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.
加利福尼亚州洛杉矶/ACCESSWIRE /2024年10月31日/Singular Research很高兴地宣布开始对Myriad Uranium Corp.（OTCQB: MYRUF）进行报道，风险投资评级为1.35美元。在历史数据和最近突显其增长潜力的收购的推动下，Myriad的铜山铀项目已成为当前铀市场的高潜力资产。
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.
核工业复苏：在过去两年中，在全球对无碳能源的需求和有限的铀供应的支持下，铀价格从每磅30美元攀升至80美元以上。这种定价环境增强了Myriad投资组合的战略价值。
美国关注铀供应安全：美国将国内铀生产列为优先事项，使怀俄明州成为未来投资的关键领域。Myriad的铜山项目在这个关键的开发地区处于有利地位。
具有资源优势的大量历史数据：Myriad拥有有关铜山项目的重要历史数据，包括超过2,000个钻孔和估计为15至3000万磅铀的资源。该项目为持续扩张奠定了坚实的基础，估计已知矿床和前景可能超过6500万磅铀。
通过收购改善战略项目：最近新增的项目，包括Bonanza矿和Midnight Prospect矿区，贡献了巨大的品位和吨位潜力，提升了铜山的总体价值。
相对于行业同行，估值诱人：Myriad Uranium的交易价格明显低于该行业。根据对潜在储备的保守估值，目标股价为1.35美元，我们认为MYRUF提供了令人信服的上行空间。
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家用能源的需求不断增加，Myriad Uranium作为一家前景光明的勘探公司脱颖而出，具有巨大的增长潜力。Singular Research的买入风险评级反映了投资者对Myriad短期和长期价值的信心。
For a full copy of the research report, please click here or visit:
如需研究报告的完整副本，请点击此处或访问：
Singular Research
单一研究
Research@SingularResearch.com
Research@SingularResearch.com
SOURCE: Singular Research
来源：Singular Research
