JUNIORMETRICS
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Atomic Eagle Limited

AEU·$0.39·$118.7M cap
UraniumMuntanga Uranium Project, Zambia Map

Atomic Eagle (formerly GoviEx Uranium Inc., TSXV:GXU, until a Nov 2025 reverse takeover of ASX shell Tombador Iron) is advancing the 100%-owned, district-scale Muntanga Uranium Project in Zambia, which delivered a Bankable Feasibility Study demonstrating strong project economics. Cash of A$16.31 million (Mar 2026) provided roughly 5.8 quarters of runway for the largest Muntanga drill campaign in almost two decades; debt-free.

Notable vs. Peers

  • Financials score of 4.7/10 is weaker than the peer average of 7.7/10.
  • Jurisdiction risk score of 5/10 is meaningfully riskier than the peer average of 7.8/10.

Lifecycle Milestones

Grassroots
Resource Def.
PEA
PFS
FeasibilityCurrent
Permitting
Construction
Production
10/10
Weak track recordStrong track record
4.7/10
Thin runwayWell-capitalized
5/10
High riskLow risk
How this is calculated
6.7/10
Weaker depositStronger deposit
6.6/10
Weaker profileStronger profile
Price Chart
$0.247$0.247$0.325$0.304$0.386AugNovFebJunSep2
Aug 12, 2025Sep 4, 2026
News
$0.39
+143.4%from low-28.6%from high
$0.16$0.54
See who ↓
40.1%
Low alignmentHigh alignment
See who ↓
0.4%
Low alignmentHigh alignment
$118.7M
Far belowFar above
$29.8M median
Price (USD - Local)
$0.39 - AUD 0.54
Cash Position (USD)
$9.8M
Far belowFar above
$8.2M median
Debt (USD)
$0
Far aboveFar below
$0 median
$108.9M
Far belowFar above
$21.7M median
393.3M
Far aboveFar below
199.4M median
Jurisdiction
Zambia
40,000,000 lb U₃O₈
Far belowFar above
33.8M median
$2.72/lb
Far aboveFar below
$3.45/lb median
Cut-off: Mineral Resource (M&I/Inferred): 90 ppm U3O8 at most deposits, 110 ppm U3O8 at some deposits; underlying Jan-2025 BFS reserve-level cutoff: 77 ppm U3O8 (Muntanga) / 70 ppm U3O8 (Dibbwi East) (differentiated by deposit and resource-vs-reserve basis)
This company's data hasn't been researched yet
Open pit, heap leach
12 yrs
Far belowFar above
14 yrs median
@8%$243M(at $90.00/lb)
Far belowFar above
$515.5M median
0.49x
Far aboveFar below
0.37x median
$282M
Far aboveFar below
$210.5M median
0.9xBelow Durrett's 2:1 bar
Far belowFar above
3.5x median
$90.00/lb13% above reference ($80.00/lb)
21%Below Durrett's 25% developer bar
Far belowFar above
43% median
40.1%
0%100%
3.3% median
0.4%
0%100%
10.2% median
717 kmfrom CMOC Group Limited's Tenke Fungurume
Outside typical bolt-on range
This company's data hasn't been researched yet
This company's data hasn't been researched yet
This company's data hasn't been researched yet
This company's data hasn't been researched yet
This company's data hasn't been researched yet
Acquisition Susceptibility
4.1/10
Unlikely bolt-onFits the takeout profile

A relative ranking of how closely this company matches the profile of juniors that have actually been acquired — not a probability, and not a reason to buy. Acquisitions are rare: only a few dozen significant deals happen a year across a universe of thousands of juniors, so even a high score here describes a long shot. The strongest signal the underlying research identifies — whether a major already holds a JV, earn-in, or 5–19.9% strategic stake — isn't tracked yet and is absent from this score.

Overall Score Trend
+26.9% since 2026-08-04 · -4.3% from peak

Your Rankings

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Management Team

Chief Executive Officer of Atomic Eagle Limited (ASX: AEU), the Zambia-focused uranium developer advancing the Muntanga Uranium Project in the Karoo Basin of southeastern Zambia and the Sitwe Uranium Project in the Luangwa Valley Karoo Basin of northeastern Zambia. Atomic Eagle's own investor pages publish no biography for its officers; this entry records the role only.

Chief Financial Officer of Atomic Eagle Limited (ASX: AEU), the Zambia-focused uranium developer advancing the Muntanga and Sitwe uranium projects. Atomic Eagle's own investor pages publish no biography for its officers; this entry records the role only.

Company Secretary of Atomic Eagle Limited (ASX: AEU), named in the company's corporate directory alongside its board. Atomic Eagle's own investor pages publish no biography for its officers; this entry records the role only.

Insiders, Investors & Smart Money

Notable shareholders and insiders whose involvement is worth knowing about, plus what we're seeing from institutional/large-investor activity.

Smart money
1/10

Atomic Eagle only began trading in November 2025 following a reverse takeover that combined GoviEx Uranium's Zambian uranium assets with an ASX shell. No individually named strategic or specialist shareholder, nor any insider buying, was identified for the new entity.

No notable insiders tracked for this miner yet.

Reports, Presentations & Documents

Technical Report Takeaways

Muntanga Uranium Project (Zambia), Atomic Eagle's flagship (open-pit, heap-leach), FEASIBILITY stage. Feasibility Study originally completed Mar 2025 (under prior operator GoviEx Uranium, before GoviEx's reverse takeover of Tombador Iron/rebrand as Atomic Eagle and ASX listing); independently reviewed by PRODEO Consulting during the Mar 2026 quarter (no fatal technical flaws found; production targets, cost assumptions and financial outcomes confirmed as credible), clearing the study for ASX-compliant disclosure -- date used here (10 Mar 2026, approximate) is that independent-validation/ASX-disclosure point, per Atomic Eagle's own project page (atomiceagle.com.au) which is the current company-maintained statement of these figures. Post-tax NPV8% = US$243M, post-tax IRR = 20.8%, at a base-case uranium price of US$90/lb U3O8 (NOT the same as the US$80/lb and US$100/lb figures used elsewhere for reserve/resource pit-shell optimisation -- flagged to avoid conflating the FS price case with the resource-constraint price). 12-year mine life, pre-production capex US$282M, payback 3.5 years, life-of-mine free cash flow US$672M from 25.3 Mlb production, C1 opex US$32.20/lb. Maiden Probable Ore Reserve declared at 28.0 Mlb U3O8 (39.6 Mt @ 320ppm). ouncesFound left null: Muntanga's 58.8 Mlb U3O8 total mineral resource (Mar 2026 quarterly, up 24%) and reserve are both reported in lbs, not troy ounces -- uranium convention, see script header. [Task #529 update, Aug 2026]: ouncesFound now written as 40,000,000 lb U3O8 -- the Measured+Indicated component of Muntanga's Mar 2026 resource update (50.4 Mt at 359ppm for 40.0 Mlb M&I), NOT the 58.8 Mlb combined total already cited above (which adds 18.8 Mlb of Inferred at 238ppm). Measured+Indicated-only per Task #529 convention.