MEY.AU · Marenica Energy Limited

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Admin

3 years, 7 months ago

Marenica Energy Limited is currently in a long term uptrend where the price is trading 85.5% above its 200 day moving average.

From a valuation standpoint, the stock is 100.0% cheaper than other stocks from the Energy sector with a price to sales ratio of 0.0.

Marenica Energy Limited's total revenue sank by 99.8% to $230 since the same quarter in the previous year.

Its net income has dropped by 31.2% to $-1M since the same quarter in the previous year.

Finally, its free cash flow fell by 6.7% to $-424K since the same quarter in the previous year.

Based on the above factors, Marenica Energy Limited gets an overall score of 2/5.

Industry	Uranium
Sector	Energy
ISIN	AU0000156416
CurrencyCode	AUD
Exchange	AU

Beta	1.29
Dividend Yield	0.0%
Target Price	None
PE Ratio	None
Market Cap	72M

ABOUT

Marenica Energy Limited

Elevate Uranium Ltd engages in the exploration and evaluation of uranium deposits in Namibia. The company holds 75% interest in the Marenica uranium project covering an area of 321 square kilometers; and 100% interest in the Mile 72 uranium project covering an area of 21 square kilometers located in the Erongo uranium province in Namibia. It also holds 100% interest in the Koppies and Hirabeb projects located in Namib Desert region of Namibia. The company was formerly known as Marenica Energy Limited and changed its name to Elevate Uranium Ltd in May 2021. Elevate Uranium Ltd was incorporated in 1978 and is based in West Perth, Australia.

MEY.AU · Marenica Energy Limited

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Marenica Energy Limited

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