CA - Global Atomic: Great Future For Uranium And Zinc With Electrification And Energy Diversification
2025-05-15 11:20:21 ET
Summary
- I rate Global Atomic Corp. a Buy, driven by strong uranium demand from nuclear energy proliferation and a robust Dasa project with low production costs.
- The company’s 49% stake in a profitable zinc recycling joint venture in Turkey adds diversification and upside, with improving zinc market conditions.
- Global Atomic’s solid financial position, ample liquidity, and access to alternative financing support ongoing project development and mitigate default risk.
- Shares trade at attractive valuations below historical averages, offering a compelling entry point for long-term investors bullish on uranium and zinc.
A “Buy” Rating for Global Atomic Corp.
In our view, investors who take a long position in publicly traded shares of uranium producers, or developers such as Global Atomic Corp. ( GLATF )'s OTCQX-listed shares, could be making a smart move....
Global Atomic: Great Future For Uranium And Zinc With Electrification And Energy Diversification