Lithium rolled relentlessly forward for a long time. But it was not only been stopped in its tracks but pushed backwards in April. Picture: Getty Images Uranium has gone into May with a spring in its step, while lithium looks battle scarred after a steep fall in April. Here are the month’s winners and losers.

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Uranium (Numerco)

Price: $US53.75/lb Change: +5.91 per centIs this the time uranium finally breaks out of its $US50/lb box?Yellowcake has finally put on a small, measured run, lifting by $US3/lb in the last week of April, after almost four months of stagnation.The conditions for a big lift in uranium prices, akin to that seen in the manic days of the mid-2000s, are re-emerging if you listen to the bulls.The case for the energy commodity is that we are […]

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For Immediate Release

Chicago, IL – May 2, 2023 – Zacks.com announces the list of stocks and ETFs featured in the Analyst Blog. Every day the Zacks Equity Research analysts discuss the latest news and events impacting stocks and the financial markets. ETFs recently featured in the blog include: iPatha.B Sugar Subindex TR ETN SGG , Sprott Junior Uranium Miners ETF URNJ , Bitwise Bitcoin Strategy Optimum Roll ETF BITC , Advisorshares Pure US Cannabis ETF MSOS and KrraneShares Global Carbon Offset Strategy ETF KSET . Here are highlights from Monday’s Analyst Blog:

Top-Performing ETF Areas of Last Week

Wall Street offered a moderate performance last week with the S&P 500 (up 0.9%), the Dow Jones (up 0.9%), the Nasdaq (up 1.3%), the Russell 2000 (down 1.3%) returning in the range of down 1.3% to up 1.3%. Presently, Wall Street is preoccupied with the earnings season and has […]

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(via TheNewswire) Vancouver, British Columbia –TheNewswire -May 02, 2023–Cosa Resources Corp. (CSE:COSA) (“Cosa Resources” or the “Company”) is pleased to announce the acquisition of the 100% owned Astro uranium exploration property in the Eastern Athabasca Basin, Saskatchewan.

Highlights Astro covers 20 kilometres strike length of electromagnetic (EM) conductors which are untested by drilling

Strong potential exists to develop significant additional conductive strike with low-cost airborne surveying

The 40,025-hectare project was acquired by low-cost staking and is 100% owned by Cosa Resources with no encumbrances Keith Bodnarchuk, President & CEO, commented:“We are thrilled to add Astro to Cosa’s portfolio of underexplored magnetic low corridors in the Athabasca Basin. Astro is another result of our efforts to acquire projects with potential for Tier 1 discoveries. Cosa is preparing to initiate significant exploration programs on multiple properties in our portfolio and we are eager to share our plans and results […]

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Cautionary Statements & References

This presentation and the information contained herein is designed to help you understand management’s current views, and may not be appropriate for other purposes. This presentation contains third-party information, such as the uranium market, other issuers, provincial and federal infrastructure and regulations, etc., derived from third-party publications and reports which Denison believes are reliable but have not been independently verified by the Company.

Certain information contained in this presentation constitutes "forward-looking information", within the meaning of the United States Private Securities Litigation Reform Act of 1995 and similar Canadian legislation concerning the business, operations and financial performance and condition of Denison. Generally, these forward-lookingstatements can be identified by the use of forward-lookingterminology such as "plans", "expects", "budget", "scheduled", "estimates", "forecasts", "intends", "anticipates", or "believes", or the negatives and / or variations of such words and phrases, or state that certain actions, events or results "may", "could", "would", […]

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Business Overview

The following discussion and analysis by management is designed to provide information that we believe is necessary for an understanding of our financial condition, changes in financial condition, and results of our operations and should be read in conjunction with the audited financial statements and MD&A contained in our Annual Report on Form 10-K for the year ended December 31, 2022. Incorporated on March 22, 2004, Ur-Energy is an exploration stage issuer, as that term is defined by the SEC. We are engaged in uranium recovery and processing activities, including the acquisition, exploration, development and operation of uranium mineral properties in the U.S. We are operating our first in situ recovery uranium facility at our Lost Creek Project in Wyoming. Ur-Energy is a corporation continued under the Canada Business Corporations Act on August 8, 2006. Our common shares are listed on the TSX under the symbol "URE" and […]

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querbeet Investment Thesis

Cameco Corporation (NYSE: CCJ ) is the sort of investment that I recommend for investors that are bullish on uranium but are not actively seeking high volatility in their investment.

After all, Cameco contracts out its uranium volumes, meaning that if uranium prices were to plummet or rapidly rise, Cameco would continue to tick along nicely.

On the back of its Westinghouse Electric acquisition , Cameco is now a fully integrated producer/electrical utility. Rapid Recap In my previous Cameco analysis , as we headed into earnings I discussed the dynamics of supply and demand facing uranium. I stand by what I articulated before and won’t needlessly repeat it now.Instead, I’ll highlight this quote from Cameco’s earnings call that I believe best articulates my overall argument. We understand that to create long-term value and provide supply reliability for our customers. We must build homes for our production under long-term […]

Click here to view original web page at seekingalpha.com

Get all the essential market news and expert opinions in one place with our daily newsletter. Receive a comprehensive recap of the day’s top stories directly to your inbox. Sign up here! ( Kitco News ) – Cameco (TSX: CCO ) (NYSE: CCJ ), one of the largest global producers of uranium fuel, today reported net earnings of C$119 million and adjusted net earnings of C$115 million for Q1 2023, compared to net earnings of C$40 million and adjusted net earnings of C$17 million in Q1 2022.

The company said its Q1 2023 results are a result of higher deliveries and higher average realized prices in both the uranium and fuel services segments "as we continue the transition to our tier-one cost structure.”

"In our uranium segment, our average realized price was 11% higher than the same period last year, and in our fuel services segment average realized prices were 9% […]

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

The uranium market sprang back into action last week following a global conference.

-Spot U3O8 market action returns
-Term market also active
-Uranium miners issue glowing results
-China continues to build reactors apace
There’s nothing like a global conference to rev up the action in uranium markets.The month of April saw very little action in the spot market as buyers and sellers remained stuck on either side of the spread, refusing to budge. But when market participants returned from the World Nuclear Fuel Cycle 2023 conference held in The Hague up to April 20, it was all hands on deck.Nine transactions were completed in the last week of the month, industry consultant TradeTech reports, totalling 900,000lbs U3O8 equivalent. Not only were the usual suspects back in trading, utilities also joined in after eschewing the spot market in past months.The sellers had the edge, with TradeTech’s weekly spot price indicator […]

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

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( MENAFN – PR Newswire) NYSE American:EU
TSXV:EU
CORPUS CHRISTI, Texas, May 1, 2023 /PRNewswire/ – enCore Energy Corp. (NYSE American: EU) (TSXV: EU) (the " Company " or " enCore" ) announced today that it has made its first delivery into one of the Company’s four previously announced contracted uranium sales agreements. This delivery of 200,000 pounds U3O8 represents the first portion of the annual deliveries into the 5-year agreement (announced on August 4, 2021) which covers 2 million pounds U3O8 of uranium with significant delivery flexibility for market related pricing. The Company successfully acquired uranium under favorable pricing terms in 2022 from a third party and delivered it into this agreement using current spot market pricing indicators to establish the sales price.Paul Goranson, enCore Energy Chief Executive Officer said, "As enCore continues to execute on our pipeline to production […]

Click here to view original web page at menafn.com

CORPUS CHRISTI, Texas, May 1, 2023 /PRNewswire/ – enCore Energy Corp. (NYSE American: EU) (TSXV: EU) (the " Company " or " enCore" ) announced today that it has made its first delivery into one of the Company’s four previously announced contracted uranium sales agreements. This delivery of 200,000 pounds U 3 O 8 represents the first portion of the annual deliveries into the 5-year agreement (announced on August 4, 2021) which covers 2 million pounds U 3 O 8 of uranium with significant delivery flexibility for market related pricing. The Company successfully acquired uranium under favorable pricing terms in 2022 from a third party and delivered it into this agreement using current spot market pricing indicators to establish the sales price. enCore Energy Logo (CNW Group/enCore Energy Corp.) Paul Goranson, enCore Energy Chief Executive Officer said, "As enCore continues to execute on our pipeline to production strategy, it […]

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Mr. Dev Randhawa reports:

Kelowna, British Columbia–(Newsfile Corp. – April 28, 2023) – F3 Uranium Corp. (TSXV: FUU) (OTCQB: FUUFF) (" F3 Uranium " or the " Company ") announces that, further to its press releases dated April 18, 2023 in connection with a proposed bought deal private placement (the " Brokered Private Placement ") for gross proceeds of C$8,000,000 and a proposed concurrent non-brokered private placement for gross proceeds of up to an additional C$2,000,000 (the " Non-Brokered Private Placement ", and together with the Brokered Private Placement, the " Private Placements "), the common shares underlying (i) the 17,021,277 flow-through units of the Company (each, a " FT Unit "), and up to an additional 4,255,319 FT Units if the over-allotment option is exercised for up to additional gross proceeds of C$2,000,000, to be issued pursuant to the Brokered Private Placement; and (ii) up to an additional 4,255,319 […]

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NYSE American:EU
TSXV:EU
www.encoreuranium.com

CORPUS CHRISTI, Texas, May 1, 2023 /PRNewswire/ – enCore Energy Corp. (NYSE American: EU) (TSXV: EU) (the " Company " or " enCore" ) announced today that it has made its first delivery into one of the Company’s four previously announced contracted uranium sales agreements. This delivery of 200,000 pounds U 3 O 8 represents the first portion of the annual deliveries into the 5-year agreement (announced on August 4, 2021) which covers 2 million pounds U 3 O 8 of uranium with significant delivery flexibility for market related pricing. The Company successfully acquired uranium under favorable pricing terms in 2022 from a third party and delivered it into this agreement using current spot market pricing indicators to establish the sales price.

Paul Goranson, enCore Energy Chief Executive Officer said, "As enCore continues to execute on our pipeline to production strategy, it is also […]

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

One cannot ignore the unusually large options trading on the stocks of Cameco Co. (NYSE: CCJ) (TSE: CCO) on Thursday, as traders purchased a staggering 384,705 call options. This is an astronomical increase of 1,490% compared to the typical daily volume of 24,198 call options. This has definitely been no small feat in the world of finance and investments.

The market capitalization of Cameco at present stands at $11.52 billion, with a PE ratio of 156.54 and a PEG ratio of 0.47. The beta of the company is 0.94 which implies that it is less volatile than the market as a whole.

The company maintains a prudent financial position evidenced by its low debt-to-equity ratio of 0.17 and strong liquidity ratios with a quick ratio of 4.74 and current ratio at 5.92 – this puts investors’ minds at ease.

Looking into its underlying fundamentals, Cameco’s fifty-day moving average price rests at $26.04 […]

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Management’s Discussion & Analysis

For the year ended December 31, 2022

2

Set out below is management’s assessment and analysis of the results of operations and financial condition of enCore Energy Corp. and its subsidiaries ("enCore", or the "Company") for the years ended December 31, 2022 and 2021. The following information is prepared as of April 28, 2023 and should be read in conjunction with the consolidated financial statements for the years ended December 31, 2022 and 2021, and the accompanying notes thereto, which have been prepared in accordance with International Financial Reporting Standards ("IFRS"). All dollar figures included in this management’s discussion and analysis ("MD&A") are quoted in United States dollars unless otherwise indicated. Additional information related to the Company is available on SEDAR at www.sedar.com.This MD&A contains certain statements that may be deemed "forward-looking statements". Information set forth may involve forward- looking statements under applicable securities laws. These statements are […]

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Uranium Energy (UEC) closed at $2.61 in the latest trading session, marking a +1.16% move from the prior day. The stock outpaced the S&P 500’s daily gain of 0.83%. Elsewhere, the Dow gained 0.8%, while the tech-heavy Nasdaq added 4.46%.

Heading into today, shares of the uranium mining and exploration company had lost 11.03% over the past month, lagging the Basic Materials sector’s gain of 0.87% and the S&P 500’s gain of 4.04% in that time.

Uranium Energy will be looking to display strength as it nears its next earnings release. On that day, Uranium Energy is projected to report earnings of -$0.02 per share, which would represent a year-over-year decline of 166.67%.

For the full year, our Zacks Consensus Estimates are projecting earnings of -$0.02 per share and revenue of $113.95 million, which would represent changes of -200% and +391.99%, respectively, from the prior year.Any recent changes to analyst estimates for […]

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Mr. Jordan Trimble reports:

Vancouver, BC, April 27, 2023 (GLOBE NEWSWIRE) — Skyharbour Resources Ltd. (TSX-V: SYH ) (OTCQ X : SYHBF ) (Frankfurt: SC1P ) (the “Company”) is pleased to announce that it has acquired 100% of the South Dufferin Uranium Project (“South Dufferin” or the “Project”) from Denison Mines Corp. (“Denison”). The South Dufferin Project comprises 12,282 hectares (30,349 acres) over nine claims in the Athabasca Basin, which is host to the highest-grade uranium deposits in the world and is consistently ranked as a top mining jurisdiction by the Fraser Institute.

South Dufferin Property Map:

The new properties recently staked along with South Dufferin bring Skyharbour’s total land package that it has ownership interest in to 504,356 hectares (1,246,290 acres), across twenty-four properties, representing one of the largest project portfolios in the region. As the Company remains focused at its ongoing 10,000m drill program at the Russell Lake […]

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

Skyharbour Resources Ltd. (TSX-V: SYH ) (OTCQX: SYHBF ) (Frankfurt: SC1P ) (the “Company”) is pleased to announce that it has acquired 100% of the South Dufferin Uranium Project (“South Dufferin” or the “Project”) from Denison Mines Corp. (“Denison”). The South Dufferin Project comprises 12,282 hectares (30,349 acres) over nine claims in the Athabasca Basin, which is host to the highest-grade uranium deposits in the world and is consistently ranked as a top mining jurisdiction by the Fraser Institute.

South Dufferin Property Map:

https://skyharbourltd.com/_resources/images/South-Dufferin-Property-Map.jpg

The new properties recently staked along with South Dufferin bring Skyharbour’s total land package that it has ownership interest in to 504,356 hectares (1,246,290 acres), across twenty-four properties, representing one of the largest project portfolios in the region. As the Company remains focused at its ongoing 10,000m drill program at the Russell Lake project, South Dufferin will become a part of Skyharbour’s prospect generator […]

Click here to view original web page at greatreporter.com

Mr. Dev Randhawa reports:

Kelowna, British Columbia–(Newsfile Corp. – April 28, 2023) – F3 Uranium Corp. (TSXV: FUU) (OTCQB: FUUFF) (" F3 Uranium " or the " Company ") announces that, further to its press releases dated April 18, 2023 in connection with a proposed bought deal private placement (the " Brokered Private Placement ") for gross proceeds of C$8,000,000 and a proposed concurrent non-brokered private placement for gross proceeds of up to an additional C$2,000,000 (the " Non-Brokered Private Placement ", and together with the Brokered Private Placement, the " Private Placements "), the common shares underlying (i) the 17,021,277 flow-through units of the Company (each, a " FT Unit "), and up to an additional 4,255,319 FT Units if the over-allotment option is exercised for up to additional gross proceeds of C$2,000,000, to be issued pursuant to the Brokered Private Placement; and (ii) up to an additional 4,255,319 […]

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

Vancouver, BC, April 27, 2023 (GLOBE NEWSWIRE) — Skyharbour Resources Ltd. (TSX-V: SYH ) (OTCQ X : SYHBF ) (Frankfurt: SC1P ) (the “Company”) is pleased to announce that it has acquired 100% of the South Dufferin Uranium Project (“South Dufferin” or the “Project”) from Denison Mines Corp. (“Denison”). The South Dufferin Project comprises 12,282 hectares (30,349 acres) over nine claims in the Athabasca Basin, which is host to the highest-grade uranium deposits in the world and is consistently ranked as a top mining jurisdiction by the Fraser Institute.

South Dufferin Property Map:
https://skyharbourltd.com/_resources/images/South-Dufferin-Property-Map.jpg

The new properties recently staked along with South Dufferin bring Skyharbour’s total land package that it has ownership interest in to 504,356 hectares (1,246,290 acres), across twenty-four properties, representing one of the largest project portfolios in the region. As the Company remains focused at its ongoing 10,000m drill program at the Russell Lake project, […]

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

Kelowna, British Columbia–(Newsfile Corp. – April 27, 2023) – F3 Uranium Corp ( TSXV: FUU ) ( OTCQB: FUUFF ) (" F3 Uranium " or the " Company ") is pleased to announce it has engaged Gina Capital LP. of Wadestown Wellington New Zealand to work on their German Investor Engagement campaign. Gina Capital will provide investor relations and consulting services with a focus on the German stock market and the German-speaking investor community. The services include the preparation of articles and coverages on several financial platforms and newsletters. Services will also include the translation and distribution of news releases in Germany. This program will be for a period of 3 months, commencing May 1, 2023. Upon TSXV approval, Gina Capital will invoice F3 an upfront amount of EUR 150,000.

F3 Uranium also announces it has engaged Red Cloud Financial Services Inc. (" Red Cloud ") on an exclusive basis, […]

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Mr. Jordan Trimble reports:

Vancouver, BC, April 27, 2023 (GLOBE NEWSWIRE) — Skyharbour Resources Ltd. (TSX-V: SYH ) (OTCQ X : SYHBF ) (Frankfurt: SC1P ) (the “Company”) is pleased to announce that it has acquired 100% of the South Dufferin Uranium Project (“South Dufferin” or the “Project”) from Denison Mines Corp. (“Denison”). The South Dufferin Project comprises 12,282 hectares (30,349 acres) over nine claims in the Athabasca Basin, which is host to the highest-grade uranium deposits in the world and is consistently ranked as a top mining jurisdiction by the Fraser Institute.

South Dufferin Property Map:

The new properties recently staked along with South Dufferin bring Skyharbour’s total land package that it has ownership interest in to 504,356 hectares (1,246,290 acres), across twenty-four properties, representing one of the largest project portfolios in the region. As the Company remains focused at its ongoing 10,000m drill program at the Russell Lake […]

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

Vancouver, BC, April 27, 2023 (GLOBE NEWSWIRE) — Skyharbour Resources Ltd. (TSX-V: SYH ) (OTCQ X : SYHBF ) (Frankfurt: SC1P ) (the “Company”) is pleased to announce that it has acquired 100% of the South Dufferin Uranium Project (“South Dufferin” or the “Project”) from Denison Mines Corp. (“Denison”). The South Dufferin Project comprises 12,282 hectares (30,349 acres) over nine claims in the Athabasca Basin, which is host to the highest-grade uranium deposits in the world and is consistently ranked as a top mining jurisdiction by the Fraser Institute.

South Dufferin Property Map:
https://skyharbourltd.com/_resources/images/South-Dufferin-Property-Map.jpg

The new properties recently staked along with South Dufferin bring Skyharbour’s total land package that it has ownership interest in to 504,356 hectares (1,246,290 acres), across twenty-four properties, representing one of the largest project portfolios in the region. As the Company remains focused at its ongoing 10,000m drill program at the Russell Lake project, […]

Click here to view original web page at finance.yahoo.com

Traction Uranium Corp provided a promising update on the completed Hearty Bay research program focused on the core samples derived from the winter 2022 diamond drill program on its flagship property in Alberta’s Athabasca region.

The research project on the radiation-induced defects in quartz is a novel uranium vectoring technique pioneered by Yuanming Pan, a professor and research scientist at the University of Saskatchewan. Pan is also a member of Traction Uranium’s technical advisory committee.

“We are thankful for the hard work and dedicated effort Dr Pan’s team has put into the Hearty Bay research program,” Traction Uranium CEO Lester Esteban said in a statement.

“Having the results indicate uranium-bearing fluids have passed through three boreholes confirms that we are on the right track to discovery and helps guide our team in vectoring in on the source of the historic high grade uranium boulder trains discovered at Isle Brochet.”The research program will […]

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

All too easy. Via Getty share

Guy on Rocks’ is a Stockhead series looking at the significant happenings of the resources market each week. Former geologist and experienced stockbroker Guy Le Page, director, and responsible executive at Perth-based financial services provider RM Corporate Finance, shares his high conviction views on the market and his “hot stocks to watch”. Market Ructions: All quiet on the Western Front

A relatively quiet week if the VIX index (figure 1) is anything to go by which closed at under 17 well below the 5 year mean and median. Major indices were also little moved as US, European and UK PMI figures came in higher than expected. The US came in at 53.5 (consensus 51.2) while Europe came in at 54.4 (consensus 53.7).

The market is now waiting for what looks like an almost certain interest rate rise next week around the 25-basis point mark […]

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Highly Prospective, Untested Conductive Anomalies and Magnetic Highs Exist Across the Entire 14.5 km Mineralized Strike Length Within the Apex Property

April 26, 2023 ( Source ) – Kraken Energy Corp. ( CSE: UUSA) (OTCQB: UUSAF ) (the “ Company ” or “ Kraken Energy “) is pleased to report on the interpretation of recently flown 669 line-kilometer (“km”) (416 mile) VTEM™ and magnetic airborne geophysical survey on its 100%-owned Apex Property (“ Apex ” or the “ Property “) in Central Nevada.

Conductive graphite and sulphides (pyrite and chalcopyrite) are associated with uranium mineralization on the Property, and the VTEM™ survey results have identified numerous conductive anomalies associated with known uranium mineralization on the Property and also along trend to the east-southeast as high priority blind targets.

Highlights: Known uranium mineralization on the Property is associated with conductive anomalies and magnetic highs. Uranium mineralization at the past-producing Apex and […]

Click here to view original web page at investorintel.com