Near Term is Catalyst Rich for B.C. Uranium Explorer Research Report

As Interactive stock chart provided by quotemedia Price Volume Oct 2023 Nov 2023 Dec 2023 0.6 0.5 0 3 200k © quote media Skyharbour Resources Ltd. (SYH:TSX.V; SYHBF:OTCQX; SC1P:FSE) and its partner mining companies advance their uranium projects toward becoming possible takeout targets, the in-progress and near-term exploration campaigns planned for them should catalyze Skyharbour’s stock, purported Siddharth Rajeev, Fundamental Research Corp. analyst, in a December 8 research note.

Also of note, Fundamental Research increased its fair value estimate on the Canadian uranium explorer, Rajeev indicated.

He explained, "Applying sector multiples to Skyharbour’s flagship assets, we arrived at a revised fair value estimate of CA$1.16 per share versus our previous estimate of CA$0.97 per share." Potential Gain Compelling

Given the uranium company’s current share price is CA$0.53 per share, the potential return implied for investors is significant, at 119%.Skyharbour remains Buy-rated. High Likelihood of M&A Rajeev expects an upcoming […]

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