Bullfrog Gold (OTCMKTS:BFGC) versus Fission Uranium (OTCMKTS:FCUUF) Financial Contrast

Bullfrog Gold (OTCMKTS:BFGC) versus Fission Uranium (OTCMKTS:FCUUF) Financial Contrast

Bullfrog Gold ( OTCMKTS:BFGC ) and Fission Uranium ( OTCMKTS:FCUUF ) are both small-cap basic materials companies, but which is the superior business? We will contrast the two companies based on the strength of their valuation, analyst recommendations, risk, profitability, earnings, institutional ownership and dividends.

Valuation & Earnings

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This table compares Bullfrog Gold and Fission Uranium’s gross revenue, earnings per share (EPS) and valuation. Risk & Volatility Bullfrog Gold has a beta of 1.24, indicating that its share price is 24% more volatile than the S&P 500. Comparatively, Fission Uranium has a beta of 2.78, indicating that its share price is 178% more volatile than the S&P 500. Profitability This table compares Bullfrog Gold and Fission Uranium’s net margins, return on equity and return on assets. Net Margins Return on Equity Return on Assets Bullfrog Gold N/A N/A -256.13% Fission Uranium N/A -1.53% -1.50% […]

Skyharbour Resources Expands Maverick East Zone with Additional High Grade Uranium Discovered in the Basement Rocks and Announces Upcoming Winter 2021 Drill Program

Skyharbour Resources Expands Maverick East Zone with Additional High Grade Uranium Discovered in the Basement Rocks and Announces Upcoming Winter 2021 Drill Program

VANCOUVER, British Columbia, Jan. 07, 2021 (GLOBE NEWSWIRE) — Skyharbour Resources Ltd. (TSX-V: SYH) (OTCQB: SYHBF) (Frankfurt: SC1P ) (the “Company”) is pleased to announce the remaining results from its 2020 fall diamond drilling program at its 100% owned, 35,705 hectare Moore Uranium Project, located approximately 15 kilometres east of Denison Mine’s Wheeler River project and proximal to regional infrastructure for Cameco’s Key Lake/McArthur River operations in the Athabasca Basin, Saskatchewan. In addition to the previously announced hole ML20-09 which returned 0.72% U 3 O 8 over 17.5 metres from 271.5 metres to 289.0 metres, drillhole ML20-12 returned another broad zone of sandstone and basement-hosted uranium mineralization from 268.1 metres to 286.0 metres downhole. This intercept returned 0.28% U 3 O 8 over 17.9 metres and contained a basal high grade basement intercept of 1.09% U 3 O 8 over 2.5 metres. Up to 2.3% Cu was intersected in […]

Analysts Mean recommendation for Uranium Energy Corp. (UEC) was 1.70: Is this the key time?

Let’s start up with the current stock price of Uranium Energy Corp. (UEC), which is $1.71 to be very precise. The Stock rose vividly during the last session to $1.93 after opening rate of $1.92 while the lowest price it went was recorded $1.68 before closing at $1.93.

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Even if you’re not actively in crypto, you deserve to know what’s actually going on…Because while leading assets such as Bitcoin (BTC) and Ethereum (ETH) are climbing in value, a select group of public “crypto stocks” are surging right along with them. More importantly, these stocks are outpacing the returns these leading crypto assets […]

Energy Fuels Inc. CEO Discusses Newly Released Sustainability Report and Entry Into Rare Earths Production for 2021

NEW YORK, Jan. 13, 2021 (GLOBE NEWSWIRE) — via NetworkNewsAudio — Energy Fuels Inc. (NYSE American: UUUU) (TSX: EFR) today announces that its President and CEO, Mark Chalmers, has been featured in an exclusive audio interview with NetworkNewsWire (“NNW”), a financial news and content distribution company and one of 50+ brands in the InvestorBrandNetwork (“IBN”). During the interview, Chalmers discussed Energy Fuel’s very active 2020 despite the COVID-19 pandemic and the company’s recently released Sustainability Report, as well as providing a bright outlook for 2021.

Chalmers said Energy Fuels has been preparing to enter a new business in 2021 – the commercial production of rare earths.

“We are first and foremost a uranium producer, the largest producer of uranium in the United States. We also announced in April we’re entering the rare earth sector. We just recently announced that we secured a supply agreement with The Chemours Company for the purchase […]

Uranium Market Size 2021 By Analysis, Manufacturers, Regions, Type and Application, and Forecasts to 2027

Uranium Market Size 2021 By Analysis, Manufacturers, Regions, Type and Application, and Forecasts to 2027

Fort Collins, Colorado – Report on Uranium Market effectively provides key characteristics of the global investment market, population analysis, companies planning mergers and acquisitions, and concerned or new vendors in the review of research institutes reputable global markets. The Uranium Report by QY Research describes the comprehensive market study covering overview, production, manufacturers, dimensions, revenue, price, consumption, growth rate, sales, import, sourcing, export, future plans and technological advancement for the detailed study of the Uranium Market. Although it allows inexpensive reports readily available, tailor-made research by a team of experts. This report primarily focuses on the consumer and retail sectors.

Download Exclusive Sample PDF along with few company profiles @ https://reportsglobe.com/download-sample/?rid=75501

The Uranium Market report comprises various chapters listing the participants which are playing a significant role in the global Uranium Market growth. This section of the report displays the statistics of major players in the international market, including […]

Why Uranium Energy Corp. (UEC)’s Most Recent Report Reveals Some Hints About Its Future

Why Uranium Energy Corp. (UEC)’s Most Recent Report Reveals Some Hints About Its Future

Uranium Energy Corp. (AMEX:UEC) went down by -11.40% from its latest closing price compared to the recent 1-year high of $2.17. The company’s stock price has collected -7.07% of loss in the last five trading sessions. Press Release reported on 12/22/20 that (PR) United States Congress Provides Funding to Establish the U.S. Uranium Reserve and a Legislative Backstop for Recently Extended Russian Uranium Import Limits Is It Worth Investing in Uranium Energy Corp. (AMEX :UEC) Right Now?

Plus, the 36-month beta value for UEC is at 2.24. 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.”

The average price from analysts is $2.23, which is $0.74 above the current price. UEC currently public float of 184.82M and currently […]

Global uranium resources sufficient for the foreseeable future

Global uranium resources sufficient for the foreseeable future

Image: Gerd Altmann©Pixabay.com Sufficient uranium resources exist to support the long-term, sustainable use of nuclear energy for low-carbon electricity generation as well as for other uses such as industrial heat applications and hydrogen production.

However, the impact of the ongoing COVID-19 pandemic on the industry and recent reductions in uranium production and exploration could affect available supplies.

Timely investment in innovative mining and processing techniques would help assure that uranium resources are brought to market when they are needed.

Read more about uranium These are among the main findings of the latest edition of Uranium – Resources, Production and Demand , also known as the ‘Red Book’, an essential global reference prepared jointly by the OECD Nuclear Energy Agency (NEA) and the International Atomic Energy Agency (IAEA).The Red Book presents the most recent review of uranium market fundamentals, based in large part on official government information, and offers a statistical […]

Resources Top 5: Investors eye ‘value’ stocks as gold, hydrogen, lithium, and uranium bull markets loom

Resources Top 5: Investors eye ‘value’ stocks as gold, hydrogen, lithium, and uranium bull markets loom

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Citigold has been trying to get mammoth 14moz Charter Towers gold project developed for decades

Sleepy $40m Chinese explorer Energy Metals has uranium projects in the Northern Territory and WA

Hexagon Energy Materials announced intention to buy NT hydrogen play Ebony Energy in December Here’s your top ASX small cap resources winners in morning trade Tuesday, January 12. CITIGOLD CORP (ASX:CTO) Citigold has been trying to get the mammoth high grade Charter Towers gold project in Queensland up and running for decades, to no avail.In December 2011, the minnow had 330,000oz of gold in reserve (high confidence) and 10 million ounces in resource (lower confidence).In January 2020, it has 620,000oz in reserve (at a lower ore grade) and 14 million ounces in resource.Which is massive, but not much has changed from a development perspective. The consensus is that uranium is due to boom, and […]

Report: World’s uranium resources enough for the foreseeable future

Report: World’s uranium resources enough for the foreseeable future

Image: Gerd Altmann©Pixabay.com Sufficient uranium resources exist to support the long-term, sustainable use of nuclear energy for low-carbon electricity generation as well as for other uses such as industrial heat applications and hydrogen production.

However, the impact of the ongoing COVID-19 pandemic on the industry and recent reductions in uranium production and exploration could affect available supplies.

Timely investment in innovative mining and processing techniques would help assure that uranium resources are brought to market when they are needed.

These are among the main findings of the latest edition of Uranium – Resources, Production and Demand , also known as the ‘Red Book’, an essential global reference prepared jointly by the OECD Nuclear Energy Agency (NEA) and the International Atomic Energy Agency (IAEA).The Red Book presents the most recent review of uranium market fundamentals, based in large part on official government information, and offers a statistical profile of the global uranium […]

Uranium Participation Corporation Reports Estimated Net Asset Value and Uranium Sales at December 31, 2020

Uranium Participation Corporation Reports Estimated Net Asset Value and Uranium Sales at December 31, 2020

View PDF Uranium Participation Corporation Reports Estimated Net Asset Value and Uranium Sales at December 31, 2020 (CNW Group/Uranium Participation Corporation) On the last trading day of December 2020, the common shares of UPC closed on the TSX at a value of CAD$4.91, which represents a 0.41% discount to the net asset value of CAD$4.93 per share.

On April 14, 2020, UPC announced that it had received approval from the TSX to acquire for cancellation, by way of a normal course issuer bid (‘NCIB’), up to 12,301,750 common shares of the Corporation, during the period from April 16, 2020 to April 15, 2021. During the month of December 2020, the Corporation repurchased 616,860 shares under the NCIB.

In addition, during the month of December 2020, the Corporation completed a transaction to sell the conversion component contained in 100,000 KgU as UF 6 for 261,285 pounds of U 3 O 8 and […]

Uranium Energy (NYSEAMERICAN:UEC) Price Target Lowered to $3.30 at HC Wainwright

Uranium Energy (NYSEAMERICAN:UEC) Price Target Lowered to $3.30 at HC Wainwright

Uranium Energy Corp. logo Uranium Energy (NYSEAMERICAN:UEC) had its price target cut by HC Wainwright from $3.50 to $3.30 in a research report released on Thursday morning, Anlyst Ratings reports. They currently have a buy rating on the basic materials company’s stock.

Several other research firms have also weighed in on UEC. Roth Capital restated a buy rating and set a $2.40 target price (down previously from $2.90) on shares of Uranium Energy in a report on Thursday, November 12th. BidaskClub upgraded shares of Uranium Energy from a buy rating to a strong-buy rating in a report on Wednesday, December 30th. Finally, Canaccord Genuity began coverage on shares of Uranium Energy in a report on Wednesday, October 14th. They set a buy rating and a $1.50 target price on the stock. One analyst has rated the stock with a hold rating, three have issued a buy rating and one has […]

Fund manager tips 2 booming ASX miners for 2021 uranium bull market

Fund manager tips 2 booming ASX miners for 2021 uranium bull market

ASX uranium shares are once again becoming a hot topic. Somewhat ironically, investing in uranium miners is controversial in Australia. I say that because Australia is believed to have the world’s largest uranium resources. At least for resources that are recoverable at a reasonable cost. Yet with no nuclear power generation of its own, and no nuclear-powered naval vessels, many Aussie investors view uranium as a dangerous energy source best relegated to the last century.

Now there are good reasons to be cautious around uranium. It can, after all, be enriched for use in nuclear missiles. And the waste remains radioactive for many centuries.

On the flipside, however, uranium produces power without any carbon emissions. And in a world intent on de-carbonising without turning off the power, some analysts are forecasting a fresh bull run for uranium. The case for a 2021 uranium bull market

Ben Cleary is a portfolio manager […]

Australia down to two uranium mines after ERA confirms Ranger mine’s production halt

Australia down to two uranium mines after ERA confirms Ranger mine’s production halt

Yellow cake or uranium concentrate is in a supply squeeze as mine production shuts down. Image: Getty share

Ranger uranium mine’s operator ERA has confirmed it has halted processing operations

BHP’s Olympic Dam and Quasar Resources’ Four Mile are Australia’s only operating uranium mines

ASX uranium explorers poised to benefit from Ranger’s closure The uranium market’s supply side tightened by another notch this week with Energy Resources of Australia (ASX:ERA) , a Rio Tinto subsidiary, halting uranium oxide processing at its Ranger mine site on Friday.The move at Ranger is in line with the mine’s planned gradual winding down of production over the past several years as it heads towards a permanent closure .“Uranium oxide processing at Ranger concludes today, January 8, as required by the Ranger Authority,” said ERA in an ASX statement.The company said it had enough stockpiled ore on its run-of-mine pad to support processing up […]

Standard Uranium Commences Trading on the OTCQB Venture Market and Announces Grant of Stock Options

Standard Uranium Commences Trading on the OTCQB Venture Market and Announces Grant of Stock Options

VANCOUVER, British Columbia, Jan. 06, 2021 — Standard Uranium Ltd. (“Standard Uranium” or the “Company”) (TSX-V:STND) (OTCQB:STTDF) (Frankfurt:FWB:9SU) is pleased to announce that it has received approval from the OTC Market Group Inc. to commence trading on the OTCQB Venture Market under the ticker symbol “STTDF” at the opening of the trading day on January 6, 2021. Standard Uranium’s shares will continue to trade on the TSX Venture Exchange.

The OTCQB offers transparent trading in entrepreneurial and development stage companies that have met a minimum bid price test, are current in their financial reporting and have undergone an annual verification and management certification process. These standards provide a strong baseline of transparency, as well as the technology and regulation to improve the information and trading experience for investors.

“Standard Uranium is excited to be listing on the OTCQB Venture Market. We believe a secondary listing on this market will provide the […]

Skyharbour Expands Maverick East Zone with Additional High Grade Uranium Discovered in the ...

Skyharbour Expands Maverick East Zone with Additional High Grade Uranium Discovered in the …

VANCOUVER, British Columbia, Jan. 07, 2021 (GLOBE NEWSWIRE) — Skyharbour Resources Ltd. (TSX-V: SYH) (OTCQB: SYHBF) (Frankfurt: SC1P ) (the “Company”) is pleased to announce the remaining results from its 2020 fall diamond drilling program at its 100% owned, 35,705 hectare Moore Uranium Project, located approximately 15 kilometres east of Denison Mine’s Wheeler River project and proximal to regional infrastructure for Cameco’s Key Lake/McArthur River operations in the Athabasca Basin, Saskatchewan. In addition to the previously announced hole ML20-09 which returned 0.72% U3O8 over 17.5 metres from 271.5 metres to 289.0 metres, drillhole ML20-12 returned another broad zone of sandstone and basement-hosted uranium mineralization from 268.1 metres to 286.0 metres downhole. This intercept returned 0.28% U3O8 over 17.9 metres and contained a basal high grade basement intercept of 1.09% U3O8 over 2.5 metres. Up to 2.3% Cu was intersected in clay-altered lithologies nearly 100 metres below the unconformity in […]

ASX company stops Kakadu uranium production

ASX company stops Kakadu uranium production

Energy Resources of Australia Limited (ASX: ERA) on Friday will end all uranium mining and processing at the mine completely surrounded by Kakadu National Park. The move comes 40 years after mining within the Northern Territory’s famous region started amid controversy. Uranium is used as fuel for nuclear power generation. The site of ERA’s Ranger mine had long been known to Indigenous peoples as a place that would cause radiation sickness.

The fierce public debate in the 1970s over extracting such a sensitive material from an environmentally and culturally significant area triggered many downstream impacts.

Among those was the very creation of the Kakadu National Park itself in 1979 in an attempt to protect the remaining area. Uranium mining started in 1980.

Since then ERA has produced more than 132,000 tonnes of uranium oxide from the Ranger mine.Majority shareholder Rio Tinto Limited (ASX: RIO) , which has endured its own controversy this […]

Skyharbour Expands Maverick East Zone with Additional High Grade Uranium Discovered in the Basement Rocks and Announces Upcoming Winter 2021 Drill Program

VANCOUVER, Jan. 07, 2021 – Skyharbour Resources Ltd. (TSX-V: SYH) (OTCQB: SYHBF) (Frankfurt:SC1P) (the “Company”) is pleased to announce the remaining results from its 2020 fall diamond drilling program at its 100% owned, 35,705 hectare Moore Uranium Project, located approximately 15 kilometres east of Denison Mine’s Wheeler River project and proximal to regional infrastructure for Cameco’s Key Lake/McArthur River operations in the Athabasca Basin, Saskatchewan. In addition to the previously announced hole ML20-09 which returned 0.72% U 3 O 8 over 17.5 metres from 271.5 metres to 289.0 metres, drillhole ML20-12 returned another broad zone of sandstone and basement-hosted uranium mineralization from 268.1 metres to 286.0 metres downhole. This intercept returned 0.28% U 3 O 8 over 17.9 metres and contained a basal high grade basement intercept of 1.09% U 3 O 8 over 2.5 metres. Up to 2.3% Cu was intersected in clay-altered lithologies nearly 100 metres below […]

Standard Uranium Commences Trading on the OTCQB Venture Market and Announces Grant of Stock Options

VANCOUVER, British Columbia, Jan. 06, 2021 (GLOBE NEWSWIRE) — Standard Uranium Ltd. (“Standard Uranium” or the “Company”) (TSX-V:STND) (OTCQB:STTDF) (Frankfurt:FWB:9SU) is pleased to announce that it has received approval from the OTC Market Group Inc. to commence trading on the OTCQB Venture Market under the ticker symbol “STTDF” at the opening of the trading day on January 6, 2021. Standard Uranium’s shares will continue to trade on the TSX Venture Exchange.

The OTCQB offers transparent trading in entrepreneurial and development stage companies that have met a minimum bid price test, are current in their financial reporting and have undergone an annual verification and management certification process. These standards provide a strong baseline of transparency, as well as the technology and regulation to improve the information and trading experience for investors.

"Standard Uranium is excited to be listing on the OTCQB Venture Market. We believe a secondary listing on this market will […]

Uranium Energy (NYSEAMERICAN:UEC) Stock Price Up 5.4%

Uranium Energy (NYSEAMERICAN:UEC) Stock Price Up 5.4%

Uranium Energy logo Uranium Energy Corp. (NYSEAMERICAN:UEC)’s share price rose 5.4% during trading on Wednesday . The company traded as high as $1.97 and last traded at $1.94. Approximately 3,997,883 shares changed hands during mid-day trading, an increase of 8% from the average daily volume of 3,699,494 shares. The stock had previously closed at $1.84.

UEC has been the subject of several research reports. Roth Capital reaffirmed a “buy” rating and set a $2.40 price target (down previously from $2.90) on shares of Uranium Energy in a research note on Thursday, November 12th. Canaccord Genuity initiated coverage on Uranium Energy in a research note on Wednesday, October 14th. They set a “buy” rating and a $1.50 price target for the company. Finally, BidaskClub raised Uranium Energy from a “buy” rating to a “strong-buy” rating in a research note on Wednesday, December 30th. One equities research analyst has rated the stock […]

Skyharbour Expands Maverick East Zone with Additional High Grade Uranium Discovered in the Basement Rocks and Announces Upcoming Winter 2021 Drill Program

VANCOUVER, British Columbia, Jan. 07, 2021 (GLOBE NEWSWIRE) — Skyharbour Resources Ltd. (TSX-V: SYH) (OTCQB: SYHBF) (Frankfurt: SC1P ) (the “Company”) is pleased to announce the remaining results from its 2020 fall diamond drilling program at its 100% owned, 35,705 hectare Moore Uranium Project, located approximately 15 kilometres east of Denison Mine’s Wheeler River project and proximal to regional infrastructure for Cameco’s Key Lake/McArthur River operations in the Athabasca Basin, Saskatchewan. In addition to the previously announced hole ML20-09 which returned 0.72% U 3 O 8 over 17.5 metres from 271.5 metres to 289.0 metres, drillhole ML20-12 returned another broad zone of sandstone and basement-hosted uranium mineralization from 268.1 metres to 286.0 metres downhole. This intercept returned 0.28% U 3 O 8 over 17.9 metres and contained a basal high grade basement intercept of 1.09% U 3 O 8 over 2.5 metres. Up to 2.3% Cu was intersected in […]

Standard Uranium Commences Trading on the OTCQB Venture Market and Announces Grant of Stock Options

VANCOUVER, British Columbia, Jan. 06, 2021 (GLOBE NEWSWIRE) — Standard Uranium Ltd. (“Standard Uranium” or the “Company”) (TSX-V: STND ) (OTCQB:STTDF) (Frankfurt:FWB:9SU) is pleased to announce that it has received approval from the OTC Market Group Inc. to commence trading on the OTCQB Venture Market under the ticker symbol “STTDF” at the opening of the trading day on January 6, 2021. Standard Uranium’s shares will continue to trade on the TSX Venture Exchange.

The OTCQB offers transparent trading in entrepreneurial and development stage companies that have met a minimum bid price test, are current in their financial reporting and have undergone an annual verification and management certification process. These standards provide a strong baseline of transparency, as well as the technology and regulation to improve the information and trading experience for investors.

"Standard Uranium is excited to be listing on the OTCQB Venture Market. We believe a secondary listing on this […]

Uranium Hexafluoride Market Survey Report 2020 Along with Statistics, Forecasts till 2026

The offers an in-depth evaluation of each crucial aspect of the Global Uranium Hexafluoride industry that relates to market size, share, revenue, demand, sales volume, and development in the market. The report analyzes the Uranium Hexafluoride market over the values, historical pricing structure, and volume trends that make it easy to predict growth momentum and precisely estimate forthcoming opportunities in the Uranium Hexafluoride Market. The report explores the current outlook in global and key regions () from the perspective of players, countries (), product types, and end industries.

and Other.

Nuclear Fuel

OthersU235U226U240–Comprehensive assessment of all opportunities and risks in the Uranium Hexafluoride Market. –Uranium Hexafluoride Market recent innovations and major events. –A detailed study of business strategies for the growth of the Uranium Hexafluoride Market market-leading players. –Conclusive study about the growth plot of Uranium Hexafluoride Market for forthcoming years. –In-depth understanding of Uranium Hexafluoride Market, market-particular drivers, constraints, and major […]

Fission Appoints Former McArthur River GM as VP Project Development

Fission Appoints Former McArthur River GM as VP Project Development

TSX SYMBOL: FCU OTCQX SYMBOL: FCUUF FRANKFURT SYMBOL: 2FU Fission Uranium Corp. is pleased to announce that it has appointed uranium mining expert, Gary Haywood P.Eng., as VP Project Development. Mr. Haywood is a professional Mining Engineer with 35 years’ experience, including seven years with Cameco as General Manager at the McArthur River and Senior Mine Engineer at the Eagle Point uranium mining operations in …

TSX SYMBOL: FCU
OTCQX SYMBOL: FCUUF
FRANKFURT SYMBOL: 2FU

Fission Uranium Corp. (“Fission” or the “Company”) is pleased to announce that it has appointed uranium mining expert, Gary Haywood P.Eng., as VP Project Development. Mr. Haywood is a professional Mining Engineer with 35 years’ experience, including seven years with Cameco as General Manager at the McArthur River and Senior Mine Engineer at the Eagle Point uranium mining operations in Saskatchewan, Canada . He will be responsible for taking the lead […]

International Consolidated Uranium Secures Equity Interest in Meliadine Gold Ltd., Owner of the Kuulu Gold Project in Nunavut

VANCOUVER, BC, Jan. 6, 2021 /CNW/ – International Consolidated Uranium Inc. (" CUR " or the " Company ") (TSXV: CUR ) is pleased to announce that it has entered into an agreement (the " Termination Agreement ") with Meliadine Gold Ltd. ( "MGL" ) to terminate the existing amended and restated earn-in agreement (the "Earn-In Agreement" ) dated February 2, 2017 between the Company and MGL relating to the Kuulu Gold Project in Nunavut.

The key terms of the Termination Agreement are: Termination Payment – CUR is entitled to receive a termination payment from MGL, payable through the issuance of 2,000,000 shares of MGL

Private Placement – CUR has agreed to purchase 1,500,000 units of MGL (" Units ") at a price of $0.10 per Unit for aggregate consideration of $150,000. Each Unit is comprised of one common share and one half warrant exercisable at $0.10 per share […]

Peninsula Energy is positioning for a uranium recovery: Canaccord Genuity

Peninsula Energy is positioning for a uranium recovery: Canaccord Genuity

In August, the US Democrats endorsed nuclear energy for the first time in 48 years as part of its ‘technology-neutral’ approach to decarbonising the power sector. After almost a decade of underinvestment, frailties in uranium supply are becoming evident. Peninsula Energy Ltd ( ASX:PEN ) received a speculative buy rating and a 15 cents per share risked price target from Canaccord Genuity in December.

Canaccord Genuity is the global capital markets division of Canaccord Genuity Group Inc ( TSE:CF ).

Canaccord sees the potential for a robust development opportunity for Peninsula’s Lance Projects in Wyoming, US assuming a recovery in uranium prices.

The following is an extract from Canaccord’s initiation report on Peninsula: US uranium leverage Peninsula Energy (PEN) is focused on transitioning to a low pH operation at its uranium Lance Projects located in Wyoming, US which currently has a Mineral Resource totalling 51Mt at 479ppm U3O8 for 53.6Mlb U3O8. […]