By By berkeley_us3rCategory Category Articles

Berkeley consensus share price target implies upside of 60% to current price [Finfeed]

After shares in emerging uranium producer, Berkeley Energia (ASX: BKY) doubled from circa 60 cents in mid-2016 to hit a high of $1.20 in late January, they have retraced significantly in recent months, hitting an intraday low of 65 cents in late April.

As indicated below, there has been a trailing off in the spot uranium price in the last few months after a sustained decline from circa US$35 per pound at the start of 2016 culminated in it bottoming out around the US$20 per pound mark in the last quarter of calendar year 2016.

The rebound to circa US$27 per pound in the first quarter of 2017 quickly fizzled out and the commodity is now trading in the vicinity of US$22 per pound.

Read the full article at Finfeed.

By By berkeley_us3rCategory Category Events

Berkeley Energia, Tesco, Sainsbury’s and Next all shortlisted for Investor Relations Team of the Year Award at UK Stock Market Awards

Berkeley Energia is thrilled to announce that it has been nominated for the UK Stock Market Awards ‘Investor Relations Team of the Year Award.’ Other companies that have been nominated include Tesco, Sainsbury’s and Next, all vast UK consumer brands.

Paul Atherley, Managing Director, commented: “It is a real honour to be nominated for this prestigious award, and we are among great company in our category! Communication with shareholders is extremely important to the Company and we look forward to keeping all stakeholders updated on developments as the Salamanca mine moves forward with construction.”

The nominees were selected by readers of Shares magazine, a retail investor publication with a circulation of approximately 60,000 readers. These awards are unique as the companies are chosen entirely by the private shareholder community, not via self-submission.

The UK Stock Market Awards highlighted that “readers were asked to select companies that they felt had most effectively disseminated information to existing and potential shareholders across the full range of media. Nominees have been chosen because they have outshone their peers whilst ensuring true shareholder value has been, and will continue to be, created.”

All nominations will now be put forward to an independent judging panel of experts from across the financial community, including corporate finance, law, financial services, accounting, public relations and media, and the winner will be announced at the end of February.