District Metals (DMX.V) has seen quite a bit of volatility in its share price in the past few years. Until November 2025, the company was a ‘black or white’ type of speculative investment, waiting for the Swedish parliament to take the required steps to lift the ban on uranium exploration and mining in Sweden. That process is now in full swing, which means the focus will shift from a political angle to an exploration and development angle. Since January 1^st, exploring for uranium is now completely legal again in Sweden and that changed the narrative for District.

It’s now up to District Metals’ technical team to execute on the plans to actually develop their uranium assets. The flagship Viken project is of course the most advanced project in the company’s asset portfolio, and based on District’s plans for 2026, we should see considerable progress at Viken this year.

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