Pure Gold Mining Inc 46.8% potential upside indicated by Peel Hunt LLP

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Pure Gold Mining Inc 46.8% potential upside indicated by Peel Hunt LLP

Pure Gold Mining Inc with ticker (LON:PUR) now has a potential upside of 46.8% according to Peel Hunt LLP. Trading has ranged between (52 week low) and 59 (52 week high) with an average of 196,397 shares exchanging hands daily. The market capitalisation at the time of writing is £431,498,038.

Paladin Energy Ltd is an Australia-based uranium miner and exploration company. The Company is engaged in the development and operation of uranium mines in Namibia together with exploration and evaluation activities in Australia and Canada. The Company’s segments include Exploration, Namibia and Australia.

Exploration segment

The Exploration segment is focused on developing exploration and evaluation projects in Australia and Canada. The Namibia segment is engaged in the production and sale of uranium from the mines located in Namibia.

The Company’s Langer Heinrich Mine (LHM) is located in the Namib Desert, approximately 80 kilometers east of the seaport of Walvis Bay and over 40 kilometers south-east of the Rossing uranium mine. The share price for Pure Gold Mining Inc. (PUR.L) is currently trading at GBp57.00 (-2.56%)

PureGold is a growth company, located in the very heart of Red Lake, Canada. Red Lake is the world-famous high-grade gold district which has already produced more than 30 million ounces of gold, valued at over USD $50 billion in today’s prices.3.Their objective is to develop a highly-profitable long-life gold mining company in the heart of Red Lake, becoming Canada’s next iconic gold producer.

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