Silex Systems (OTCMKTS:SILXY) Shares Up 1.4% – Here’s What Happened

Silex Systems Limited (OTCMKTS:SILXYGet Free Report)’s stock price shot up 1.4% during trading on Thursday . The company traded as high as $22.70 and last traded at $22.3550. 18,920 shares changed hands during mid-day trading, a decline of 15% from the average session volume of 22,322 shares. The stock had previously closed at $22.04.

Silex Systems Trading Down 3.1%

The stock has a fifty day moving average of $26.86 and a two-hundred day moving average of $21.32.

Silex Systems Company Profile

(Get Free Report)

Silex Systems (OTCMKTS:SILXY) is an Australian‐based technology company specializing in the development and commercialization of laser‐based separation processes and precision laser systems. Founded in 1990 and headquartered in Sydney, the company leverages proprietary photonic and laser expertise to address niche applications in the nuclear fuel cycle, microfabrication and advanced manufacturing sectors. Its core focus lies in the SILEX laser isotope separation technology, which offers higher efficiency and lower energy consumption compared with conventional centrifuge or diffusion methods for uranium enrichment.

The SILEX process was developed through a series of research collaborations and scale‐up demonstrations, culminating in a commercial agreement with Global Laser Enrichment (GLE), a joint venture formed to pursue deployment in the United States.

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