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Here Are 4 Opportunities Within a Very Challenging Market

Here Are 4 Opportunities Within a Very Challenging Market

April 16, 2022 (updated April 16, 2022) Published by

" The Chinese use two brush strokes to write the word ‘crisis.’ One brush stroke stands for danger; the other for opportunity. In a crisis, be aware of the danger–but recognize the opportunity ." – John F. Kennedy

The market has been dominated in recent months about worries about surging prices, the beginning of aggressive monetary tightening by the Federal Reserve to squash inflation, and the conflict in Ukraine. These concerns have pummeled many sectors of the market including homebuilders, transportation stocks, as well as electric vehicle concerns among myriad others.

However, there are few parts of market that should prosper from these developments. While rising interest rates are not good for the housing market and an inverted yield curve is a negative for banks, it is a positive for insurers who will get higher yields from their credit portfolios. With the average 30-year mortgage rate above 5% for the first […]

Skyharbour’s Partner Company Valor Resources Intersects Elevated Radioactivity and Associated Alteration in Drilling at the Hook Lake Uranium Project, Saskatchewan

Skyharbour’s Partner Company Valor Resources Intersects Elevated Radioactivity and Associated Alteration in Drilling at the Hook Lake Uranium Project, Saskatchewan

April 16, 2022 (updated April 16, 2022) Published by

Skyharbour Resources Ltd Vancouver, BC, April 11, 2022 (GLOBE NEWSWIRE) — Skyharbour Resources Ltd.’s (TSX-V: SYH ) (OTCQB: SYHBF ) (Frankfurt: SC1P ) (the “Company”) partner company Valor Resources Limited (“Valor”) is pleased to announce that its maiden drilling program at the Hook Lake Uranium Project has been completed. The drilling program comprised eight drill holes for 1,757m, with six holes at the S-Zone target and two at the V-Grid target.

Hook Lake (Formally North Falcon Point) Project: https://www.skyharbourltd.com/_resources/maps/Sky_HookLake_20211209.jpg

Highlights: Elevated radioactivity and alteration zones encountered in several holes at S-Zone target, assays pending for all drill holes

Uraninite mineralization recorded in drill hole DDHL22-002 at S-Zone within a 3.5m sub-vertical zone of elevated radioactivity and alteration Airborne gravity survey to commence at Hook Lake in May to refine and identify new drill targets Next phase of exploration programs for Hook Lake currently being planned […]

Purepoint Uranium Group Inc. Closes Its Fully Subscribed Private Placement for Gross Proceeds of C$3.5 Million

Purepoint Uranium Group Inc. Closes Its Fully Subscribed Private Placement for Gross Proceeds of C$3.5 Million

April 15, 2022 (updated April 15, 2022) Published by

Purepoint Uranium Group Inc. has announced the closing of its brokered private placement previously announced on March 14, 2022, with Red Cloud Securities Inc. pursuant to which Red Cloud acted as lead agent and sole bookrunner. In connection with the closing, the Company issued 25,001,000 flow-through units at a price of C$0.14 per FT Unit for aggregate gross proceeds of C$3,500,140. Each FT Unit consists of one …

Purepoint Uranium Group Inc. ( TSXV: PTU ) ("Purepoint" or the "Company") has announced the closing of its brokered private placement (the "Private Placement") previously announced on March 14, 2022, with Red Cloud Securities Inc. ("Red Cloud") pursuant to which Red Cloud acted as lead agent and sole bookrunner. In connection with the closing, the Company issued 25,001,000 flow-through units ("FT Units") at a price of C$0.14 per FT Unit for aggregate gross proceeds of C$3,500,140. Each FT Unit consists of […]

Labrador Uranium Announces C$7,000,000 Bought Deal Private Placement

April 15, 2022 (updated April 15, 2022) Published by

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NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES

TORONTO, April 11, 2022 (GLOBE NEWSWIRE) — Labrador Uranium Inc. (“ LUR ” or “ Labrador Uranium ”) (CSE: LUR) (F: EI1) is pleased to announce that it has entered into an agreement with Red Cloud Securities Inc. to act as lead underwriter and sole bookrunner on behalf of a syndicate of underwriters (collectively, the “ Underwriters ”) pursuant to which the Underwriters have agreed to purchase for resale 5,000,000 flow-through units of LUR to be sold to charitable purchasers (each, a “ Charity FT Unit ”) at a price of C$1.40 per Charity FT Unit (the “ Unit Price ”) on a “bought deal” private placement basis for gross proceeds of C$7,000,000 (the “ Offering ”). Article content

Each Charity FT Unit will consist of one common share of LUR to be […]

Uranium Prices Have Spiked 50% This Year And Are Set To Climb Further On Stockpiling - Financial News Media

Uranium Prices Have Spiked 50% This Year And Are Set To Climb Further On Stockpiling – Financial News Media

April 15, 2022 (updated April 15, 2022) Published by

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Palm Beach, FL – April 14, 2022 – FinancialNewsMedia.com News Commentary – Uranium prices have spiked 50% this year and are set to climb further on stockpiling Bank of America (BofA) says, according to an recent article in Market Business Insider. Uranium prices have soared 50% this year and look set to climb even more, Bank of America said last week. The investment bank raised its uranium price estimates for 2022 through 2027 by 20% on average. The article said that the uranium supply has contributed to this year’s surge in prices for the nuclear-energy element and Bank of America in adjusting its price outlooks foresees further gains. It continued saying that:“Uranium spot prices have climbed 50% year-to-date in hitting $63.60 a pound, with most of that gain — 47% — taking place since… late February, the investment bank said in […]

Sustainable, Efficient Green Energy Growth in the Uranium & Vanadium Space

April 15, 2022 (updated April 15, 2022) Published by

(Click to play.)

Right now, the green energy sector is one of the most active in capital markets and on the Stockhouse Bullboards. That’s where companies like Canadian-based Anfield Energy Inc. (AEC) ( TSX-V.AEC , OTCQB: ANLDF , Forum ) are stepping up to the plate to meet an existential global need for green energy solutions. AEC is a uranium and vanadium development and near-term production company with a conventional uranium asset portfolio underpinned by its Shootaring Canyon Mill – only one of only three licensed, permitted, and constructed conventional uranium mills in entire U.S…located in the historic and mining-friendly state of Utah. Stockhouse Media’s Dave Jackson was joined by Anfield Energy’s Chief Executive Officer, Corey Dias, to get our investor audience up-to-date on this fascinating green energy play.

TRANSCRIPT BELOW:

SH1: To start off with, can you tell us a little bit about yourself and the history of the […]

Purepoint Uranium Group Inc. Closes Its Fully Subscribed Private Placement for Gross Proceeds of C$3.5 Million

April 14, 2022 (updated April 14, 2022) Published by

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Toronto, Ontario–(Newsfile Corp. – April 14, 2022) – Purepoint Uranium Group Inc. (TSXV: PTU) (" Purepoint " or the " Company ") has announced the closing of its brokered private placement (the " Private Placement ") previously announced on March 14, 2022, with Red Cloud Securities Inc. (" Red Cloud ") pursuant to which Red Cloud acted as lead agent and sole bookrunner. In connection with the closing, the Company issued 25,001,000 flow-through units (" FT Units ") at a price of C$0.14 per FT Unit for aggregate gross proceeds of C$3,500,140. Each FT Unit consists of one common share in the capital of the Company (each, a " Flow-Through Share ") issued on a "flow through" basis pursuant to the Income Tax Act (Canada) and one common share purchase warrant (each, a " […]

Uranium Prices Have Spiked 50% This Year And Are Set To Climb Further On Stockpiling

April 14, 2022 (updated April 14, 2022) Published by

PALM BEACH, Fla., April 14, 2022 /PRNewswire/ — FinancialNewsMedia.com News Commentary – Uranium prices have spiked 50% this year and are set to climb further on stockpiling Bank of America (BofA) says, according to an recent article in Market Business Insider. Uranium prices have soared 50% this year and look set to climb even more, Bank of America said last week. The investment bank raised its uranium price estimates for 2022 through 2027 by 20% on average. The article said that the uranium supply has contributed to this year’s surge in prices for the nuclear-energy element and Bank of America in adjusting its price outlooks foresees further gains. It continued saying that: " Uranium spot prices have climbed 50% year-to-date in hitting $63.60 a pound, with most of that gain — 47% — taking place since… late February, the investment bank said in a last week’s research note. At […]

Uranium miner still set on WA mine despite approval knockback, Indigenous opposition

Uranium miner still set on WA mine despite approval knockback, Indigenous opposition

April 14, 2022 (updated April 14, 2022) Published by

A multinational mining company says it remains committed to a controversial uranium project in WA, despite the state government declining to extend its environmental approval.

Canada-based Cameco Corporation spent US$430 million acquiring the Yeelirrie uranium deposit, near Wiluna in the northern Goldfields, in 2012.

It is one of the largest uranium deposits in the country.

Earlier this year, the project’s approval expired due to a failure to commence work.Last week, WA Environment Minister Reece Whitby denied the firm’s application to have the approval extended. Relief for traditional owners and conservationists The Conservation Council of WA and Tjiwarl traditional owners welcomed that decision, after 50 years of campaigning against the project.Traditional owner Vicky Abdullah said it meant a "threat" was over. "It was a bad decision in the first place and after years in court and fighting to defend our country this news is a great relief," Ms Abdullah said. Other conservationists also […]

Uranium miner still set on WA mine despite approval knockback, Indigenous opposition

Uranium miner still set on WA mine despite approval knockback, Indigenous opposition

April 14, 2022 (updated April 14, 2022) Published by

Vicky Abdullah on her traditional land in the northern Goldfields.(ABC News: Rhiannon Stevens) A multinational mining company says it remains committed to a controversial uranium project in WA, despite the state government declining to extend its environmental approval. Key points:

The WA Environment Minister has rejected an application to extend approval for a uranium mine near Wiluna

Traditional owners and conservationists say the decision is a relief, after half a century of opposition

The company says it is still determined to bring the project forward in the future Canada-based Cameco Corporation spent US$430 million acquiring the Yeelirrie uranium deposit, near Wiluna in the northern Goldfields, in 2012.It is one of the largest uranium deposits in the country.Earlier this year, the project’s approval expired due to a failure to commence work. Yeelirrie, near Wiluna, is the site of Australia’s largest uranium deposit.(ABC News) Last week, WA Environment Minister Reece Whitby […]

Uranium Stocks Edge to 52-Week Highs: Are They Still Buys?

April 14, 2022 (updated April 14, 2022) Published by

Uranium stocks continue to be a tough decision for Motley Fool investors. There were several catalysts that hit the industry, leading to soaring growth and followed by crashes. Yet now, companies such as Cameco (TSX:CCO) (NYSE:CCJ) and NexGen Energy (TSX:NXE) have reached 52-week highs. What’s been going on to allow them to reach these levels , and are they still buys? What happened?

Cameco stock and NexGen stock both edged towards 52-week highs this week mainly due to Russia. Russia continues to be a massive supplier of uranium. However, the ongoing sanctions on Russia due to the tragic Ukraine crisis have led countries to seek out other supplies. This created an increase in uranium stocks from other countries.

Cameco stock and NexGen stock are included in this category. Both companies operate out of Canada, selling their supplies to the Americas, Europe, and Asia. And this could only be growing stronger […]

Uranium prices have spiked 50% this year and are set to climb further on stockpiling and risk of bans on Russia exports, Bank of America says

Uranium prices have spiked 50% this year and are set to climb further on stockpiling and risk of bans on Russia exports, Bank of America says

April 13, 2022 (updated April 13, 2022) Published by

Mordolff/Getty Images Uranium prices have soared 50% this year and look set to climb even more, Bank of America said Tuesday.

The risk of bans on Russian uranium imports by Western countries is contributing to driving up prices.

The investment bank raised its uranium price estimates for 2022 through 2027 by 20% on average.

The risk of Western import bans on Russian uranium supply has contributed to this year’s surge in prices for the nuclear-energy element and Bank of America in adjusting its price outlooks foresees further gains. Uranium spot prices have climbed 50% year-to-date in hitting $63.60 a pound, with most of that gain — 47% — taking place since Russia launched a war against Ukraine in late February, the investment bank said in a Tuesday research note.Russia is a key force in global uranium supply chains, in part as makes up 17%, or an […]

Ur-Energy: The Company Looks Expensive Despite The Higher NPV Of Lost Creek

Ur-Energy: The Company Looks Expensive Despite The Higher NPV Of Lost Creek

April 13, 2022 (updated April 13, 2022) Published by

Written by Summary

In 2021, Ur-Energy strengthened its balance sheet and had a cash position of $44.7 million as of March 3.

The company is taking steps to prepare Lost Creek for restart and the NPV of the project stands at about $200 million at today’s uranium spot prices.

However, Ur-Energy has a market valuation of $384.4 million which comes down to $321.6 million when you exclude its cash and the value of its uranium inventory. Yet, short selling could be dangerous as I think uranium prices are likely to continue to increase in the near future. kasezo/iStock via Getty Images Introduction It’s been a wild year for uranium prices as the world is in the midst of an energy shortage and prices have more than doubled since August. Trading Economics In view of this, I think this is a good time to take a look at what’s happening […]

Uranium prices have spiked 50% this year and are set to climb further on stockpiling and risk of bans on Russia exports, Bank of America says

Uranium prices have spiked 50% this year and are set to climb further on stockpiling and risk of bans on Russia exports, Bank of America says

April 13, 2022 (updated April 13, 2022) Published by

Uranium prices have soared 50% this year and look set to climb even more, Bank of America said Tuesday.

The risk of bans on Russian uranium imports by Western countries is contributing to driving up prices.

The investment bank raised its uranium price estimates for 2022 through 2027 by 20% on average.

Get the inside scoop on what traders are talking about — delivered daily to your inbox. Something is loading. Email address By clicking ‘Sign up’, you agree to receive marketing emails from Insider as well as other partner offers and accept our Terms of Service and Privacy Policy .The risk of Western import bans on Russian uranium supply has contributed to this year’s surge in prices for the nuclear-energy element and Bank of America in adjusting its price outlooks foresees further gains. Uranium spot prices have climbed 50% year-to-date in hitting $63.60 a pound, […]

Energy Fuels: Uranium Prices Hit 10-Year High

Energy Fuels: Uranium Prices Hit 10-Year High

April 12, 2022 (updated April 12, 2022) Published by

RHJ/iStock via Getty Images Investment Thesis

Energy Fuels (NYSE: UUUU ) engages in the extraction, exploration, and sale of uranium in the US. As Western countries start to view uranium as a clean, carbon-free, and affordable baseload for electricity, this has led to the price of uranium in the spot market to increase.

There are many different dynamics at play that are culminating in uranium prices in the spot market moving to a 10-year high.

After a multi-year uranium bear market, uranium prices are likely to soon cross above the prices set at the time of the Fukushima disaster of 2011.There’s a lot to be compelled towards this space. Why Energy Fuels? Why Now? Energy Fuels is a uranium extraction and recovery company. Furthermore, in 2021, Energy Fuels ramped up its commercial production of rare earth element (“REE”) carbonate.Thus, while the main driver of the opportunity here is uranium, Energy Fuels […]

Skyharbour’s Partner Company Valor Resources Intersects Elevated Radioactivity and Associated Alteration in Drilling at the Hook Lake Uranium Project, Saskatchewan

Skyharbour’s Partner Company Valor Resources Intersects Elevated Radioactivity and Associated Alteration in Drilling at the Hook Lake Uranium Project, Saskatchewan

April 12, 2022 (updated April 12, 2022) Published by

Vancouver, BC, April 11, 2022 (GLOBE NEWSWIRE) — Skyharbour Resources Ltd.’s (TSX-V: SYH ) (OTCQB: SYHBF ) (Frankfurt: SC1P ) (the “Company”) partner company Valor Resources Limited (“Valor”) is pleased to announce that its maiden drilling program at the Hook Lake Uranium Project has been completed. The drilling program comprised eight drill holes for 1,757m, with six holes at the S-Zone target and two at the V-Grid target.

Hook Lake (Formally North Falcon Point) Project: https://www.skyharbourltd.com/_resources/maps/Sky_HookLake_20211209.jpg

Highlights: Elevated radioactivity and alteration zones encountered in several holes at S-Zone target, assays pending for all drill holes

Uraninite mineralization recorded in drill hole DDHL22-002 at S-Zone within a 3.5m sub-vertical zone of elevated radioactivity and alteration Airborne gravity survey to commence at Hook Lake in May to refine and identify new drill targets Next phase of exploration programs for Hook Lake currently being planned to follow-up on results from […]

Uranium Energy Corp Launches Wyoming Hub and Spoke Platform with Filing of S-K 1300 Technical Report Summary

Uranium Energy Corp Launches Wyoming Hub and Spoke Platform with Filing of S-K 1300 Technical Report Summary

April 12, 2022 (updated April 12, 2022) Published by

– This filing marks the largest S-K 1300 uranium resource reported in the United States combining the acquired Uranium One Americas, Inc.’s (“U1A”) assets with UEC’s Reno Creek Project.

– The Irigaray Processing Plant is the Hub central to seven satellite projects across the Powder River Basin and Great Divide Basin, four of which are fully permitted, including Reno Creek.

– Total Measured and Indicated Resources disclosed across the assets are 61,956,200 lbs. with 56,858 tons grading 0.069% U3O8.

– Total Inferred Resources disclosed across the assets are 7,105,700 lbs. with 5,613 tons grading 0.064% U3O8.- Significant potential for resource expansion with over 100,000 acres and historic resources in Wyoming, which is the most productive in-situ recovery (“ISR”) uranium mining region in the western hemisphere.Corpus Christi, TX, April 5, 2022 – Uranium Energy Corp (NYSE American: UEC; “UEC” or the “Company” – https://www.commodity-tv.com/ondemand/companies/profil/uranium-energy-corp/ ) is pleased to announce that it has filed […]

Standard Uranium Completes Winter Drill Program at Sun Dog

Standard Uranium Completes Winter Drill Program at Sun Dog

April 12, 2022 (updated April 12, 2022) Published by

VANCOUVER, British Columbia, April 12, 2022 (GLOBE NEWSWIRE) — Standard Uranium Ltd. (“Standard Uranium” or the “Company”) (TSX-V: STND) (OTCQB: STTDF) (Frankfurt: FWB:9SU) is pleased to announce that the winter drill program at its 100% owned Sun Dog Project (“Sun Dog” or “the Project”) has been successfully completed. Sun Dog is located at the northwestern edge of the Athabasca Basin, Saskatchewan, and is south of the first uranium mining camp in Canada, the Beaverlodge District, near Uranium City.

Key Focus Points: Sun Dog diamond drill program successfully executed, totalling 1,242.3 metres (m) within 4 drill holes.

Phase-one drilling intersected several characteristics of a uranium-bearing mineralized system.

High-resolution ground gravity and UAV magnetics geophysics identified several new high priority targets. Follow-up drill holes are planned to be tested during a Phase-two winter 2023 program. The inaugural drill program at Sun Dog tested three of the […]

Labrador Uranium Announces Upsize of Bought Deal Private Placement to C$8.0 Million

April 12, 2022 (updated April 12, 2022) Published by

NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES

TORONTO, April 11, 2022 (GLOBE NEWSWIRE) — Labrador Uranium Inc. (“ LUR ” or “ Labrador Uranium ”) (CSE: LUR) (F: EI1) is pleased to announce that due to significant investment demand, LUR has agreed to amend its agreement with Red Cloud Securities Inc., as lead underwriter and sole bookrunner on behalf of a syndicate of underwriters (collectively, the “ Underwriters ”), to increase the size of LUR’s previously announced bought deal private placement from C$7.0 million to C$8.0 million. Under the revised offering, the Underwriters have agreed to purchase for resale 5,715,000 flow-through units of LUR to be sold to charitable purchasers (each, a “ Charity FT Unit ”) at a price of C$1.40 per Charity FT Unit (the “ Unit Price ”) on a “bought deal” private placement basis for gross proceeds of […]

U3O8 : Receives Uranium Price Related Payment in CUR Shares

U3O8 : Receives Uranium Price Related Payment in CUR Shares

April 12, 2022 (updated April 12, 2022) Published by

Toronto, Ontario – April 11, 2022 – U3O8 Corp. (NEX: UWE.H), ("U3O8" or the "Company") is pleased to announce an additional payment in shares related to the sale, in 2021, of the Laguna Salada Deposit in Argentina, to Consolidated Uranium Inc. ("CUR").

U3O8 has received 728,981 CUR common shares in relation to the sale of Laguna Salada. Those shares have a current market value of C$1,895,351 (based on the April 8, 2022, closing price of C$2.60 per common share). In addition, U3O8 Corp. received 157,213 common shares in Labrador Uranium Inc. ("LUR"), a company that was spun out by CUR on February 22, 2022. The market value of these LUR shares is C$179,223 based on the April 8, 2022, closing price of C$1.14.

As part of the Laguna Salada sale, U3O8 is eligible to receive further payments from CUR contingent on the uranium spot price exceeding certain thresholds.

Contingent Payments […]

UEX Announces Completion of Winter 2022 Exploration Programs

UEX Announces Completion of Winter 2022 Exploration Programs

April 12, 2022 (updated April 12, 2022) Published by

Saskatoon, Saskatchewan – TheNewswire – April 11, 2022 – UEX Corporation (TSX:UEX) (OTC:UEXCF) (“UEX” or the “Company”) is pleased to announce the completion of its 2022 winter exploration programs for the Christie Lake and Hidden Bay Projects located in the Athabasca Basin of northern Saskatchewan (see Figure 1).

Christie Lake Project

Winter exploration drilling at Christie Lake totaled 5,653 m in 10 drill holes (see Figure 2) and focused on the initial evaluation of the three 2022 target areas:

> To explore for the extension of basement -hosted uranium mineralization below, down-dip, and down-plunge of the Paul Bay, Ken Pen and Ōrora Deposits, as well as down-dip of existing uraniferous holes located in the gap areas between the three deposits to explore for basement-hosted uranium deposits; Along the B Conductor Trend, targeting the B Conductor and DC Resistivity low that is adjacent to the A B trends located between the […]

Revival Of Nuclear Energy Will Spark Uranium Market

April 12, 2022 (updated April 12, 2022) Published by

Nuclear power plant in Germany (Photo by Sean Gallup/Getty Images) Getty Images War in Ukraine is causing an energy reset. Western governments are rethinking dependence on Russian oil and gas, and it is a big opportunity for investors.

Prime Minister Boris Johnson announced last week that Britain will begin developing small scale, modular nuclear power plants. The new energy path is a big win for uranium assets.

It’s time for investors to consider buying Cameco Corp. (CME) .

The emergence of nuclear as a clean energy source seemed unlikely. Nuclear power has been derided for four decades. The number of plants globally peaked in 1996 when 17.5% of all electric power was generated in those facilities. Since then public has opinion soured and the political will to keep plants open waned.The downfall of nuclear energy was caused by a combination of eventsEnvironmental movements gained global traction in the 1970s and nuclear energy […]

Consolidated Uranium Initiates Exploration Program Targeting Higher Grade Uranium Mineralization at Laguna Salada in Argentina

April 11, 2022 (updated April 11, 2022) Published by

TORONTO, April 11, 2022 (GLOBE NEWSWIRE) — Consolidated Uranium Inc. (“CUR”, the “Company”, “Consolidated Uranium”) (TSXV: CUR) (OTCQB: CURUF) is pleased to provide details of a planned work program at its 100% owned Laguna Salada Uranium-Vanadium Project (“Laguna Salada” or the “Project”) located in Chubut Province, Argentina (Figure 1).

Highlights Aggressive Exploration Program Planned for 2022 – Permitting and landholder approvals are being sought to undertake a systematic exploration program at the La Rosada target (“La Rosada”) within the Project area. Initially, the program is expected to include ground scintillometer and hand-dug trenching with subsequent follow-up of elect targets using mechanical excavator trenching and drilling. Work is expected to commence during April 2022, subject to receipt of applicable approvals.

New Area Outside of the Historic Mineral Resource – La Rosada is located approximately 40 kilometers northeast of the historical mineral resources at the Guanaco and Lago Seco […]

U3O8 Corp. Receives Uranium Price Related Payment in CUR Shares

April 11, 2022 (updated April 11, 2022) Published by

Toronto, Ontario–(Newsfile Corp. – April 11, 2022) – U3O8 Corp. ( NEX: UWE.H ), (" U3O8 " or the " Company ") is pleased to announce an additional payment in shares related to the sale, in 2021, of the Laguna Salada Deposit in Argentina, to Consolidated Uranium Inc. ("CUR").

U3O8 has received 728,981CUR common shares in relation to the sale of Laguna Salada. Those shares have a current market value of C$1,895,351 (based on the April 8, 2022, closing price of C$2.60 per common share). In addition, U3O8 Corp. received 157,213 common shares in Labrador Uranium Inc. ("LUR"), a company that was spun out by CUR on February 22, 2022. The market value of these LUR shares is C$179,223 based on the April 8, 2022, closing price of C$1.14.

As part of the Laguna Salada sale, U3O8 is eligible to receive further payments from CUR contingent on the uranium spot price […]

National Bank of Canada FI Makes New Investment in Uranium Energy Corp. (NYSEAMERICAN:UEC)

National Bank of Canada FI Makes New Investment in Uranium Energy Corp. (NYSEAMERICAN:UEC)

April 11, 2022 (updated April 11, 2022) Published by

→ A Ground-Floor Opportunity in the Cyber Security Space (Ad) Uranium Energy National Bank of Canada FI acquired a new position in Uranium Energy Corp. ( NYSEAMERICAN:UEC – Get Rating ) in the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm acquired 10,775 shares of the basic materials company’s stock, valued at approximately $36,000.

Other institutional investors and hedge funds also recently modified their holdings of the company. Morgan Stanley increased its position in shares of Uranium Energy by 646.2% during the second quarter. Morgan Stanley now owns 527,185 shares of the basic materials company’s stock valued at $1,402,000 after acquiring an additional 456,538 shares in the last quarter. Millennium Management LLC bought a new stake in Uranium Energy in the 2nd quarter worth approximately $277,000. Invesco Ltd. grew its position in Uranium Energy by 89.9% in the 2nd quarter. Invesco […]

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