entered into a share exchange agreement dated May 5, 2025 (the “Agreement”) with Nucleus Uranium Ltd. (“Nucleus”), an arm’s length British Columbia-based uranium company and Golden Mile Resources Corp. (the “Shareholder”), the sole shareholder of Nucleus, pursuant to which the Company will acquire all of the issued and outstanding ...

NEW YORK, May 5, 2025 /PRNewswire/ -- The Gross Law Firm issues the following notice to shareholders of enCore Energy Corp. (NASDAQ: EU).Shareholders who purchased shares of EU during the class period listed are encouraged to contact the firm regarding possible lead plaintiff appointment. Appointment as lead plaintiff is not required to partake in any recovery.CONTACT US HERE:https://securitiesclasslaw.com/securities/encore-energy-corp-loss-submission-form/?id=146596&from=4 CLASS PERIOD: March 28, 2024 to M ...

Core Viewpoint - Energy Fuels Inc. (UUUU) and Uranium Energy (UEC) are positioned to benefit from the U.S. push for domestic nuclear energy, despite facing challenges from a 25% decline in uranium prices over the past year [1][2][25]. Industry Overview - The long-term outlook for uranium remains strong due to the increasing demand for clean energy, with the U.S. consuming 47 million pounds of uranium annually [2]. - Both companies are expected to face revenue pressure in 2025 due to lower uranium prices, but they are ramping up capabilities to meet anticipated domestic demand [25]. Company Analysis: Energy Fuels Inc. (UUUU) - UUUU has been a leading U.S. producer of natural uranium concentrate, accounting for two-thirds of domestic output since 2017 [4]. - The company aims to establish its White Mesa Mill as a critical minerals hub, producing uranium, vanadium, rare earth elements (REEs), and potential radioisotopes [4][6]. - UUUU's acquisition of Base Resources Limited in October 2024 enhances its potential as a key producer of titanium and zirconium minerals [5]. - The company is currently producing from three uranium mines, with expected ore production for 2025 between 730,000 and 1,170,000 pounds [7]. - UUUU reported revenues of $78 million in 2024, a 106% year-over-year increase, with uranium revenues rising 9% [8]. - The Zacks Consensus Estimate for UUUU's 2025 revenues is $72.3 million, indicating a 7.5% year-over-year drop, with an expected loss of 21 cents per share [16]. Company Analysis: Uranium Energy (UEC) - UEC is the largest and fastest-growing supplier of uranium in the U.S., with a combined licensed production capacity of 12.1 million pounds [9]. - The company has made significant acquisitions, including Rio Tinto's uranium mining projects, enhancing its production capabilities [11][12]. - UEC reported revenues of $49.8 million in the second quarter of fiscal 2025, selling 600,000 pounds of uranium at $82.92 per pound [15]. - The Zacks Consensus Estimate for UEC's 2025 revenues is $89.8 million, a substantial improvement from the previous year, but with an expected loss of 10 cents per share [18]. Valuation and Performance - Year-to-date price performances for both companies have been poor, with UUUU shares declining 7.8% and UEC shares falling 19.9% [21]. - UUUU is trading at a forward price-to-sales multiple of 9.02, while UEC's forward sales multiple is at 25.73 [22]. - UUUU appears more attractive from a valuation standpoint and has better price performance compared to UEC [26].

NEW YORK, May 2, 2025 /PRNewswire/ -- Levi & Korsinsky, LLP notifies investors in enCore Energy Corp. ("enCore Energy" or the "Company") (NASDAQ: EU) of a class action securities lawsuit.CLASS DEFINITION: The lawsuit seeks to recover losses on behalf of enCore Energy investors who were adversely affected by alleged securities fraud between March 28, 2024 and March 2, 2025. Follow the link below to get more information and be contacted by a member of our team:https://zlk.com/pslra-1/encore-energy-corp-lawsui ...

Core Viewpoint - enCore Energy Corp. is facing a class action lawsuit due to allegations of issuing materially false and misleading statements regarding its financial reporting and internal controls [3][4]. Summary by Relevant Sections - **Class Period**: The class period for the lawsuit is defined as March 28, 2024, to March 2, 2025 [3]. - **Allegations**: The complaint alleges that enCore Energy Corp. lacked effective internal controls over financial reporting, could not capitalize certain exploratory and development costs under GAAP, and as a result, its net losses had substantially increased. Consequently, the positive statements made by the defendants about the company's business and prospects were materially misleading [3]. - **Deadline for Participation**: Shareholders are encouraged to register for the class action by May 13, 2025, to be eligible for potential recovery [4]. - **Next Steps for Shareholders**: Once registered, shareholders will be enrolled in a portfolio monitoring software to receive updates throughout the case lifecycle. There is no cost or obligation to participate [4]. - **Law Firm's Mission**: The Gross Law Firm aims to protect the rights of investors who have suffered due to deceit and illegal business practices, seeking recovery for losses incurred from misleading statements that led to artificial inflation of the company's stock [5].

Core Insights - Foremost Clean Energy Ltd. announced the discovery of uranium mineralization in drill hole TF-25-16, which intersected 0.10% eU3O8 over 6.5 metres within a 15-metre wide interval of alteration at the Hatchet Lake Uranium Project [1][4] - The ongoing drilling campaign is part of a $6.5 million exploration budget for 2025, focusing on high-priority target areas across the uranium project portfolio [4] Company Developments - The discovery at Hatchet is attributed to a strategic collaboration with Denison Mines Corp., which provided valuable historical exploration data [2] - Foremost is prioritizing follow-up on the new mineralization while testing additional targets defined by Denison's groundwork [2] - The company appointed Shayla Forster as Corporate Secretary, effective May 1, 2025, to enhance corporate governance and compliance as it advances its uranium projects [12] Technical Details - Drill hole TF-25-16 was completed to a depth of 251 metres and is located approximately 1 km SSW of a historic drill hole that showed weakly elevated uranium mineralization [5] - The mineralization in TF-25-16 is associated with strong clay-hematite-chlorite alteration and remains open along strike, across strike, and at depth, indicating potential for expansion [7][13] - The initial results from the drill program include multiple mineralized intervals, with highlights such as 0.22% eU3O8 over 0.9 metres [4][6] Exploration Context - Foremost holds an option to earn up to a 70% interest in 10 prospective uranium properties in the Athabasca Basin, which is known for its rich uranium deposits [16] - The company's uranium projects are at various stages of exploration, from grassroots to drill-ready targets, aligning with the growing demand for carbon-free energy [16]