DevEx Resources Ltd. Stock Analysis DEV.AX

DevEx Resources Ltd. is an exploration company, which engages in mining of nickel, copper, and platinum group elements. The company is headquartered in Perth, Western Australia. The company went IPO on 2000-10-03. The firm is focused on uncovering the next uranium discovery in Australia. The company holds over 14,000 square kilometers (km2) of prospective ground in the uranium province in the Northern Territory, Australia. Its projects include Nabarlek Uranium Project, Murphy West Uranium Project and Kennedy Rare Earth Element (REE) Project. Its flagship Nabarlek Uranium Project holds over 6,200 km2 land position located on the north-western margin of the McArthur Basin within the Alligator Rivers Uranium Province in the Northern Territory. The Murphy West Uranium Project covers a province-scale over 10,000 km2 in the Northern Territory, Australia which lies along the prospective margin of the southern McArthur Basin and west of Laramide Resources’ Westmoreland Uranium Mineral Resource. The Kennedy REE Project is an advanced exploration project in North Queensland, Australia. Its other project includes the Jimblebar Project.