ATOME Energy PLC (AIM:ATOM) is now entering into arguably the most important phase of the company's development since its IPO, says house broker Liberum, with several high-impact valuation catalysts expected before the end of the year.
An offtake at Villeta, completing FEED and FID on Phase 1, and signing of its second Paraguayan power purchase agreement (PPA) at Yguazu (Phase 2) all are scheduled for the next few months and Liberum likes the potential ahead of these events.
“The weak equity market environment for growth companies has given rise to selective opportunities where investors can gain exposure to considerable near-term value upside.
“On this basis, we reiterate our ‘buy’ stance and 220p/share target price,” said the broker.