Streetbeat News

NNE

Nano Nuclear Energy Inc

https://nanonuclearenergy.com

Industry

Industrial - Machinery

NANO Nuclear Energy Inc. operates as a microreactor technology company. The company is developing ZEUS, a solid-core battery reactor, and ODIN, a low-pressure coolant reactor. It is also developing a high-assay low-enriched uranium fabrication facility to supply fuel to the nuclear reactor industry and fuel transportation and nuclear consultation businesses. The company was founded in 2021 and is based in New York, New York.

Open

31.27

Mkt cap

1.1B

Volume

2.8M

High

31.40

P/E Ratio

-68.90

52-wk high

48.05

Low

28.48

Div yield

N/A

52-wk low

3.25

Nano Nuclear Energy shares are trading lower after a surge on Tuesday, which was driven by a price target raise from Benchmark.

Portfolio Pulse from Benzinga Newsdesk

June 26, 2024 | 4:50 pm

Nano Nuclear Energy Inc. (NASDAQ:NNE) shares surged significantly after Benchmark raised its price target from $15 to $39. The stock's rise is driven by the U.S. Senate's approval of the ADVANCE Act and the company's acquisition of ALIP IP, enhancing its technological capabilities. NNE shares closed up 39.43% at $29.10.

Portfolio Pulse from Vaishali Prayag

June 25, 2024 | 8:24 pm

Nano Nuclear Energy shares are trading higher after Benchmark raised its price target on the stock from $15 to $39.

Portfolio Pulse from Benzinga Newsdesk

June 25, 2024 | 3:39 pm

Nano Nuclear Energy shares have resumed trading, which could indicate a resolution of previous issues or new developments within the company.

Portfolio Pulse from Benzinga Newsdesk

June 25, 2024 | 2:24 pm

Shares of Nano Nuclear Energy (NNE) were halted on a circuit breaker due to a sharp decline but have since rebounded and are now up 24.4%.

Portfolio Pulse from Benzinga Newsdesk

June 25, 2024 | 2:19 pm

Benchmark analyst Michael Legg maintains a Buy rating on Nano Nuclear Energy (NASDAQ:NNE) and raises the price target from $15 to $39.

Portfolio Pulse from Benzinga Newsdesk

June 25, 2024 | 11:49 am

Nano Nuclear Energy Inc (NASDAQ:NNE) shares surged by 37.8% to $21.69 after the company acquired intellectual property for an annular linear induction pump used in small nuclear reactor cooling and heat transfer. Dr. Carlos O. Maidana will collaborate as a consultant to further develop this technology, aiming for SBIR Phase III Award status.

Portfolio Pulse from Henry Khederian

June 24, 2024 | 5:50 pm

NANO Nuclear Energy shares are trading higher following the company's acquisition of annular linear induction pump intellectual property, which is used in small nuclear reactor cooling and heat transfer.

Portfolio Pulse from Benzinga Newsdesk

June 24, 2024 | 2:50 pm

NANO Nuclear has acquired the ALIP Technology intellectual property from physicist Carlos Maidana and plans to collaborate on further development. The company will provide $350K funding for a Phase III project, building on $1.37M DOE grants. ALIP Technology is crucial for NANO Nuclear's 'ODIN' microreactor and has potential for commercialization within a year.

Portfolio Pulse from Benzinga Newsdesk

June 24, 2024 | 12:31 pm

Kaival Brands Innovations Group (NASDAQ:KAVL) shares dropped 47% after announcing a $6.0 million public offering. Other notable movers include American Rebel Holdings (NASDAQ:AREB) up 161% due to a new distribution agreement, and Sharecare (NASDAQ:SHCR) up 74% following an acquisition agreement.

Portfolio Pulse from Avi Kapoor

June 21, 2024 | 6:04 pm

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