Singular Research Initiates Coverage of Myriad Uranium Corp. (OTC: MYRUF) With a $1.35 Price Target, Highlighting Copper Mountain Project's Potential in a Rising Uranium Market
Singular Research Initiates Coverage of Myriad Uranium Corp. (OTC: MYRUF) With a $1.35 Price Target, Highlighting Copper Mountain Project's Potential in a Rising Uranium Market
U.S. Focus on Uranium Supply Security: The United States has prioritized domestic uranium production, making Wyoming a key area for future investments. Myriad's Copper Mountain project is well-positioned within this critical region for development.LOS ANGELES, CA / ACCESSWIRE / October 31, 2024 / Singular Research is pleased to announce the initiation of coverage on Myriad Uranium Corp. (OTCQB:MYRUF) with a BUY-Venture rating and a price target of $1.35. Myriad's Copper Mountain uranium project has emerged as a high-potential asset in the current uranium market, driven by historical data and recent acquisitions that underscore its growth potential.
洛杉矶，CA / ACCESSWIRE / 2024年10月31日 / Singular Research很高兴宣布开始对Myriad Uranium corp（OTCQB:MYRUF）进行研究报道，评级为买入-创业公司，目标价为$1.35。Myriad的铜山铀项目已成为当前铀市场中具有高潜力的资产，受历史数据和最近收购的推动，突显其增长潜力。
Investment Highlights:
投资亮点：
Nuclear Industry Resurgence: Uranium prices have climbed from $30 to over $80 per pound in the past two years, supported by global demand for carbon-free energy and constrained uranium supply. This pricing environment strengthens the strategic value of Myriad's portfolio.
U.S. Focus on Uranium Supply Security: The United States has prioritized domestic uranium production, making Wyoming a key area for future investments. Myriad's Copper Mountain project is well-positioned within this critical region for development.
Extensive Historical Data with Resource Upside: Myriad holds significant historical data on the Copper Mountain project, including over 2,000 drill holes and resources estimated at 15 to 30 million pounds of uranium. The project presents a strong foundation for continued expansion, with the estimated potential of known deposits and prospects at over 65 million pounds of uranium.
Strategic Project Enhancements through Acquisitions: Recent additions, including the Bonanza Mine and Midnight Prospect, contribute substantial grade and tonnage potential, elevating Copper Mountain's overall value.
Attractive Valuation Relative to Industry Peers: Myriad Uranium is trading at a notable discount to its sector. With a price target of $1.35 based on a conservative valuation of potential reserves, we view MYRUF as offering compelling upside.
核能行业复苏：铀价格在过去两年从30美元攀升至80美元以上，得到全球对无碳能源的需求和受限的铀供应的支持。这种定价环境增强了Myriad投资组合的战略价值。
美国关注铀供安：美国已将国内铀生产列为重中之重，使得怀俄明成为未来投资的关键地区。Myriad的铜山项目位于这一关键地域板块，处于良好位置进行开发。
具备资源增长潜力的广泛历史数据：Myriad掌握着关于铜山项目的重要历史数据，包括2000多个钻孔和估计为15到3000万磅铀的资源。该项目为持续扩张打下了坚实基础，已知矿床和前景的潜在估计数量超过6500万磅铀。
通过收购进行战略项目改进：最近的增加，包括Bonanza矿和Midnight Prospect，为Copper Mountain提供了相当大的品位和矿石量潜力，提升了整体价值。
相对于行业同行，具有吸引力的估值：Myriad Uranium的股价大幅低于其板块。根据潜在储备的保守估值，我们设定了$1.35的目标价，认为MYRUF提供了引人注目的上升空间。
Given the favorable uranium market and increasing demand for secure, domestic energy sources, Myriad Uranium stands out as a promising exploration company with significant growth potential. Singular Research's BUY-Venture rating reflects confidence in Myriad's near-term and long-term value for investors.
鉴于有利的铀市场和对安全的国内能源来源需求增加，Myriad Uranium凭借其雄心勃勃的探索公司身份及显著增长潜力脱颖而出。Singular Research的买入-创业公司评级反映了对Myriad中短期价值和长期价值的信任。
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SOURCE: Singular Research
来源：Singular Research
