LAKEWOOD, Colo., May 13, 2021 /CNW/ – Energy Fuels Inc. (NYSE American: UUUU) (TSX: EFR ) ("Energy Fuels" or the "Company") today reported its financial results for the quarter ended March 31, 2021. The Company’s annual report on Form 10-K has been filed with the U.S. Securities and Exchange Commission (" SEC ") and may be viewed on the Electronic Document Gathering and Retrieval System (" EDGAR ") at www.sec.gov/edgar.shtml , on the System for Electronic Document Analysis and Retrieval (" SEDAR ") at www.sedar.com , and on the Company’s website at www.energyfuels.com . Unless noted otherwise, all dollar amounts are in U.S. dollars.
Highlights: At March 31, 2021, the Company had $60.37 million of working capital, including $44.11 million of cash and marketable securities and $27.98 million of inventory, including approximately 690,800 pounds of uranium and 1,672,000 pounds of high-purity vanadium in the form of immediately marketable product. […]
Selling your Uranium Energy Corp. (NYSE:UEC) stock? Here’s what you need to know
Uranium Energy Corp. (NYSE:UEC) shares, rose in value on Thursday, May 20, with the stock price up by 0.65% to the previous day’s close as strong demand from buyers drove the stock to $3.11.
Actively observing the price movement in the last trading, the stock closed the session at $3.09, falling within a range of $3.0000 and $3.1200. The value of beta (5-year monthly) was 2.45 whereas the PE ratio was 0 over 12-month period. Referring to stock’s 52-week performance, its high was $3.67, and the low was $0.82. On the whole, UEC has fluctuated by 13.5% over the past month.
With the market capitalization of Uranium Energy Corp. currently standing at about $658.39 Million, investors are eagerly awaiting this quarter’s results, scheduled for Jul 2021. The company’s Forward Dividend Ratio is 0, with its dividend yield at 0%. As a result, investors may see a weakening in the stock’s price […]
Laramide Notes Upcoming June 2021 Warrant Expiry, and Provides Corporate Update
Listed Laramide Resources Ltd. wishes to clarify some recent inquiries regarding an upcoming warrant expiry. All of the holders of the $0.30 unit financing completed in June 2018 continue to hold a half warrant exercisable at a price of $0.45 per share until June 20, 2021 . The warrant was one of two warrants exercised in connection with the financing but market conditions during the tenure of the step-up period …
Listed ( TSX:LAM; ASX:LAM )
Laramide Resources Ltd. (” Laramide ” or the “Company”) (TSX: LAM) (ASX: LAM) wishes to clarify some recent inquiries regarding an upcoming warrant expiry.
All of the holders of the $0.30 unit financing completed in June 2018 continue to hold a half warrant exercisable at a price of $0.45 per share until June 20, 2021 . The warrant was one of two warrants exercised in connection with the financing (described as a “step-up” warrant), but market […]
Uranium Royalty Corp. Announces Closing of C$25 Million Bought Deal Offering, Completing its Previously Announced C$37 Million Financing Package
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Highlights: Completes the C$37 million financing package comprised of a C$25 million bought deal offering and previously announced C$12 million margin loan facility
As of May 20, 2021 , the Company has approximately C$70 million in cash, equity and inventory holdings and C$6 million (US$5 million) available for drawdown under its margin loan facilty
VANCOUVER, BC, May 20, 2021 /CNW/ – Uranium Royalty Corp. (TSXV: URC ) (NASDAQ: UROY) (" URC " or the " Company ") is pleased to announce that it has completed its previously announced bought deal offering (the " Offering ") of common shares of the Company, resulting in aggregate gross proceeds of C$25,010,000. The Offering was conducted by way of a short form prospectus dated May 18, 2021, through a syndicate of underwriters led by BMO Nesbitt Burns […]
Uranium Energy Corp. (NYSE:UEC): Trading Information
During the last session, Uranium Energy Corp. (NYSE:UEC)’s traded shares were 4,647,911, with the beta value of the company hitting 2.45. At the end of the trading day, the stock’s price was $3.09, reflecting an intraday loss of -4.63% or -$0.15. The 52-week high for the UEC share is $3.67, that puts it down -18.77% from that peak though still a striking +73.46% gain since the share price plummeted to a 52-week low of $0.82. The company’s market capitalization is $719.38 Million, and the average intraday trading volume over the past 10 days was 6.02 Million shares, and the average trade volume was 6.96 Million shares over the past three months.
Uranium Energy Corp. (UEC) received a consensus recommendation of Buy from analysts. That translates to a mean rating of 1.7. UEC has a Sell rating from none of the analyst(s) out of 4 analysts who have looked at this […]
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Wyoming’s numbers putting mining job losses at 25% are misleading, industry group says
Haul trucks sit idle at Eagle Butte Mine July 1, 2019, after employees were escorted from the property and the gates locked. By Elyse Kelly, The Center Square
Wyoming’s mining industry lost 4,900 jobs — a 25.3% reduction — from March 2020 to March 2021, according to a recent report by the Wyoming Economic Analysis Division.
But those numbers are a bit misleading, according to Wyoming Mining Association Executive Director Travis Deti, who said they also include employment losses for oil and gas.
“When you’re talking about mining in Wyoming, we’ve got what you call our four big sectors and those are: coal, uranium, bentonite and trona,” Deti told The Center Square. “Those are actual mining jobs and outside of oil and gas. When you’re looking at those particular numbers, we lost just shy of 700 jobs in the past year.”Broken down individually, coal lost approximately 570 jobs, 95 were lost […]
American Lithium Adds Drill-ready Lithium Exploration Targets West of Falchani and Outlines Plans for Advancing Peruvian Lithium and Uranium Projects
VANCOUVER, British Columbia, May 20, 2021 (GLOBE NEWSWIRE) — American Lithium Corp . (“American Lithium” or the “Company”) (TSX-V:LI | OTCQB:LIACF | Frankfurt:5LA1) is pleased to announce positive lithium results from mapping and sampling of two new outcrop target areas in the Quelcaya region 6 kilometres (km) west of the Falchani lithium deposit in the Macusani Plateau in southeastern Peru. The Company is also pleased to provide an update on upcoming exploration and development plans for these new areas and for the existing Falchani Lithium and Macusani Uranium Projects (“Falchani” and “Macusani”).
Highlights: Two new high priority, drill-ready lithium target areas have been identified west of Falchani through mapping and surface sampling.
Drilling now being planned to test these targets and focus on the discovery of new lithium deposits.
In-fill and expansion drilling to begin at Falchani and focus on resource re-classification (upgrading resource categories) and resource expansion. Expansion […]
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Uranium Energy Corp Increases Physical and Equity Uranium Holdings
NYSE American Symbol – UEC
CORPUS CHRISTI, Texas, May 20, 2021 /PRNewswire/ – Uranium Energy Corp (NYSE American: UEC) (the "Company" or "UEC") is pleased to report recent increases in its physical and equity uranium holdings.
The Company has acquired an additional 200,000 pounds of U.S. warehoused uranium. UEC’s physical uranium initiative is fully funded with cash on hand and now includes 2.305 million pounds of U.S. warehoused uranium at a volume weighted average price of ~$30 per pound with various delivery dates out to June 2023.
The Company has also acquired an additional 1,000,000 common shares of Uranium Royalty Corp ("URC") (TSXV: URC,Nasdaq: UROY ) in order to maintain its existing strategic ownership position in URC. The Company completed the subscription under a recent bought deal financing which was completed by URC comprised of 6,100,000 common shares at a price of C$4.10 per share for gross proceeds of C$25.0 million. […]
Megawatt’s Australian Rare Earth Projects prospective for Uranium Mineralization
VANCOUVER, BC, May 20, 2021 /PRNewswire/ – Megawatt Lithium and Battery Metals Corp. (CSE: MEGA) (FSE: WR20) (OTC: WALRF) (the "Company" or "Megawatt") reports that further due diligence on the recently acquired Artic Fox and Isbjorn properties in Northern Territory, Australia (refer to April 14, 2021 and May 12, 2021 press releases) indicates the projects are prospective for uranium mineralization. This encouraging development complements the properties’ rare earth element (REE) potential at a time when there is an emerging transformation underway towards green energy globally.
Northern Territory has well known uranium deposits
Moderating global uranium inventories, mine closures and growing pursuit of green energy have led to a resurgence in the uranium price over the past 12-18 months, which has re-kindled significant interest in the sector. Within Australia, the Northern Territory has some of the best-known and high-grade uranium deposits. Moreover, the Northern Territory has a long history of […]
Sprott Acquires Physical Uranium Fund as Uranium Bear Market Ends
In a move to offer investors access to spot uranium prices, Sprott Asset Management has taken over Uranium Participation Corporation (UPC), a physical uranium fund that trades in Toronto, relaunching it as the Sprott Physical Uranium Trust. The new trust will launch in late Q2 or Q3 of 2021.
Sprott also hopes to dual list the fund in the U.S., said Sprott CEO John Ciampaglia in a new interview with BNN Bloomberg .
“Uranium was in a long bear market, said Ciampaglia. “We believe that this bear market is over and that a new bull market is now underway.”
UPC was the first investment vehicle worldwide to offer exposure to the spot uranium price, said Ciampaglia, adding that, “we think it’s a natural fit and extension for Sprott to take over the management.”Currently, Sprott holds over $13 billion in physically backed precious metal funds. Ciampaglia notes that there is also a great […]
Global Atomic Appoints HCF as Financial Adviser
Global Atomic Corporation announced today the appointment of HCF International Advisers Limited as its adviser to assist in the raising of debt financing for the development of the Dasa Uranium Project in the Republic of Niger . Stephen G. Roman President & CEO of Global Atomic, commented, ” Global Atomic is making great strides in moving the Dasa Project closer to production. We have expanded the exploration camp …
Global Atomic Corporation (“Global Atomic” or the “Company”), (TSX: GLO) (OTCQX: GLATF) (FRANKFURT: G12) announced today the appointment of HCF International Advisers Limited (“HCF”) as its adviser to assist in the raising of debt financing for the development of the Dasa Uranium Project in the Republic of Niger . Global Atomic Corporation logo (CNW Group/Global Atomic Corporation) Stephen G. Roman , President & CEO of Global Atomic, commented, ” Global Atomic is making great strides in moving the Dasa Project closer […]
Appia Announces Closing of $5.75 Million Bought Deal Financing, Including Full Exercise of the Over-Allotment Option
May 19, 2021 ( Source ) — Appia Energy Corp. (CSE: API) (OTCQB: APAAF) (FSE: A0I.F) (FSE: A0I.MU) (FSE: A0I.BE) (the “Company” or “Appia”) , is pleased to announce the closing of its previously announced “bought deal” private placement offering for aggregate gross proceeds of approximately $5,750,000 (the “ Offering “), including the full exercise of the over-allotment option. In connection with the Offering, the Company issued: (i) 5,782,333 units of the Company (each, a “ Unit “) at a price of $0.60 per Unit, and (ii) 3,258,000 flow-through units of the Company (each, a “ FT Unit “) at a price of $0.70 per FT Unit. The Offering was led by Research Capital Corporation as sole underwriter and sole bookrunner.
Each Unit consists of one Common Share of the Company (“ Common Share “) and one Common Share purchase Warrant (a “ Warrant “). Each FT Unit consists of […]
Alligator Energy : Acquires EL6350 Adjacent to Samphire Project
Brisbane – Alligator Energy (ASX: AGE) is pleased to announce that it has entered into a Binding Terms Sheet to acquire EL6350 from Stellar Resources Limited (ASX: SRZ).
The tenement, which contains existing historic uranium intersections, borders the southern end of Alligator’s 100% owned Samphire Uranium Project and is deemed prospective for extensions to the historic non JORC compliant Plumbush Uranium Deposit.
Under the terms, Alligator through its wholly owned subsidiary S Uranium Pty Ltd will acquire a 100% interest in EL 6350 from Stellar Resources for $135,000 to be satisfied through the issue of AGE shares. The number of Consideration Shares to be issued will be determined based on the lower of $0.019 and the 10 business day volume weighted average price (VWAP) immediately prior to execution of the binding terms sheet.
Greg Hall, Alligator CEO, said: ‘We are very pleased to consolidate our holding of the Samphire uranium project through […]
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Nuclear Nirvana: A Tipping Point in the Uranium Cycle?
May 13, 2021 (Investorideas.com Newswire) Sector expert Michael Ballanger takes a look at recent development in the uranium market, as well as in copper and the precious metals. This past week was particularly enjoyable for a number of reasons, and while the action in the precious metals sector finally gave me something about which to cheer, prices for the base metals had terrific moves led by GGMA commodity favorite copper, which hit record highs above US$4.70/lb for the first time in the history of global currency debasement.
Notwithstanding the arrival of an "overbought" condition in this poster child for the electrification movement, copper’s performance is a testimonial to a surge in global demand and delayed supply shock brought on by mine closures and COVID-related issues. There exists a confluence of bullish factors in the copper market that supersedes an easier explanation, such as a "weak dollar" or "Chinese hoarding," which […]
Click here to view original web page at www.investorideas.com
Proactive news headlines including GTI Resources, Cyclone Metals, Danakali, Mako Gold and Legend Mining
Sydney, May 19, 2021 (GLOBE NEWSWIRE) — Proactive, provider of real-time news and video interviews on growth companies listed in Australia, has covered the following companies: Great Boulder Resources Ltd (ASX:GBR) has received binding commitments for a single tranche placement to raise $5.5 million at a price of 8 cents per share. Click here
GTI Resources Ltd (ASX:GTR) has logged historic uranium results from the Henry Mountains Uranium & Vanadium Project in Utah, USA, ahead of a surface drilling program scheduled for July. Click here
Great Southern Mining Ltd (ASX:GSN) is ready to get the reverse circulation (RC) drill spinning at the recently acquired Southern Star Gold Project and surrounding prospects, with a rig scheduled for mobilisation to the site on June 1, 2021. Click here
Lake Resources NL (ASX:LKE) (OTCMKTS:LLKKF) is expanding drilling and testing beyond what is required for the definitive feasibility study (DFS) […]
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Uranium Market Analysis by Professional Reviews and Opinions 2026
The global Uranium research report 2016 provides a basic overview of the industry including definitions, classifications, applications, and industry chain structure. The Uranium market report provides information regarding market size, share, trends, growth, cost structure, global market competition landscape, market drivers, challenges and opportunity, capacity, revenue, and forecast 2026.
The Uranium market expected to reach a value of nearly $10.18 billion by 2026, significantly growing at a CAGR of 5.3% during the forecast period.
The report delivers a comprehensive overview of the crucial elements of the market and elements such as drivers, current trends of the past and present times, supervisory scenario & technological growth. This report also includes the overall and comprehensive study of the Uranium market with all its aspects influencing the growth of the market. This report is exhaustive quantitative analyses of the Uranium industry and provides data for making strategies to increase market growth and […]
Centrus sees strong growth in nuclear fuel sales
US nuclear fuel and services provider Centrus Energy Corporation today announced it has secured new nuclear fuel sales contracts and commitments valued at about USD225 million over the past 12 months. This, the company said, was the strongest period for new sales since 2015. (Image: Centrus Energy)
The company’s revenues come from multi-year contracts with major utilities, often signed years in advance. The new sales contracts and commitments cover deliveries in North America, Asia, and Europe from 2021 through to 2027, with revenues to be recognised in the year of delivery.
The USD225 million total includes the more than USD100 million in contracts and commitments secured between November 2020 and the end of January 2021 that were disclosed in the Centrus’ Annual Report for the year ended 31 December 2020. In its 2020 Annual Report, Centrus said its order book of sales under contract in the low-enriched uranium (LEU) segment extends […]
Click here to view original web page at www.world-nuclear-news.org
Alligator Energy Ltd (AGE.AX) Acquires EL6350 Adjacent to Samphire Project
Alligator Energy Ltd Alligator Energy Ltd (AGE.AX) Acquires EL6350 Adjacent to Samphire Project
Brisbane, Australia, May 18, 2021 – (ABN Newswire) – Alligator Energy (ASX:AGE) is pleased to announce that it has entered into a Binding Terms Sheet to acquire EL6350 from Stellar Resources Limited (ASX:SRZ). The tenement, which contains existing historic uranium intersections, borders the southern end of Alligator’s 100% owned Samphire Uranium Project (refer Figure 1*) and is deemed prospective for extensions to the historic non JORC compliant Plumbush Uranium Deposit.
Under the terms, Alligator through its wholly owned subsidiary S Uranium Pty Ltd will acquire a 100% interest in EL 6350 from Stellar Resources for $135,000 to be satisfied through the issue of AGE shares. The number of Consideration Shares to be issued will be determined based on the lower of $0.019 and the 10 business day volume weighted average price (VWAP) immediately prior to execution of […]
Click here to view original web page at au.finance.yahoo.com
Energy Fuels (UUUU) Reports Wider-Than-Expected Loss in Q1
Energy Fuels Inc. UUUU reported first-quarter 2021 loss per share of 8 cents, wider than the Zacks Consensus Estimate of a loss per share of 5 cents. The uranium mining company had reported a loss of 5 cents in the prior-year quarter.
The company incurred a net loss primarily due to an increase in its share price during the first quarter of 2021, which resulted in a non-cash mark-to-market increase in warrant liabilities of $3.50 million. Further, an increase of $2.69 million in development expenditures in the reported quarter compared with the prior year related to the development and ramping up of the expected rare earth element ("REE") carbonate production program at the White Mesa Mill also led to the loss.
Energy Fuels generated revenues of $0.35 million in first-quarter 2021, reflecting a 10% decline year over year. The top line missed the Zacks Consensus Estimate of $0.6 million. During the […]
This company is exploring in a top-tier location with robust discovery potential
A look at the Moore Lake project camp. SUPPLIED. Article content
Mention Saskatchewan and most people immediately think of wheat fields and flat prairie landscapes rather than substantial mineral deposits, like uranium, waiting to be discovered.
However, savvy investors know that Canada is one of the world’s largest uranium producers and that all operating uranium mines and mills in Canada are located in northern Saskatchewan.
The Athabasca Basin hosts the richest uranium deposits in the world. In fact, the basin hosts the world’s most significant uranium mines and has historically produced almost 20 per cent of annual global uranium production, all within a safe and favourable mining jurisdiction. It is the highest-grade depository of uranium, hosting deposits 10 to 100 times the global average . “Saskatchewan is ranked the number three mining jurisdiction in the world by the Fraser Institute and it’s consistently ranked in the top five. So, you can […]
Hilltop Holdings Inc. Buys Global X Uranium ETF, SPDR Dow Jones Industrial Average ETF, Vanguard Dividend Appreciation FTF, Sells Financial Select Sector SPDR, SPDR Gold Shares ETF, iShares Core MSCI Emerging Markets ETF
Dallas, TX, based Investment company Hilltop Holdings Inc. ( Current Portfolio ) buys Global X Uranium ETF, SPDR Dow Jones Industrial Average ETF, Vanguard Dividend Appreciation FTF, iShares MSCI Netherlands ETF, S&P 500 ETF TRUST ETF, sells Financial Select Sector SPDR, SPDR Gold Shares ETF, iShares Core MSCI Emerging Markets ETF, BTC iShares MSCI China A ETF, CEVA Inc during the 3-months ended 2021Q1, according to the most recent filings of the investment company, Hilltop Holdings Inc.. As of 2021Q1, Hilltop Holdings Inc. owns 486 stocks with a total value of $746 million. These are the details of the buys and sells. New Purchases: URA , EWN , INDA , EWY , XOP , MJ , AAXJ , JETS , AGG , BAR , SPIP , BIV , XLP , CCIV , FXI , IWN , LULU , INMD , LAZR , ADT , STX , SFIX , BSX […]
Gear up for the change! Uranium Energy Corp. (UEC) has hit the volume of 8538142
For the readers interested in the stock health of Uranium Energy Corp. (UEC). It is currently valued at $3.24. When the transactions were called off in the previous session, Stock hit the highs of $3.25, after setting-off with the price of $2.96. Company’s stock value dipped to $2.89 during the trading on the day. When the trading was stopped its value was $2.94.
Recently in News on April 22, 2021, Uranium Energy Corp. (NYSE American: UEC) Ready, Eager to Provide Much-Needed Fuel. NetworkNewsAudio – Uranium Energy Corp. (NYSE American: UEC) announces the availability of a broadcast titled, “New Focus on Clean Energy Boon for Uranium.”. You can read further details here
Investing in stocks under $10 could significantly increase the returns on your portfolio, especially if you pick the right stocks! Within this report you will find 5 top stocks that offer investors huge upside potential and the best bang […]
Is It Worth Investing in Uranium Energy Corp. (AMEX :UEC) Right Now?
Uranium Energy Corp. (AMEX:UEC) went up by 10.20% from its latest closing price compared to the recent 1-year high of $3.67. The company’s stock price has collected 3.85% of gains in the last five trading sessions. The Wall Street Journal reported on 04/26/21 that Uranium Miners Take Unorthodox Approach: Buying Uranium
Plus, the 36-month beta value for UEC is at 2.45. Opinions of the stock are interesting as 4 analysts out of 4 who provided ratings for Uranium Energy Corp. declared the stock was a “buy,” while 0 rated the stock as “overweight,” 0 rated it as “hold,” and 0 as “sell.”
Investing in stocks under $10 could significantly increase the returns on your portfolio, especially if you pick the right stocks! Within this report you will find 5 top stocks that offer investors huge upside potential and the best bang for their buck.
Add them to your watchlist before they […]
If You Don’t Bullish on Uranium Energy Corp. (NYSE:UEC) Now, You’ll Regret Your Decision Later
The trading price of Uranium Energy Corp. (NYSE:UEC) closed higher on Monday, May 17, closing at $2.94, 10.2% higher than its previous close.
Traders who pay close attention to intraday price movement should know that it fluctuated between $2.8900 and $3.2450. The company’s P/E ratio in the trailing 12-month period was 0, while its 5Y monthly beta was 2.45. In examining the 52-week price action we see that the stock hit a 52-week high of $3.67 and a 52-week low of $0.82. Over the past month, the stock has gained 17.82% in value.
Uranium Energy Corp., whose market valuation is $685.91 Million at the time of this writing, is expected to release its quarterly earnings report in Jul 2021. Investors’ optimism about the company’s current quarter earnings report is understandable. Analysts have predicted the quarterly earnings per share to grow by -$0.02 per share this quarter, however they have predicted annual […]
Resources Top 5: Investors reward good stories from these gold, copper and uranium explorers
Great Western Exploration defines ‘DeGrussa-like’ copper gold target
Helix harnesses recent popularity to raise $4m for “aggressive copper drilling”
Popular explorer Alligator picks up more uranium-rich ground next to flagship ‘Samphire’ project
Here are the biggest small cap resources winners in early trade, Tuesday May 18. (Up on no news) It’s a great time to be an emerging gold miner as prices creep up toward $US1,900/oz.In late January, Kaiser Reef became a fledgling producer after acquiring the very high grade A1 gold mine in Victoria.A1 has produced ~500,000oz of gold since 1861 and is still going strong — over the past 18 months the mine has provided the processing plant with ore grading a very high 11.4g/t gold.Kaiser is ramping up to mechanical mining of the high grade ‘Queens Lode’ in the coming months.Soil sampling has defined a large scale copper-gold target called ‘Thunder’ near the DeGrussa deposit in […]