For the readers interested in the stock health of Uranium Energy Corp. (UEC). It is currently valued at $2.22. When the transactions were called off in the previous session, Stock hit the highs of $2.38, after setting-off with the price of $2.24. Company’s stock value dipped to $2.21 during the trading on the day. When the trading was stopped its value was $2.31.
Recently in News on February 10, 2021, InvestorBrandNetwork (IBN) Announces Latest Episode of The Bell2Bell Podcast featuring Amir Adnani, President & CEO of Uranium Energy Corp.. via InvestorWire — InvestorBrandNetwork (“IBN”), a multifaceted communications organization engaged in connecting public companies to the investment community, is pleased to announce the release of the latest episode of The Bell2Bell Podcast as part of its sustained effort to provide specialized content distribution via widespread syndication channels. You can read further details here
A Backdoor Way To Profit From Today’s […]
Trader’s should divert their intention on this Stock- Uranium Energy Corp. (AMEX:UEC) with the stream of -5.86%
On FRIDAY, shares of Uranium Energy Corp. (AMEX:UEC ) reached at $2.09 price level during last trade its distance from 20 days simple moving average was 0.14%, and its distance from 50 days simple moving average was 10.09% while it has a distance of 67.97% from the 200 days simple moving average.
Past 5 years growth of UEC observed at 20.60%, and for the next five years the analysts that follow this company are expecting its growth at 0. The average true range (ATR) is a measure of volatility introduced by Welles Wilder in his book, “New Concepts in Technical Trading Systems.” The true range indicator is the greatest of the following: current high less the current low, the absolute value of the current high less the previous close and the absolute value of the current low less the previous close. The average true range is a moving average, generally […]
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CanAlaska Uranium Announces up to $2,000,000 Private Placement Financing
Vancouver, British Columbia–(Newsfile Corp. – February 26, 2021) – CanAlaska Uranium Ltd. (TSXV: CVV ) (OTCQB: CVVUF) (FSE: DH7N ) ("CanAlaska" or the "Company") announces that it proposes to undertake a non-brokered private placement of securities to raise total gross proceeds of up to $2,000,000 (the " Offering ").
The Offering will be comprised of a combination of: (i) non-flow-through units (the " NFT Units ") to be sold at a price of $0.50 per NFT Unit; (ii) flow-through units (the " FT Units ") to be sold at a price of $0.64 per FT Unit; and (iii) flow-through charity units (the " Charity Units ") to be sold at a price of $0.69 per Charity Unit. Each NFT Unit will be comprised of one non-flow-through common share and one-half (0.5) of one warrant. Each FT Unit and Charity Unit will be comprised of one flow-through common share and one-half […]
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Bacchus Capital Puts Together US$140 million Equity Capital Raising for its Uranium Venture, Yellow Cake plc
LONDON, Feb. 26, 2021 /PRNewswire/ — Bacchus Capital advised Yellow Cake on its oversubscribed international fundraising, with investors from Europe, Asia and North America
Proceeds to be used to acquire up to 3.5 million pounds of uranium ("U 3 O 8 ") under the Kazatomprom purchase option
Furthers Yellow Cake’s thesis of holding uranium for the long-term as the structural mispricing of the commodity moves to correction
Bacchus Capital Advisers Limited ("Bacchus Capital"), the independent investment and merchant bank specialising in cross border public market M&A, and natural resources sector ventures, is pleased to have arranged financing for the US$100 million purchase of physical uranium, by Yellow Cake Plc, pursuant to its option with Kazatomprom. The US$140 million oversubscribed equity fundraising was conducted by accelerated bookbuild, in which Canaccord Genuity Limited and Cantor Fitzgerald & Co. were appointed as Joint Bookrunners.Yellow Cake plc (AIM: YCA) ("Yellow Cake"), […]
How the largest producer of US uranium is on its way to becoming a major rare earths player
There hasn’t been much news from Energy Fuels Inc. (NYSE American: UUUU | TSX: EFR) since their announcement on December 14, 2020, for a new three-year supply agreement for monazite with The Chemours Company (NYSE: CC). However, in 2021 the company has presented at two investment conferences so far in 2021 in January (NobleCon 17 Virtual Conference) and in February (MI3/InvestorIntel Rare Earths Virtual Conference) as management updates the market on the company’s progress. Recall that Energy Fuels is one of our Top 5 Rare Earths companies for 2021.
Firstly, recall that Energy Fuels’ core business is uranium and the company is the largest US producer of uranium. Energy Fuels owns and operates the only fully licensed and operating conventional uranium mill in the US (the White Mesa Mill). They have a licensed capacity of 8 million pounds of U3O8 per year and this provides Energy Fuels with “significant production […]
Liberty Star Uranium & Metals Corp. (OTCMKTS:LBSR) Files An 8-K Material Modification to Rights of Security Holders
Liberty Star Uranium & Metals Corp. (OTCMKTS:LBSR) Files An 8-K Material Modification to Rights of Security Holders
Item 3.03. Material Modification to Rights of Security Holders.On November 24, 2020, Liberty Star Uranium & Metals Corp. (the “Company”) filed a Certificate of Change to NRS 78.209 with the Secretary of State of the State of Nevada to affect a reverse stock split (the “Reverse Stock Split”). to the Certificate of Change, the Reverse Stock Split was formally processed by FINRA’s OTC Corporate Actions Department on February 24, 2021 effective on February 25, 2021. The Company’s common stock will begin trading on a split-adjusted basis when the market opens on February 25, 2021.
to the Reverse Stock Split, outstanding shares of the Company’s common stock were automatically consolidated at a ratio of 1-for-500 without any further action on the part of the Company’s stockholders. Fractional shares will be rounded up to […]
Global Atomic Announces C$10 Million Bought Deal Private Placement
NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES . Global Atomic Corporation is pleased to announce that it has entered into an agreement with Red Cloud Securities Inc. pursuant to which Red Cloud as lead underwriter and sole bookrunner on behalf of a syndicate of underwriters shall purchase for resale 5,000,000 units of the Company at a price of C$2.00 per Unit on a …
/NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES ./
Global Atomic Corporation (“Global Atomic” or the “Company”) (TSX:GLO) (FRANKFURT: G12) (OTCQX: GLATF) is pleased to announce that it has entered into an agreement with Red Cloud Securities Inc. (“Red Cloud”) pursuant to which Red Cloud as lead underwriter and sole bookrunner on behalf of a syndicate of underwriters (the “Underwriters”) shall purchase for resale 5,000,000 units of the Company (the […]
Uranium Energy Corp. (NYSE:UEC) Is Worth Evaluating At $2.31
During the last session, Uranium Energy Corp. (NYSE:UEC)’s traded shares were 4,104,410, with the beta value of the company hitting 2.31. At the end of the trading day, the stock’s price was $2.31, reflecting an intraday loss of -2.12% or -$0.05. The 52-week high for the UEC share is $2.56, that puts it down -10.82% from that peak though still a striking +84.85% gain since the share price plummeted to a 52-week low of $0.35. The company’s market capitalization is $459.83 Million, and the average intraday trading volume over the past 10 days was 7.86 Million shares, and the average trade volume was 4.45 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 5 analysts who have looked at this […]
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Uranium poised for growth in 2021
JOHANNESBURG (miningweekly.com) – Potential further suspensions in the operations of uranium mines this year as a result of second or even third waves of Covid-19 infections could drive the uranium price higher.
During a webinar hosted by Africa Mining Forum on February 25, Canada-listed GoviEx Uranium CEO Daniel Major said uranium was poised for significant demand growth and a potential bull market this year. Uranium is currently trading at a spot price of about $30/lb, which is an increase on the pre-Covid-19 spot price of about $24/lb.
While the uranium market has not been in the favour of producers for quite some time, the shorter-term fundamentals of a tighter market is starting to favour producers, which may bode well for the uranium price over the medium to long-term. A higher uranium price will enable companies with development assets to raise the necessary funding to build their mines.
This could see uranium producers […]
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Uranium Explorer Focused on Argentina ‘Worthy of Active Consideration’
Source: Streetwise Reports 02/22/2021
A research-based analysis of Blue Sky Uranium is provided in a Globe Small Cap Research report. In a February 2021 research note, Globe Small Cap Research stated that Blue Sky Uranium Corp. (BSK:TSX.V; BKUCF:OTCQB) “is worthy of active consideration and ongoing following for developments.”
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Get Our Free Metatrader 4 Indicators – Put Our Free MetaTrader 4 Custom Indicators on your charts when you join our Weekly NewsletterGlobe described the company and presented its compelling factors, noting, “There is a lot to like about the Blue Sky Uranium story.”Blue Sky Uranium is a Canada-headquartered junior uranium and vanadium exploration company that owns 5,000-plus square kilometers of property in Argentina’s Rio Negro and Chubut provinces. It has exclusive […]
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Global Atomic Signs Uranium Marketing Agreement with Fuel Link Ltd
TORONTO, Feb. 24, 2021 /CNW/ – Global Atomic Corporation ("Global Atomic" or the "Company"), (TSX: GLO) (OTCQX: GLATF) (FSE: G12) is pleased to announce it has entered into an Agreement with Fuel Link Limited ("Fuel Link"), to provide uranium marketing services to the Company. Global Atomic Corporation Logo (CNW Group/Global Atomic Corporation) Fuel Link was founded by Mr Bahi Sivalingam in 2005, subsequent to his departure from Rio Tinto Plc. While at Rio Tinto, Bahi was a Board member and Marketing Director of Rio Tinto Mineral Services Limited and responsible for the sales from the Rössing Uranium Mine, a 10 million pound per year uranium operation located in Namibia, Africa. Post Rio Tinto, Bahi was Director of Business Development for TradeTech, one of the Uranium industry’s leading market analysis and price reporters. For the eight years to 2020 he held the position of Commercial Director for TradeTech Energy, a […]
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Global Atomic Signs Uranium Marketing Agreement with Fuel Link Ltd
Fuel Link was founded by Mr Bahi Sivalingam in 2005, subsequent to his departure from Rio Tinto Plc. While at Rio Tinto, Bahi was a Board member and Marketing Director of Rio Tinto Mineral Services Limited and responsible for the sales from the Rössing Uranium Mine, a 10 million pound per year uranium operation located in Namibia, Africa. Post Rio Tinto, Bahi was Director of Business Development for TradeTech, one of the Uranium industry’s leading market analysis and price reporters. For the eight years to 2020 he held the position of Commercial Director for TradeTech Energy, a US-based trading company, providing nuclear fuel supply solutions to the global market.
Over the past 23 years, Bahi has gained extensive knowledge of the uranium market and has developed commercial relationships with counterparties in all the major trading regions covering Europe, America and Asia.
Based in the UK, Fuel Link is well positioned to […]
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Skyharbour’s Partner Company Azincourt Energy Begins 2021 Drill Program at The East Preston Uranium Project
VANCOUVER, British Columbia, Feb. 24, 2021 (GLOBE NEWSWIRE) — Skyharbour Resources Ltd. (TSX-V: SYH ) (OTCQB: SYHBF ) (Frankfurt: SC1P ) (the “Company”) partner company Azincourt Energy Corp. (“Azincourt”) is pleased to announce the 2021 winter drill program at the East Preston Uranium project, located in the western Athabasca Basin, Saskatchewan, Canada has commenced.
Project Location – Western Athabasca Basin, Saskatchewan, Canada:
https://skyharbourltd.com/_resources/maps/SYH-Patterson-Lake.pdfAs previously reported the target area for the 2021 drill program is the conductive corridor from the A-Zone through to the G-Zone and is based on a compilation of results from the 2019 and 2020 drill programs, 2018 through 2020 ground-based EM and gravity surveys, and property wide VTEM and magnetic surveys.
Drilling has commenced south of the A-Zone and will continue southwest along the AB and G-Zones. The first hole of the 2021 program is designated to test a strongly disrupted portion of the A-Zone […]
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Skyharbour’s Partner Company Azincourt Energy Begins 2021 Drill Program at The East Preston Uranium Project
Project Location – Western Athabasca Basin, Saskatchewan, Canada:
https://skyharbourltd.com/_resources/maps/SYH-Patterson-Lake.pdfAs previously reported the target area for the 2021 drill program is the conductive corridor from the A-Zone through to the G-Zone and is based on a compilation of results from the 2019 and 2020 drill programs, 2018 through 2020 ground-based EM and gravity surveys, and property wide VTEM and magnetic surveys.
Drilling has commenced south of the A-Zone and will continue southwest along the AB and G-Zones. The first hole of the 2021 program is designated to test a strongly disrupted portion of the A-Zone conductor in the vicinity of a left-lateral fault offset and transition from northwest to north trending controlling structure. The target is further strengthened by a localized gravity low feature at depth. The hole is located 500m north of 2019 drill hole EP19001 which successfully intersected graphite-quartz-pyrite laden fault zones.
Target Corridors at East Preston […]
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Global Atomic Signs Uranium Marketing Agreement with Fuel Link Ltd
Global Atomic Corporation is pleased to announce it has entered into an Agreement with Fuel Link Limited to provide uranium marketing services to the Company. Fuel Link was founded by Mr Bahi Sivalingam in 2005, subsequent to his departure from Rio Tinto Plc. While at Rio Tinto, Bahi was a Board member and Marketing Director of Rio Tinto Mineral Services Limited and responsible for the sales from the Rössing …
Global Atomic Corporation (“Global Atomic” or the “Company”), (TSX: GLO) (OTCQX: GLATF) (FSE: G12) is pleased to announce it has entered into an Agreement with Fuel Link Limited (“Fuel Link”), to provide uranium marketing services to the Company. Global Atomic Corporation Logo (CNW Group/Global Atomic Corporation) Fuel Link was founded by Mr Bahi Sivalingam in 2005, subsequent to his departure from Rio Tinto Plc. While at Rio Tinto, Bahi was a Board member and Marketing Director of Rio Tinto Mineral […]
Webinar 25 February: Uranium – A resurgence on the cards?
Live broadcast date: 25 February 2021
03h00 New York | 03h00 Toronto | 08h00 GMT | 08h00 London | 09h00 WAT | 10h00 Johannesburg | 16h00 Perth
A new year brings with it new opportunities and this is what Africa Mining Forum and Mining Review Africa will deliver in 2021 as we take a new approach to delivering industry-relevant content to you over the course of the year – designed to keep you up to speed with how the industry is tracking and what jurisdictions and commodities you need to keep an eye on.
We guarantee these digital touchpoint sessions will help guide your African mining investment decisions.In this session, we take a closer look at uranium, which is poised for significant demand growth and a potential bull market in 2021. Uranium is currently trading at a spot price of about US$30/lb – an increase in the pre COVID […]
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Uranium Explorer Focused on Argentina ‘Worthy of Active Consideration’
February 23, 2021 (Investorideas.com Newswire) A research-based analysis of Blue Sky Uranium is provided in a Globe Small Cap Research report. In a February 2021 research note, Globe Small Cap Research stated that Blue Sky Uranium Corp. (BSK:TSX.V; BKUCF:OTCQB) "is worthy of active consideration and ongoing following for developments."
Globe described the company and presented its compelling factors, noting, "There is a lot to like about the Blue Sky Uranium story."
Blue Sky Uranium is a Canada-headquartered junior uranium and vanadium exploration company that owns 5,000-plus square kilometers of property in Argentina’s Rio Negro and Chubut provinces. It has exclusive mining rights to more than 400,000 hectares, divided into two primary areas: Amarillo Grande, the project on which it is currently focused, and Sierra Colonia.
At Amarillo Grande, Blue Sky’s main target area today is the Ivana deposit, containing 23 million pounds (23 Mlb) of uranium and up to 12 Mlb of […]
Click here to view original web page at www.investorideas.com
NexGen Energy: The Feasibility Study Confirms World-Class Status Of The Rook I Uranium Project
NexGen Energy ( NXE ) finally released the long-awaited feasibility study for its world-class Rook I uranium project. The results are positive and they confirm the world-class status of Saskatchewan’s Athabasca basin-located asset. According to the news release, the Arrow deposit contains reserves of 239.6 million lb U 3 O 8 . Compared to the 2018 reserves estimate, the volume of contained U 3 O 8 increased by 5.5 million lb, unfortunately, the U 3 O 8 grade declined from 3.09% to 2.37%. However, there is space for further expansion, as the resources (including reserves) contain 337.4 million lb U 3 O 8 . Moreover, the Arrow deposit remains open in several directions and at depth. And there are other nearby deposits, like Arrow South, or Harpoon, that haven’t been included in the reserves, resources, or the mine plan yet. NexGen is pretty sure that the mine life will […]
Top global mining analyst Peter Major on ‘ferocious’ commodities bull run: gold, uranium, iron ore, coal, platinum
Should you invest in mining companies? What will change the bull run? Anglo Gold Ashanti has never been this cheap, notes Peter Major, director of mining, at Mergence Corporate Solutions . Stock-picking is called for, he says. Don’t buy the index. He sets out how one piece of legislation could change shortage of supply. – Jackie Cameron Peter Major on the mining results: It’s hard to be too critical. This environment is rare. This is a bull run like we’ve barely seen two times in the last 30 years – and it’s ferocious. It’s covering as many qualities as it’s ever covered. Oil isn’t as crazy as it was in the 70s. It’s not as crazy as it was in the new millennium. Neither is uranium, but the rest of them – iron ore is insane, coal is very moderated. But I guess it’s about 10 years of persecution, […]
NexGen marries ESG and financials in Arrow uranium project feasibility study
NexGen Energy CEO, Leigh Curyer, says the company’s Rook I uranium project has earnt its place as one of the “leading global resource projects with an elite ESG profile” after the publication of feasibility study results on the project’s Arrow deposit in the Athabasca Basin of Saskatchewan, Canada.
The study was completed jointly by consultants including Stantec, Wood and Roscoe Postle Associates (now part of SLR Consulting), with other technical inputs completed by sub-consultants.
Financial highlights from this study included an initial capital bill of C$1.3 billion ($1.03 billion) repaid with a post-tax net present value (8% discount) of C$3.47 billion based on a $50/Ib uranium price. From years 1-5 average annual production was due to come in at 28.8Mlb of uranium oxide, with average production over the life of mine of 10.7 years of 21.7 MIb/y.
The company laid out plans for a 1,300 t/d mill processing an average feed […]
Meet the Co. That’s Developing Canada’s Premier Shallow High-Grade Uranium Project
Clean, green energy sources are not just a ‘down-the-road’ solution for the future of the global economy moving forward…they are now a dire necessity. The dirty, aging, CO2- emitting fossil fuel industry – even before the COVID-19 outbreak – began to show deep cracks in its long-term future as the planet’s primary facilitator for energy solutions and a bona fide investment long play.
However, one major energy commodity appears to be resisting the general metals & mining market volatility while offering real solutions in the battle against greenhouse gas emissions. Uranium.
Enter Kelowna, BC-based Fission Uranium Corp. (FCU) ( TSX.FCU , OTCMKTS: FCUUF , Forum ). The company owns a 100% interest in the high-grade and near-surface Triple R uranium deposit, located on the southwestern edge of Canada’s mining-renowned Athabasca Basin. As highlighted in its prefeasibility study, Fission’s headline-grabbing project has the potential to be one of the lowest operating cost […]
Uranium Week: Uranium Equities Spike
As the spot uranium price has declined nearly -11% in the last month, prices for uranium shares have risen dramatically.
-Key drivers of uranium equities rally
-Three megatrends supporting uranium
-Spot uranium slides over -7% during 2021A sweeping rise in the share prices of current and prospective uranium producers has drawn widespread attention in 2021.Share prices for a selection of uranium companies tabled weekly by industry consultant TradeTech have all increased over the last four months, some doubling or tripling in that time.Given the wide variation of assets, production histories and marketing strategies relating to those companies, TradeTech identifies a few key drivers for the share rally .Firstly, there are supply/demand fundamentals as primary production has been significantly curtailed over the last few years. In addition, some investors believe select companies were undervalued, even in an environment where prevailing prices were below the cost of production for […]
GoviEx Announces Change to Board of Directors
GoviEx Uranium Inc. announces that after many years of commitment and support for the Company and its stakeholders, Mr. Matthew Lechtzier and the Hon. Robert Hanson have decided to retire from the Company’s board of directors .”Matthew and Robert have steadfastly supported GoviEx for the past decade helping guide the Company from its early days as an explorer in Niger to a company now moving towards the …
GoviEx Uranium Inc. (TSXV: GXU) (OTCQB: GVXXF) (“GoviEx” or “Company”), announces that after many years of commitment and support for the Company and its stakeholders, Mr. Matthew Lechtzier and the Hon. Robert Hanson have decided to retire from the Company’s board of directors (the “Board”).
“Matthew and Robert have steadfastly supported GoviEx for the past decade helping guide the Company from its early days as an explorer in Niger to a company now moving towards the development-stage with projects in Niger, Zambia and […]
Top global commodity broker Sprott Equity names its pick of ASX uranium stocks
Pic: The Office, NBC share
With the uranium price tipped to run hard this year, one of the most closely-followed global commodity brokers has turned its attention to the ASX uranium sector.
In its first research note on an ASX uranium company for four years, Sprott Equity Research recommends investors buy Boss Energy (ASX: BOE).
Naming Boss as its pick of the ASX uranium sector, Sprott says the company’s Honeymoon project in South Australia is the most advanced of its peer group and ready to go.“We believe Boss has done the most to ensure operational readiness and is our pick of the group,” Sprott says in its research report to clients.“Even better, Boss is trading at a discounted enterprise value-to-pound multiple to the peer group and therefore represents a greater upside in our view.”“The quality and volume of Boss’s study work sets the company apart in our view. Like other […]
URA: The Uranium Rally May Be Getting Ahead Of Itself
Uranium has been one of the top-performing energy and mining market segments over the past few months. The popular Global X Uranium ETF ( URA ) has risen 70% since November of last year and the industry seems to be gaining momentum. The rally came as the major global producer Cameco ( CCJ ) reported a surprise Q4 profit and better than expected revenues . Indeed, Cameco’s production declined 44% YoY which has caused global U308 prices to increase, making many chronically unprofitable miners nearly profitable.
The current rally is one of the strongest for the uranium market in years. Most uranium mining companies have declined since their last bull market in the 2000s that created immense gains for early investors. The ongoing rally has caused many investors to wonder if a similar secular bull-market is in-store. According to the Bank of America , the recent delay in nuclear plant […]