Standard Nuclear (NYSE: STDN) Surges on Analysts Upgrades of up to $17 Per Share

Investorideas.com (www.investorideas.com) a trusted platform for investing ideas including energy and nuclear stocks issues a news and trading alert for Standard Nuclear (NYSE: STDN), a reactor-agnostic producer of TRISO nuclear fuel.

The stock makes the NYSE top percentage gainers list today after a cluster of major brokerage firms launched coverage with upbeat ratings and price targets. Analysts are pointing to the company’s distinctive position as the sole U.S. producer of industrial-scale TRISO (tristructural isotropic) nuclear fuel, along with its involvement in government-supported advanced reactor initiatives and U.S. military microreactor efforts.

The stock is trading at 10.00 +1.56 (+18.42%), with a day’s high of $10.70.

Key initiations of coverage include:

Barclays: Overweight rating with a $17.00 price target

Evercore ISI: Outperform rating with a $17.00 price target

Stifel: Buy rating with a $16.00 price target

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On July 22 Standard Nuclear announced construction and regulatory approval milestones across two of its upcoming nuclear fuel production facilities, marking a major milestone as the company works to expand its capacity for bulk production of advanced nuclear fuel from its existing footprint.

The company announced construction is substantially complete for SN-TN and for SN-ID, two new identical facilities capable of collectively adding up to 5 metric tons of uranium (MTU) per year of additional TRISO production capacity once fully scaled, with the facilities initially expected to provide up to 1 MTU of additional annual capacity each. The company expects start-up, commissioning, and licensing activities to advance for both facilities over the summer.

In parallel with these construction milestones, Standard Nuclear has received approval of Preliminary Documented Safety Analyses (PDSAs) for both of these nuclear facilities from the U.S. Department of Energy. Once fully authorized by the U.S. Department of Energy, these fuel lines are intended to operate as Hazard Category 2 (HC-2) nuclear facilities.

Standard Nuclear today operates its existing SN-0 facility in Oak Ridge, TN, which is currently producing TRISO with the ability to produce up to 0.5 MTU annually.

The company’s ability to rapidly execute the buildout of multiple, strategically located sites is enabled by its rigorous process toward repeatable facility design, vendor engagement, and modular production-line replication, all of which can help reduce design uncertainty for a first-of-a-kind construction platform.

Standard Nuclear’s mission is to reliably deliver the essential building blocks of nuclear power at scale – enabling cost-effective, safe, and secure energy for the world. Supported by leading U.S. defense technology and critical infrastructure investment firms, Standard Nuclear is focused on the large-scale production of advanced nuclear fuel and radioisotope power systems. It is the nation’s only independent manufacturer of TRISO fuel – a robust, high-performance fuel essential to advanced nuclear reactors for terrestrial, national security, and space applications. Standard Nuclear offers a reactor-agnostic supply of advanced fuels to the next-generation nuclear industry and delivers dependable radioisotope power solutions to the space and defense sectors. Through these efforts, it is helping to eliminate U.S. reliance on geopolitical adversaries for these strategically vital technologies. https://www.standardnuclear.com/

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