Elevate Uranium Ltd (EL8.AX)
Elevate Uranium Ltd operates in the Uranium industry of the Energy sector, headquartered in West Perth, WA, AU. The stock last traded at $0.26, down 1.89% on the session, giving a market capitalisation of $121.2M. Its beta of 0.96 implies it has historically moved less than the broad market.
Headquartered in West Perth, Australia, Elevate Uranium Ltd focuses on the exploration and evaluation of uranium reserves, a business it has pursued since its incorporation in 1978. The company's key operations are distributed across two main regions: Namibia, where it manages projects like Koppies, Hirabeb, Marenica, and Namib IV; and Australia. In Australia, Elevate Uranium fully owns the Angela, Thatcher Soak, Oobagooma, and Minerva project areas, and participates in joint ventures including Bigrlyi, Malawiri, Walbiri, and Areva. The entity adopted its present name, Elevate Uranium Ltd, in May 2021, having previously been known as Marenica Energy Limited.
Elevate Uranium Ltd is most often compared with the following Energy names: