Bargain Barrel: Here are 15 uranium explorers under the $50m market cap mark

Nuclear industry forecasters are more bullish than they’ve been in years with spot uranium prices hitting a decade high of US$67/lb this week.

On the demand side, there’s a forecasted supply shortfall of approximately 1.5 billion pounds by 2040.

When you take that into consideration, the bullish reports from the World Nuclear Association (WNA) and price reporter Ux Consulting make sense when they say new operations will be needed to fill uranium demand from nuclear power plants will almost double by 2040.

Not to mention that countries which had been less than enthusiastic on nuclear are looking to sanction new developments amid the energy transition because they provide baseload electricity with lower emissions than fossil fuel plants.There’s a lot of crap down the cheap end of the bourse. There are also some absolute gems that, with a little polishing, could shine.“It’s much easier to get a 10,000 bagger if you […]

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