JacobH Unlike the price of U 3 O 8 , Uranium Energy Corp.’s (NYSE: UEC ) share price has been on a downward trajectory since early February. And the decline only accelerated after Kerrisdale Capital, an investment management firm, released a Short Report in March, heavily critiquing the company’s management and asset portfolio. The report focused heavily on the size, quality, and stage of development of UEC’s various properties.

In a previous article , I had discussed how UEC needed to bring at least some of its potential productive capacity online within a relatively short timeframe given its high cash burn. I rated the stock a Hold and decided to take a wait and see approach; however, Kerrisdale’s report has prompted me to take a fresh look at the company. In this article, we’ll discuss the report along with UEC’s future prospects. Company Background

UEC is a US-based pre-production uranium […]

Click here to view original web page at seekingalpha.com

Investing News Network

May 16, 2023

ALX Resources Corp. ( TSXV: AL ) (FSE: 6LLN) (OTC: ALXEF) ("ALX" or the "Company") is pleased to update its shareholders on exploration activities carried out on its Athabasca Basin area uranium projects in late 2022 and early 2023.

Bradley Lake Uranium Project ("Bradley Lake") Bradley Lake consists of one claim owned 100% by ALX totaling 1,147 hectares (2,834 acres) situated within the Grease River Shear Zone ("GRSZ") approximately 30 kilometres northwest of Stony Rapids, SK. The GRSZ is a major crustal structural feature that defines the western edge of the Tantato Domain in northern Saskatchewan, and is believed to be structurally-associated with the Fond du Lac uranium deposit located 34 kilometres to the southwest. In 2007, a prospecting program in the Bradley Lake area discovered several significant uranium occurrences in outcrop known as the Bradley West and Bradley East showings, with uranium […]

Click here to view original web page at investingnews.com

Share on Facebook

Tweet on Twitter

( MENAFN – Baystreet.ca) Top Ways to Invest in the New Uranium Bull Market

There’s still plenty of support for uranium, especially with utilities looking to diversify the origin of their uranium supply amid geopolitical developments, as noted by Proactive Investors. We also have to consider that spot prices have been on the run over the last few years, especially with a supply-demand imbalance, and changing sentiment on nuclear energy. All of which is a key catalyst for uranium companies, such as Stallion Discoveries Corp. (TSXV: STUD) (OTCQB: STLNF), S kyharbour Resources (TSXV: SYH) (OTCQX: SYHBF), F3 Uranium (TSXV: FUU) (OTCQB: FUUFF) , NexGen Energy (TSX: NXE) (NYSE: NXE) , and IsoEnergy Ltd. (TSXV: ISO) (OTCQX: ISENF). In addition, according to News Direct,“A secure supply of energy is essential and so uranium will remain a hot topic in 2023 due to its […]

Click here to view original web page at menafn.com

Vancouver, British Columbia–(Newsfile Corp. – May 16, 2023) – ALX Resources Corp. (TSXV: AL) (FSE: 6LLN) (OTC: ALXEF) ("ALX" or the "Company") is pleased to update its shareholders on exploration activities carried out on its Athabasca Basin area uranium projects in late 2022 and early 2023.

Bradley Lake Uranium Project ("Bradley Lake")

Bradley Lake consists of one claim owned 100% by ALX totaling 1,147 hectares (2,834 acres) situated within the Grease River Shear Zone ("GRSZ") approximately 30 kilometres northwest of Stony Rapids, SK. The GRSZ is a major crustal structural feature that defines the western edge of the Tantato Domain in northern Saskatchewan, and is believed to be structurally-associated with the Fond du Lac uranium deposit located 34 kilometres to the southwest. In 2007, a prospecting program in the Bradley Lake area discovered several significant uranium occurrences in outcrop known as the Bradley West and Bradley East showings, with […]

Click here to view original web page at www.juniorminingnetwork.com

Investing News Network

May 15, 2023

Skyharbour Resources Ltd. (TSX-V: SYH ) (OTCQ X : SYHBF ) (Frankfurt: SC1P ) (the "Company") announces that the Company has entered into a consulting agreement with Marco Messina ("Messina"), a German based communications and media services provider, pursuant to which Messina will provide the Company with investor relations services. The consulting agreement has a term of nine (9) months, unless terminated earlier in accordance with its terms. The investor relations services provided by Messina will be in consulting with the Company’s management in building investor awareness of the Company through Messina’s network in Europe. The Company has agreed to pay Messina a total initial cost of EUR $85,000 upon the commencement of services. Messina is at arm’s length from the Company and Messina does not have any interest, direct or indirect, in the Company or its securities. The Company’s engagement of Messina […]

Click here to view original web page at investingnews.com

Global Di-(2-Ethyl Hexyl) phosphoric Acid (D2EHPA) Market Overview :

The Di-(2-Ethyl Hexyl) phosphoric Acid (D2EHPA) market refers to the market for quick-acting packaging solutions. These types of packaging solutions are designed to offer convenient and efficient ways of storing, transporting, and dispensing a variety of products. The Di-(2-Ethyl Hexyl) phosphoric Acid (D2EHPA) market includes a wide range of products which are designed to be easy to use, while also providing effective protection for their contents.

The Di-(2-Ethyl Hexyl) phosphoric Acid (D2EHPA) market has experienced significant growth in recent years, due in part to the increasing demand for convenience in consumer packaging. With consumers leading increasingly busy lives, there is a growing need for packaging solutions that can be quickly and easily opened and closed, without compromising on product quality or safety.

Get sample copy of this report at: https://www.themarketinsights.com/request-sample/304526 The Di-(2-Ethyl Hexyl) phosphoric Acid (D2EHPA) market is highly competitive, with a […]

Click here to view original web page at www.cottonwoodholladayjournal.com

This story features PENINSULA ENERGY LIMITED. For more info SHARE ANALYSIS: PEN

A global survey has found increasing support for nuclear energy within a decarbonisation mix.

-Spot uranium market remains volatile
-Survey finds increasing support for nuclear energy
-Italy looks to jump on -Peninsula Energy stands out Volatility continued in the spot uranium market last week, with prices bouncing around within a range and impacted by choice of delivery location, industry consultant TradeTech reports. Four transactions totalling 540,000lbs U3O8 equivalent were reported.TradeTech’s weekly spot price indicator rose US5c to US$5.40/lb.No transactions were reported in term markets. TradeTech’s term price indicators remain at US$54.00/lb for both mid- and long-term. Popular Support Increasing optimism around the growth and acceptance of nuclear power were reiterated last week with the release of an NGO report The World Wants New Nuclear .The report, notes TradeTech, outlines the results of a recent multinational survey of […]

Click here to view original web page at www.fnarena.com

Meet Management at the 121 Mining Investment Conference in New York

Vancouver, British Columbia–(Newsfile Corp. – May 15, 2023) – CanAlaska Uranium Ltd. (TSXV: CVV) (OTCQX: CVVUF) (FSE: DH7N) ("CanAlaska or the "Company") is pleased to announce that it has now completed the acquisition of the Mel nickel deposit and surrounding mineral claims (Figure 1).

Figure 1 – Mel Project Location

CanAlaska CEO, Cory Belyk, comments, "Completion of this transaction gives CanAlaska and its shareholders a concrete and tangible NI43-101 compliant high-grade sulphide nickel resource in a very prolific nickel belt, located in a stable and secure mining jurisdiction in central Canada. The Mel deposit acquisition perfectly compliments CanAlaska’s existing district-scale nickel portfolio in Manitoba providing the Company with optionality on the path forward to building value for our shareholders. Class 1 nickel deposits of this scale and upside potential are difficult to find as companies seek to position […]

Click here to view original web page at www.juniorminingnetwork.com

Uranium Royalty Corp. ( NASDAQ:UROY – Get Rating ) was the recipient of a large increase in short interest in the month of April. As of April 30th, there was short interest totalling 2,110,000 shares, an increase of 25.6% from the April 15th total of 1,680,000 shares. Approximately 2.6% of the shares of the company are sold short. Based on an average trading volume of 497,100 shares, the days-to-cover ratio is currently 4.2 days. Uranium Royalty Price Performance

Get Uranium Royalty alerts:

NASDAQ UROY traded up $0.03 on Friday, reaching $1.93. The stock had a trading volume of 425,896 shares, compared to its average volume of 536,850. The firm has a fifty day moving average of $2.03 and a two-hundred day moving average of $2.34. Uranium Royalty has a 1-year low of $1.81 and a 1-year high of $3.57. The company has a market cap of $192.38 million, a […]

Click here to view original web page at www.marketbeat.com

NOT FOR DISTRIBUTION TO UNITED STATES NEWS WIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES

CALGARY, Alberta, May 11, 2023 (GLOBE NEWSWIRE) — Traction Uranium Corp. (the “ Company ” or “ Traction ”) ‎(CSE: TRAC; OTCQB: TRCTF; FRA: Z1K) is pleased to announce that it has closed the second and final tranche of a non-brokered private placement offering of units and flow-through units of the Company (the “ Offering ”). The Offering, initially announced on April 12, 2023, comprised both units of the Company (the “ Units ”) and flow-through units of the Company (the “ FT Units ”).‎

On April 20, 2023, the Company announced it had closed the first tranche of the Offering issuing 3,050,000 Units of the Company at a price of $0.40 per Unit for aggregate gross proceeds of $1,220,000. Each Unit consisted of one (1) common share in the capital of the Company (each, […]

Click here to view original web page at stockhouse.com

CORPUS CHRISTI, Texas, May 8, 2023 /PRNewswire/ – enCore Energy Corp. (NYSE: EU ) (TSXV: EU) (the " Company " or " enCore" ) announced today the acquisition of all of the proprietary Prompt Fission Neutron (" PFN ") technology and equipment, including related exclusive intellectual property, and global licensing rights from Energy Fuels Resources (USA) Inc. (" Energy Fuels "), a wholly owned subsidiary of Energy Fuels, Inc. The use and ownership of PFN technology provides enCore with a clear competitive advantage by providing close to real time assays for uranium that cannot be achieved using conventional coring and assay methods. This technology is unavailable to many other uranium exploration and development companies.

The PFN equipment and technology acquired by enCore for $3.1 million USD includes: Associated proprietary intellectual property, including all internal details of the tools, circuit board diagrams, firmware code, software, manuals, instructions;

The sole right to […]

Click here to view original web page at news.google.com

Background

Adequate services, expertise and modern technologies are needed to ensure a sustainable supply of uranium raw materials to fuel both operating and future nuclear power reactors. Effective regulation, sound environmental management, training and education are required to minimize the impact of uranium mining and production and to contribute to public acceptance of the global nuclear industry in general.

In 2005, 2009, 2014 and 2018, the International Atomic Energy Agency (IAEA) hosted International Symposia on Uranium Production and Raw Materials for the Nuclear Fuel Cycle at its Headquarters in Vienna, Austria, to discuss all aspects of uranium raw materials for the uranium fuel cycle to ensure the long term sustainability of nuclear power programmes.

As the historical spot price for uranium has experienced long-term valleys and short term peaks, the industry continually seeks new innovative ways to improve efficiencies in producing uranium. Based on a number of national policies for […]

Click here to view original web page at www.iaea.org

On May 14, 2023, Oppenheimer & Co. Inc. made an eye-catching announcement that they have increased their stake in shares of Cameco Co., the basic materials company listed on both New York Stock Exchange (NYSE) and Toronto Stock Exchange (TSE). According to the Form 13F filing with the Securities and Exchange Commission (SEC), the company boosted its shares by 25.5%, buying an additional 4,242 shares during the quarter, raising their total holdings in Cameco to 20,888 worth $474,000.

Oppenheimer & Co. Inc.’s move has caught many investors’ attention as it highlights a rising interest among hedge funds to invest in Cameco’s stock despite its PE ratio of a staggering 95.55, which is almost three times higher than the industry average of 33. The credit rating agency Moody’s has also recently downgraded the outlook for the uranium mining industry from stable to negative due to concerns about declining demand in nuclear […]

Click here to view original web page at beststocks.com

Oppenheimer & Co. Inc. boosted its stake in shares of Cameco Co. ( NYSE:CCJ – Get Rating ) (TSE:CCO) by 25.5% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 20,888 shares of the basic materials company’s stock after purchasing an additional 4,242 shares during the quarter. Oppenheimer & Co. Inc.’s holdings in Cameco were worth $474,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. 1832 Asset Management L.P. boosted its position in Cameco by 61.9% during the first quarter. 1832 Asset Management L.P. now owns 1,700 shares of the basic materials company’s stock worth $49,000 after purchasing an additional 650 shares during the period. Bogart Wealth LLC bought a new position in Cameco […]

Click here to view original web page at www.marketbeat.com

Vancouver, British Columbia – TheNewswire – May 11, 2023 – Cosa Resources Corp. (CSE:COSA) (“Cosa Resources” or the “Company”) is pleased to announce it has engaged Expert Geophysics Limited (“Expert”) to conduct airborne MobileMT™ surveys at its 100% owned Ursa and Orion uranium projects in the Athabasca Basin.

Highlights Magnetotelluric (MT) survey method capable of detecting basement electromagnetic (EM) conductors and anomalous resistivity zones in the sandstone

Planned surveying totals 2,900 line-kilometres to provide property-wide coverage at Ursa and Orion

Modern geophysical dataset will facilitate identification and prioritization of target areas for follow-up Keith Bodnarchuk, President & CEO, commented: “Cosa’s first pass work at the Ursa and Orion projects demonstrates our commitment to efficiently and effectively exploring these projects for the next major uranium deposit. We are eager to see the results of this survey and work towards drill testing.” Andy Carmichael, VP of Exploration commented: […]

Click here to view original web page at www.juniorminingnetwork.com

Investors are attracted to penny stocks because of the small amount of capital needed for a large amount of exposure and upside potential. On the other hand, penny stocks carry a lot of risk for investors. They are some of the most volatile stocks in the market. It’s not uncommon to see over 50% swings in just a single day.

Penny stocks are best in moderation, as a supplementary piece to an overall investment portfolio. This is because of the inherent risk of huge losses that could happen at any time. But, if you can scale a position properly with a penny stock that has tons of momentum, it has the potential of being an extremely profitable investment.

Having some exposure to penny stocks for their growth potential is good, but don’t be too heavily reliant on them. Below are three different hidden gem penny stocks with huge upside potential. Mullen […]

Click here to view original web page at www.nasdaq.com

Maybe you are sick of hearing this, but it doesn’t make it any less true: it’s a turbulent time for ASX shares at the moment.

With much of the world still struggling with both high inflation and steep interest rate rises, it’s touch-and-go whether some of the largest economies will fall into recession.

In such a time, Bell Direct market analyst Grady Wulff suggests targeting three specific ASX sectors to buy into: energy , retail and healthcare .

“For energy, there is one specific stock in there that we have a really high outlook on,” Wulff said at the Australian Shareholders Association conference this week.“Investors have fled retail stocks… but there’s value in this space when you look for value shopping.”Healthcare has outperformed the market over the last decade, she added, but there are still “quite a few opportunities” right now.So here are three ASX shares from those industries that Wulff and […]

Click here to view original web page at www.fool.com.au

NOT FOR DISTRIBUTION TO UNITED STATES NEWS WIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES

CALGARY, Alberta, May 11, 2023 (GLOBE NEWSWIRE) — Traction Uranium Corp. (the " Company " or " Traction ") ‎TRACTRCTF FRA: Z1K))) is pleased to announce that it has closed the second and final tranche of a non-brokered private placement offering of units and flow-through units of the Company (the " Offering "). The Offering, initially announced on April 12, 2023, comprised both units of the Company (the " Units ") and flow-through units of the Company (the " FT Units ").‎

On April 20, 2023, the Company announced it had closed the first tranche of the Offering issuing 3,050,000 Units of the Company at a price of $0.40 per Unit for aggregate gross proceeds of $1,220,000. Each Unit consisted of one (1) common share in the capital of the Company (each, a " Share […]

Click here to view original web page at www.benzinga.com

Highlights Magnetotelluric (MT) survey method capable of detecting basement electromagnetic (EM) conductors and anomalous resistivity zones in the sandstone

Planned surveying totals 2,900 line-kilometres to provide property-wide coverage at Ursa and Orion

Modern geophysical dataset will facilitate identification and prioritization of target areas for follow-up

Keith Bodnarchuk, President & CEO, commented: “Cosa’s first pass work at the Ursa and Orion projects demonstrates our commitment to efficiently and effectively exploring these projects for the next major uranium deposit. We are eager to see the results of this survey and work towards drill testing.”Andy Carmichael, VP of Exploration commented: “Ursa and Orion contain nearly 75 kilometres of combined strike length of highly underexplored magnetic lows hosting EM conductors. With such a large area to explore, MobileMT results will evaluate prospective corridors in their entirety to identify and prioritize key areas for follow-up.”Planned SurveyApproximately 2,900 line-kilometres of MobileMT surveying […]

Click here to view original web page at www.thenewswire.com

Investing News Network

May 11, 2023

Baselode Energy Corp. ( TSXV: FIND ) (OTCQB: BSENF) ("Baselode" or the "Company") is pleased to announce the closing of the first tranche of its previously announced non-brokered private placement (the "Offering"). Under the first tranche, the Company sold 9,161,811 flow-through units of the Company (the "FT Units") at a price of C$0.48 per FT Unit for gross proceeds to the Company of C$4,397,669 (the "Offering").

Each FT Unit consists of one common share of the Company issued as a "flow-through share" within the meaning of the Income Tax Act (Canada) (each, a " FT Share ") and one half of one common share purchase warrant (each whole warrant, a " Warrant "). Each Warrant will entitle the holder thereof to purchase one common share (each, a " Warrant Share ") at a price of C$0.70 at any time on or before May 11, […]

Click here to view original web page at news.google.com

GoviEx Uranium Inc. (TSXV: GXU) (OTCQB: GVXXF) (‘GoviEx’ or the ‘Company’), is pleased to report that it has closed its previously announced bought deal private placement financing, underwritten by Eight Capital and SCP Resource Finance LP (formerly known as Sprott Capital Partners LP), as lead underwriters and joint bookrunners (collectively, the Underwriters), of 85,714,200 units of the Company (‘Units’), at a price of C$0.175 per Unit for aggregate gross proceeds of C$14,999,985 (the ‘Private Placement’).

Each Unit consists of one Class A common share of the Company (a ‘Common Share’) and one Common Share purchase warrant (each whole warrant, a ‘Warrant’). Each Warrant entitles the holder thereof to purchase one Common Share (a ‘Warrant Share’) at US$0.19 until May 11, 2025.

The Company intends to use the net proceeds of the Private Placement for exploration, engineering and general corporate and working capital purposes.

The Company paid a cash commission equal to 6% […]

Click here to view original web page at www.marketscreener.com

Though 2023 has been called on more than one occasion “the year for uranium”, it nevertheless remains in public consciousness a commodity of some controversy.

History is dotted with nuclear-related incidents — Chernobyl, Fukushima, the Kyshtym disaster — and it’s these moments that spring to mind when we think of uranium. But that is perhaps a testament more to the rigidity of human memory than anything else.

The reality, in fact, is that technological advancements in recent years have made nuclear energy a viable weapon in the fight for reliable green energy. Give me the elevator pitch

The primary force behind uranium’s surge in recent years is climate change. The ability to produce huge quantities of carbon-free power is something entire countries, like South Korea and Japan, are building into their respective energy mixes.Another factor is the influence of supply and demand. Roughly 200 million pounds of uranium was consumed last […]

Click here to view original web page at www.proactiveinvestors.com.au

NOT FOR DISTRIBUTION TO UNITED STATES NEWS WIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES

CALGARY, Alberta, May 11, 2023 (GLOBE NEWSWIRE) — Traction Uranium Corp. (the “ Company ” or “ Traction ”) ‎(CSE: TRAC; OTCQB: TRCTF; FRA: Z1K) is pleased to announce that it has closed the second and final tranche of a non-brokered private placement offering of units and flow-through units of the Company (the “ Offering ”). The Offering, initially announced on April 12, 2023, comprised both units of the Company (the “ Units ”) and flow-through units of the Company (the “ FT Units ”).‎

On April 20, 2023, the Company announced it had closed the first tranche of the Offering issuing 3,050,000 Units of the Company at a price of $0.40 per Unit for aggregate gross proceeds of $1,220,000. Each Unit consisted of one (1) common share in the capital of the Company (each, […]

Click here to view original web page at www.globenewswire.com

Image: Richard de Lisle (pictured), manager of the VT De Lisle America fund Plummeting price to earnings ratios across US consumer cyclicals have created abundant niche opportunities, despite fears of a looming recession.

Richard de Lisle, manager of the VT De Lisle America fund, argued the US market contained various opportunities in niches including boat manufacturers, with Malibu Boats a key pick for the manager.

The firm is particularly attractive to de Lisle as its earnings report has "once again beat expectations", seeing earnings increase by more than 50%.

De Lisle added the manufacturer claims it is seeing "no signs of a slowdown", with the firm currently sitting at a PE ratio of 6.95.He argued that following the pandemic, stocks focused on the outdoors had been performing strongly, and despite boat sales plummeting during the 2008 recession, the post-lockdown surge would be strong enough to maintain sales during a potential recession. […]

Click here to view original web page at www.investmentweek.co.uk

Mr. Govind Friedland reports:

Vancouver, British Columbia–(Newsfile Corp. – May 11, 2023) – GoviEx Uranium Inc. (TSXV: GXU) (OTCQB: GVXXF) (" GoviEx " or the " Company "), is pleased to report that it has closed its previously announced bought deal private placement financing, underwritten by Eight Capital and SCP Resource Finance LP (formerly known as Sprott Capital Partners LP), as lead underwriters and joint bookrunners (collectively, the Underwriters ), of 85,714,200 units of the Company (" Units "), at a price of C$0.175 per Unit for aggregate gross proceeds of C$14,999,985 (the " Private Placement ").

Each Unit consists of one Class A common share of the Company (a " Common Share ") and one Common Share purchase warrant (each whole warrant, a " Warrant "). Each Warrant entitles the holder thereof to purchase one Common Share (a " Warrant Share ") at US$0.19 until May 11, 2025.

The Company intends […]

Click here to view original web page at www.juniorminingnetwork.com