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Azarga Uranium Corp.

Azarga Uranium is an integrated uranium exploration and development company that controls ten uranium projects and prospects in the United States of America and the Kyrgyz Republic, with a primary focus of developing in-situ recovery uranium projects in the U.S. The Dewey Burdock in-situ recovery uranium project in South Dakota, which is the company's initial development priority, has received its Nuclear Regulatory Commission License and draft Class III and Class V Underground Injection Control permits from the Environmental Protection Agency and the company is in the process of completing other major regulatory permit approvals necessary for the construction of the Dewey Burdock Project.

Expert Comments:

Sadif Investment Analytics

"Azarga Uranium Corp. is a high quality company. With a reasonable business rating, it has strong financials. . .in terms of risk, it is safe. . .overall, we believe Azarga to be a good long-term investment."

The contents of the preliminary economic assessment on Azarga Uranium's Gas Hills asset and uranium prices are discussed in a Fundamental Research Corp. report.
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An Eight Capital report raises its target price on Azarga Uranium after the company released a preliminary economic assessment on its Gas Hills uranium project.
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The preliminary economic assessment for Azarga Uranium's Gas Hills project and what it means for the company are discussed in a Haywood Securities report.
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Azarga Uranium Corp. reported details from the maiden Preliminary Economic Assessment for its Gas Hills ISR Uranium Project that project annual production volumes of 1.0 Mlb of U3O8 over an estimated 7-year mine-life.
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Colin Healey, Haywood Securities

"The new preliminary economic assessment for Azarga Uranium Corp.'s Gas Hills indicates an attractive in situ recovery uranium satellite project that delivers a post-tax project net asset value discounted at 8% of $106.2M and a post-tax internal rate of return of 101% at $55/lb U3O8. . .Gas Hills has the potential to be a very resilient project capable of generating positive cash flow even at currently depressed term market prices."

Mitch Vanderydt, Eight Capital

"The preliminary economic assessment (PEA) for Azarga Uranium Corp.'s Gas Hills contemplates trucking loaded in situ recovery (ISR) resin roughly 200 miles from Gas Hills to the proposed ISR plant at flagship Dewey Burdock in South Dakota, which could effectively double planned uranium production to roughly 2 Mlb/year. The PEA yielded an after-tax NPV8% of $102.6M for Gas Hills production."

Clive Maund,

"A uranium stock that looks to be at a very good entry point now is Azarga Uranium Corp., which has reacted back from early May to a line of support above its rising 200-day moving average where a small double bottom has formed over the past week. . .with the overall uptrend believed to be still in force and the uranium price remaining firm, this looks like a good point to buy it."

headshot of Thibaut Lepouttre

Thibaut Lepouttre, Caesars Report

"Azarga Uranium Corp. released an updated resource estimate on its Gas Hills uranium exploration project in Wyoming. The updated resource now contains almost 10.8 Mlb uranium in the Measured and Indicated resource categories, with an additional 0.5 Mlb in the Inferred category."

More Expert Comments

Experts Following This Company

headshot of Colin Healey
Colin Healey, Analyst – Haywood Securities
headshot of Thibaut Lepouttre
Thibaut Lepouttre, Editor Caesars Report
Clive Maund –
Mitch Vanderydt, Analyst – Eight Capital

Company News 

11/23/2021 – enCore Energy Advances Development at the South Texas Rosita Uranium Processing Plant; enCore Energy and Azarga Uranium Provide Plan of Arrangement Update

11/16/2021 – Azarga Uranium Shareholders Approve Plan of Arrangement with enCore Energy

10/21/2021 – enCore Energy and Azarga Uranium Provide Update on Proposed Transaction and Shareholder Vote

9/7/2021 – enCore Energy and Azarga Uranium To Combine To Create Leading American Uranium ISR Company

The information provided above is from analysts, newsletters, the company and other contributors.

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The company description, investing highlights and catalyst calendar on this page were prepared by the company. The Expert Comments and Experts Following This Company sections of this page are compiled by Streetwise Reports. There may be other information about the company that is not placed on this page. Streetwise Reports does not guarantee the accuracy or thoroughness of the information contained on this page.

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Investing Highlights
Dewey Burdock is one of the preeminent undeveloped ISR Projects in the USA
Strong pipeline of low-cost US assets well positioned for the uranium sector recovery
The only pure-play ISR focused developer in the USA with next-in-line production
catalyst Calendar
Finalization of permitting at our flagship, low-cost, Dewey Burdock ISR Uranium Project
Resource update and renewed focus on ISR amenability at Gas Hills
Identification and quantification of uranium mineralization at Dewey Terrace (adjacent to Dewey Burd
Azarga Uranium Corp. Content