Global Atomic Turns Profitable As Uranium Project Seeks Funds

Join us for our free online webinar to get Your Guide To Flexible ISAs Get smarter in 3 minutes a day

Join the newsletter that everyone in finance secretly reads. 1M+ subscribers, 100% free.

What’s going on here?

Global Atomic shifted gears, turning a net income of over $7.7 million in 2024 while seeking financing for its ambitious Dasa uranium project and enjoying profits from its Turkish zinc ventures. What does this mean? Global Atomic’s financial turnaround in 2024 saw a net income of over $7.7 million, a stark contrast to last year’s loss. Revenue climbed to $859,341, signaling positive financial momentum. The firm’s focus is squarely on securing funds for the Dasa uranium project, with talks underway for a loan from a US Development Bank and potential joint venture opportunities. Their Turkish zinc joint venture reaped the benefits of high zinc prices and lower input costs, with continued profitability […]

About the author: StockMan

Please remember:

The information provided here is for general knowledge and educational purposes only.
It is not intended to be a substitute for professional financial advice.
Every individual's financial situation is unique, and what works for one person may not work for another.
Before making any investment or financial decisions, you should always consult with a qualified financial advisor who understands your specific circumstances and goals.

Any information posted on the website has been prepared without taking into account your objectives, financial situation or needs and as such, should never be acted upon. Please be aware that any information posted on this site should not be considered to be financial advice and i am not a financial advisor.

Posting Guidelines
Do
  • Do contribute something to the discussion
  • Do post factual information, analysis and your view on company valuations
  • Do disclose if you have an interest in a security
  • Do take our Terms of Use seriously
Do Not
  • Do not make low-content posts, unsubstantiated ramps or untruthful/misleading statements
  • Do not complain about a post unless you have reported it first, and not on the forum.
  • Do not post financial advice
  • Do not advertise or post sponsored content

Get involved!

Get Connected!

Come and join our community. Expand your network and get to know new people!

Comments

No comments yet