Streetbeat News

BSRUF

Base Resources Limited

https://www.baseresources.com.au/

Industry

Dimension Stone Mining and Quarrying

Open

0.20

Mkt cap

238M

Volume

High

0.20

P/E Ratio

-5.09

52-wk high

0.20

Low

0.20

Div yield

0.25

52-wk low

0.05

Energy Fuels remains optimistic despite a Q3 '24 revenue slump, thanks to strategic acquisitions and partnerships. The company is poised for growth with support from the Trump administration for nuclear energy and domestic uranium production.

Portfolio Pulse from

November 13, 2024 | 3:30 pm

Energy Fuels (AMEX:UUUU) has agreed to acquire Base Resources (OTCPK: BSRUF) for $240 million, aiming to enhance its uranium and critical minerals production capabilities. The deal focuses on the Toliara project in Madagascar, rich in minerals crucial for clean energy and defense sectors. This acquisition is expected to strengthen Energy Fuels' position in the rare earth oxide supply chain, leveraging its White Mesa mill in Utah. The transaction, offering a significant premium to Base Resources shareholders, is set to close in Q3 2024, pending regulatory approval.

Portfolio Pulse from Stjepan Kalinic

April 24, 2024 | 1:18 pm

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