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Silex Systems (SLX)

ASX.SLX $3.40

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SLX $3.40

20 MINUTE DELAYED

TODAY

15.25 %

1 YEAR RETURN

0.00%

VOLUME

1,175,810

DIV YIELD

PE RATIO

0.00

52 WEEK RANGE

2.28

6.74

ANALYSIS
OPINION
ACTION

ANALYSIS

Overview

SHARE PRICE ACTIVITY
Last (Price)	3.40
Change	0.45 (15.25)
Bid / Ask	3.40 - 3.44
Volume	1,175,810
Turnover	3,977,601
Open	3.28
Day Range	3.23 - 3.47
VWAP	3.38
Prev Close	2.95
Last Trade	23/05 4:10pm (AEST)

KEY INFORMATION
Sector
Shares Issued
NTA/Share	0.00
Last Dividend	0.00
Dividend Ex Date	0
Dividend Pay Date	0

CURRENT ()
Revenue
EBITDA
Profit
Earnings Per Share (EPS)	0
Dividend Per Share (DPS)	0
Yield %	0.00
Market Cap	0
Price to Earnings Ratio (P/E)	0

TARGET PRICE FORECAST

ESTIMATES ()
Revenue	0.00
EBITDA	0.00
Profit	0.00
Earnings Per Share (EPS)	0.00
Dividend Per Share (DPS)	0.00

BROKER CONSENSUS RECOMMENDATION

BUY

SELL

Target Price

0.00

Lt Growth Rate

0.00

Recommendation ()

0.00

OPINION

21/02/2025 17:15

Silex Systems (SLX) $4.76

SLX –5.93% released its 1H25 result (net loss of $18.1m) however more importantly, we were expecting results from the uranium enrichment trials at a Test Loop pilot facility in the US. The company running this is Global Laser Enrichment (GLE), which is a joint venture comprising Silex (51%) and Cameco (49%).

04/09/2024 07:29

Silex Systems (SLX) $3.80

Last Friday, Silex reported a FY24 net loss of A$23m, which was to be expected. As a refresher, Silex, in conjunction with Cameco (CCJ US), is developing a laser technology to enrich uranium at a facility in Kentucky, US. The primary commercial application of the technology is the production of different grades of fuel for the nuclear power industry, which is licensed exclusively to Global Laser Enrichment (GLE), a joint venture comprising Silex (51%) and Cameco (49%).

22/05/2024 08:48

Trade Alerts – Emerging Companies Portfolio

We are making a number of changes to the Emerging Companies Portfolio. Selling FCL & GL1, trimming SLX, SFR, CNI & SRG, buying LTR & BWP, and adding to AD8 & C79.

17/05/2024 09:14

Silex Systems Ltd (SLX) $6.63

The ban on Russian material is positive for SLX which has developed a new technology that promises to revolutionise the nuclear supply chain. It uses lasers to excite uranium atoms and then separate the U-235 and U-238. SLX successfully operated the technology at prototype scale (approx. 10% full scale) in 2013 at GLE’s Test Loop facility

03/04/2024 06:29

Shaw and Partners Uranium Conference: Key Takeaways

Shaw and Partners hosted its 5th Uranium Conference on 26 March 2024. Presenters included: TradeTech, Sprott Physical Uranium Trust, WMC Energy, NexGen Energy, Peninsula Energy, Paladin Energy, Alligator Energy, Lotus Resources, Bannerman, Silex and Toro Energy.

13/12/2023 09:26

Silex Systems (SLX) $3.80

Silex Systems traded to levels not seen since July during yesterday’s session, the stock closing up nearly 8% and up 18% in the last week. A quick recap, Silex, in conjunction with Cameco (CCJ US), is developing a laser technology to enrich uranium at a facility in Kentucky, US. A pilot plant is nearing completion and expected to be up and running early next year as it looks to be a key player in the nuclear fuel supply chain.

04/10/2023 09:36

Silex Systems (SLX) $3.04

The company which is developing enrichment technology for uranium and silicon has whipsawed between $3 - $4 a share over the last few months, currently trading nearer to the low end of the range following a 10% drop in the last week. While listed as a technology company, Silex is included in the Solactive Global Uranium & Nuclear Components Index which is the benchmark index for some ETFs such as the Global X Uranium ETF (URA US). Being in an index and/or ETF is a natural provider of liquidity, and when new units of the ETF are issued the ETF providers buy the underlying shares which has helped to prop up Silex.

11/05/2023 09:18

Silex Systems (SLX) $3.71

A slightly different take on the uranium story, Silex is developing a laser-enriched uranium technology in conjunction with sector giant Cameco. The demonstration plant in Kentucky is expected to be up and running in around 12 months’ time. The company is well funded following a capital raise earlier in the year while the US Government is also likely to support any capital requirements as part of the inflation reduction act. Supply of High Assay Low Enriched Uranium (HALEU), which the next generation of nuclear reactors require, is heavily reliant on Russia.

22/03/2023 09:24

Emerging Companies Portfolio – Amendments

We are making a number of amendments to the Emerging Companies Portfolio.

15/03/2023 09:29

Silex Systems (SLX) $3.45

While technically a technology company, Silex is shaping up to be an important player in the uranium and silicon space, developing laser enrichment technology for both chemical elements. They are currently aiming to build a commercial-scale pilot plant in a joint venture with uranium giant Cameco that, if successful, would allow the western world to become self-sufficient.

ACTION

SLX

UPDATED 21/02/2025 17:29

MM is now neutral on SLX

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SLX

UPDATED 04/09/2024 09:23

MM is cautiously bullish SLX

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SLX

UPDATED 22/05/2024 09:47

MM are trimming SLX in the Emerging Companies Portfolio, targeting a 3% portfolio weighting taking profit around $6.50

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SLX

UPDATED 17/05/2024 16:14

MM is long and bullish SLX

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PDN

UPDATED 27/03/2024 09:37

MM remains bullish on the Uranium space over the medium term, remaining long PDN & SLX

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SLX

UPDATED 13/12/2023 09:48

MM remains long & bullish SLX

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SLX

UPDATED 04/10/2023 12:29

MM is bullish SLX

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SLX

UPDATED 11/05/2023 13:43

MM is bullish SLX and long in the Emerging Companies portfolio

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SLX

UPDATED 22/03/2023 10:54

MM is buying SLX in the Emerging Companies Portfolio, taking a 4% weighting around $3.65

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SLX

UPDATED 15/03/2023 10:13

MM is bullish SLX, looking to add it to the Emerging Companies Portfolio

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Business Summary

Silex Systems Limited is an Australia-based research and development company. The Company is focused on the commercialization of its Separation of Isotopes by Laser EXcitation (SILEX) laser enrichment technology for uranium production and enrichment (nuclear power), silicon enrichment (silicon quantum computing) and other potential markets, which includes medical radioisotopes. Its segments include Silex Systems, Translucent and Silex USA. The development and commercialization program for the SILEX uranium enrichment technology is being undertaken jointly by the Company and by Global Laser Enrichment LLC (GLE). The SILEX Zero-Spin Silicon (ZS-Si) project is being undertaken with project partners, Silicon Quantum Computing Pty Ltd (SQC) and UNSW Sydney (UNSW) at its Lucas Heights facility. In addition, it has an interest in a semiconductor technology known as cREO through its 100% subsidiary, Translucent Inc.

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Silex Systems (SLX)

ASX.SLX $3.40

14 DAYS FREE ACCESS

SLX $3.40

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