AZZ:TSX; AZZUF:OTCQB

Azarga Uranium Corp.

Azarga Uranium is an integrated uranium exploration and development company that controls ten uranium projects and prospects in the United States of America and the Kyrgyz Republic, with a primary focus of developing in-situ recovery uranium projects in the U.S. The Dewey Burdock in-situ recovery uranium project in South Dakota, which is the company's initial development priority, has received its Nuclear Regulatory Commission License and draft Class III and Class V Underground Injection Control permits from the Environmental Protection Agency and the company is in the process of completing other major regulatory permit approvals necessary for the construction of the Dewey Burdock Project.
AZZ:TSX AZZUF:OTCQB

Expert Comments:

The contents of the preliminary economic assessment on Azarga Uranium's Gas Hills asset and uranium prices are discussed in a Fundamental Research Corp. report.
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An Eight Capital report raises its target price on Azarga Uranium after the company released a preliminary economic assessment on its Gas Hills uranium project.
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The preliminary economic assessment for Azarga Uranium's Gas Hills project and what it means for the company are discussed in a Haywood Securities report.
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Azarga Uranium Corp. reported details from the maiden Preliminary Economic Assessment for its Gas Hills ISR Uranium Project that project annual production volumes of 1.0 Mlb of U3O8 over an estimated 7-year mine-life.
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Colin Healey, Haywood Securities

(6/30/21)
"The new preliminary economic assessment for Azarga Uranium Corp.'s Gas Hills indicates an attractive in situ recovery uranium satellite project that delivers a post-tax project net asset value discounted at 8% of $106.2M and a post-tax internal rate of return of 101% at $55/lb U3O8. . .Gas Hills has the potential to be a very resilient project capable of generating positive cash flow even at currently depressed term market prices."

Mitch Vanderydt, Eight Capital

(6/30/21)
"The preliminary economic assessment (PEA) for Azarga Uranium Corp.'s Gas Hills contemplates trucking loaded in situ recovery (ISR) resin roughly 200 miles from Gas Hills to the proposed ISR plant at flagship Dewey Burdock in South Dakota, which could effectively double planned uranium production to roughly 2 Mlb/year. The PEA yielded an after-tax NPV8% of $102.6M for Gas Hills production."

Clive Maund, CliveMaund.com

(6/29/21)
"A uranium stock that looks to be at a very good entry point now is Azarga Uranium Corp., which has reacted back from early May to a line of support above its rising 200-day moving average where a small double bottom has formed over the past week. . .with the overall uptrend believed to be still in force and the uranium price remaining firm, this looks like a good point to buy it."

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Thibaut Lepouttre, Caesars Report

(4/21/21)
"Azarga Uranium Corp. released an updated resource estimate on its Gas Hills uranium exploration project in Wyoming. The updated resource now contains almost 10.8 Mlb uranium in the Measured and Indicated resource categories, with an additional 0.5 Mlb in the Inferred category."

Azarga Uranium boosts the Measured and Indicated resources at Wyoming's Gas Hills project by 128%.
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Colin Healey, Haywood Securities

(11/25/20)
"Receipt of final Environmental Protection Agency permits represents a major derisking event for Azarga Uranium Corp. . .the company's flagship Dewey Burdock in situ recovery uranium project has now received all major required federal permits. . .Azarga remains one of our Top Picks in the space, and we view the current share price as a great entry point in a rising uranium price environment."

More Expert Comments

Experts Following This Company

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Peter Epstein, CFA – Epstein Research
headshot of Colin Healey
Colin Healey, Analyst – Haywood Securities
headshot of Thibaut Lepouttre
Thibaut Lepouttre, Editor Caesars Report
Clive Maund – CliveMaund.com
Mitch Vanderydt, Analyst – Eight Capital

Company News

9/7/2021 – enCore Energy and Azarga Uranium To Combine To Create Leading American Uranium ISR Company

8/24/2021 – Azarga Uranium Corp. (TSX: AZZ / OTCQB: AZZUF) Robust PEA / Trading at Just 26% of After Tax-NPV

8/10/2021 – Azarga Uranium Files Robust Maiden Pea for Gas Hills ISR Uranium Project

7/23/2021 – Azarga Uranium Included in Index Composition for Global X Uranium ETF

6/29/2021 – Azarga Uranium Reports Robust Maiden PEA Results for Gas Hills ISR Uranium Project

6/25/2021 – Azarga Uranium Annual General and Special Meeting 2021 Voting Results

The information provided above is from analysts, newsletters, the company and other contributors.

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Investing Highlights
 
Dewey Burdock is one of the preeminent undeveloped ISR Projects in the USA
 
Strong pipeline of low-cost US assets well positioned for the uranium sector recovery
 
The only pure-play ISR focused developer in the USA with next-in-line production
catalyst Calendar
Q2
2021
Finalization of permitting at our flagship, low-cost, Dewey Burdock ISR Uranium Project
Q2
2021
Resource update and renewed focus on ISR amenability at Gas Hills
Q2
2021
Identification and quantification of uranium mineralization at Dewey Terrace (adjacent to Dewey Burd
Azarga Uranium Corp. Content