We recently compiled a list of 7 Best Uranium Stocks To Buy According to Hedge Funds . In this article, we will look at where Cameco (NYSE:CCJ) ranks among the best uranium stocks to buy according to hedge funds. Uranium Market Outlook

According to a report by the World Nuclear Association, the uranium market is a complex and cyclical industry, with prices fluctuating based on demand and supply. In recent years, primary production from mines has supplied around 90% of the requirements of power utilities, with the remaining 10% coming from secondary sources such as ex-military material, recycling, and stockpiles. The demand for uranium is driven by the need for fuel to power nuclear reactors. There are currently around 440 reactors worldwide, with a combined capacity of around 390 GWe. These reactors require around 80,000 tonnes of uranium oxide concentrate each year, which contains around 67,500 tonnes of […]

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In This Article:

DNN +0.54%

UEC 0.00%

We recently compiled a list of 7 Best Uranium Stocks To Buy According to Hedge Funds . In this article, we will look at where Denison Mines (NYSE:DNN) ranks among the best uranium stocks to buy according to hedge funds. Uranium Market Outlook According to a report by the World Nuclear Association, the uranium market is a complex and cyclical industry, with prices fluctuating based on demand and supply. In recent years, primary production from mines has supplied around 90% of the requirements of power utilities, with the remaining 10% coming from secondary sources such as ex-military material, recycling, and stockpiles. The demand for uranium is driven by the need for fuel to power nuclear reactors. There are currently around 440 reactors worldwide, with a combined capacity of around 390 GWe. These reactors require around 80,000 tonnes of uranium […]

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Pic: Getty Images. Don’t miss out on the headlines from Stockhead. Followed categories will be added to My News. Yellowcake hits attractive investment point as spot prices dip to around the US$80/lb mark

Paladin up again today as takeover dispute resumes in Canadian court

Sprott sees long-term uranium price rise as demand to continue for years to come

The recent broad-based selling of uranium, political uncertainty in the US and a price correction in the uranium spot price have all contributed to stagnating the market and prompting investors to sit on the sidelines, and these temporary measures mask long-term growth potential, according to global investment manager Sprott. Jacob White, the analyst’s ETC (exchange-traded commodity) product manager, said that despite these recent headwinds, uncertainty around yellowcake is beginning to lift as investors refocus on its strong long-term fundamentals. Price increases and Russia sanctions lead to supply uncertainty […]

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Source: Shutterstock We can readily understand why investors are attracted to unprofitable companies. For example, although software-as-a-service business Salesforce.com lost money for years while it grew recurring revenue, if you held shares since 2005, you’d have done very well indeed. Nonetheless, only a fool would ignore the risk that a loss making company burns through its cash too quickly.

So, the natural question for Fission Uranium ( TSE:FCU ) shareholders is whether they should be concerned by its rate of cash burn. In this article, we define cash burn as its annual (negative) free cash flow, which is the amount of money a company spends each year to fund its growth. We’ll start by comparing its cash burn with its cash reserves in order to calculate its cash runway.

View our latest analysis for Fission Uranium How Long Is Fission Uranium’s Cash Runway?

A company’s cash runway is calculated […]

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VANCOUVER, British Columbia – September 26, 2024 – Generation Uranium Inc. (the “Company” or “Generation”) ( TSXV:GEN ) ( OTCQB:GENRF ) ( FSE:W85 ) is pleased to announce it has applied for a multi-year permit application for drilling and camp use to the Land Use Permit office through Crown-Indigenous Relations and Northern Affairs Canada for approval on its flagship Yath Uranium Project (“Yath”) in Nunavut, Canada. The Company intends to commence a comprehensive range of activities at Yath upon receipt of drilling permit. image 1 2 Generation Uranium Files Drilling Permit for Its Flagship Yath Uranium Project in Nunavut The 123.45 km Yath Project is Generation’s flagship uranium project located in the Yathkyed Basin. The Basin is renowned for hosting uranium mineralization comparable in scale to the Athabasca Basin in the Canadian Shield of northern Saskatchewan and Alberta, Canada, and McArthur district in Australia. Previous surface sampling includes recorded […]

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View Important Disclosures for this Article

Uranium

When you hear NEWS LIKE THIS that an always-functional part of the infamous Three Mile Island nuclear power plant is slated to be restarted by Constellation Energy Group (CEG:NYSE) — with tech giant Microsoft its sole dedicated customer for the next 20 years — you know that uranium/nuclear power is BACK! We have known that for a while, of course. For a fair stretch over the last few years, in fact, our recommendations in this space represented our greatest sector exposure, and we profited nicely as a result.

Having pared back our ETF exposure most notably a while back to long in some gains ahead of the sector’s months-long consolidation, I’ve watched as the news has continued to point to uranium being in the early innings of this new bull market. Yet the markets have been yawning . . . until now. As […]

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Pic: Getty Images. share

Yellowcake hits attractive investment point as spot prices dip to around the US$80/lb mark

Paladin up again today as takeover dispute resumes in Canadian court

Sprott sees long-term uranium price rise as demand to continue for years to come The recent broad-based selling of uranium, political uncertainty in the US and a price correction in the uranium spot price have all contributed to stagnating the market and prompting investors to sit on the sidelines, and these temporary measures mask long-term growth potential, according to global investment manager Sprott. Jacob White, the analyst’s ETC (exchange-traded commodity) product manager, said that despite these recent headwinds, uncertainty around yellowcake is beginning to lift as investors refocus on its strong long-term fundamentals. Price increases and Russia sanctions lead to supply uncertainty “Following the Fed’s recent 50 basis point cut, Sprott believes the market’s attention will turn […]

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Vancouver, British Columbia–(Newsfile Corp. – September 26, 2024) – Standard Uranium Ltd. (TSXV: STND) (OTCQB: STTDF) (FSE: 9SU0) (" Standard Uranium " or the " Company ") is pleased to announce that it has signed a property acquisition agreement (the " Acquisition Agreement ") with Mustang Energy Corp. (CSE: MEC) (" Mustang " or the " Purchaser "), an arms-length party, on the Brown Lake Project in the eastern Athabasca Basin region of northern Saskatchewan (Figure 1).

In accordance with the terms of the Acquisition Agreement, the Company will transfer ownership of a 90% interest in the Brown Lake Project to Mustang in consideration for 60,000 common shares of Mustang. Following the transfer, Mustang will be responsible for all expenses associated with maintaining and developing the Project, and the Company will retain a 10% carried interest.

Key Highlights: Standard Uranium retains a 10% free carried interest in the Brown Lake […]

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TORONTO, Sept. 25, 2024 (GLOBE NEWSWIRE) — PTX Metals Inc. (CSE: PTX) (OTCQB: PANXF, Frankfurt: 9PX) (“PTX” or the “Company”), a minerals exploration Company focused on high-quality gold, copper, nickel and PGE projects that are of fundamental importance to powering the global green and digital economy, located in northern Ontario, is pleased to provide an update on recent project and corporate activities related to its subsidiary Green Canada Corporation (“GCC”) of which PTX has a 51% equity ownership.

During the past six months GCC has analyzed historical exploration results in the region and acquired by way of low-cost claims staking a large mineral rights position in the Thelon Basin Nunavut, Canada and the prospective Baker Lake and Amer Lake uranium districts (the “Nunavut Uranium Claims” or the “Claims”). The Claims package, totaling 324 km 2 , contains fertile and highly prospective geological terranes capable of hosting uranium deposits as seen […]

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In the latest trading session, Uranium Energy (UEC) closed at $6.43, marking a -0.31% move from the previous day. The stock’s performance was behind the S&P 500’s daily loss of 0.19%. At the same time, the Dow lost 0.7%, and the tech-heavy Nasdaq gained 0.04%.

Shares of the uranium mining and exploration company have appreciated by 21.7% over the course of the past month, outperforming the Basic Materials sector’s gain of 3.7% and the S&P 500’s gain of 1.95%.

The investment community will be paying close attention to the earnings performance of Uranium Energy in its upcoming release. Meanwhile, the latest consensus estimate predicts the revenue to be $27 million, indicating a 30.68% decrease compared to the same quarter of the previous year.

Investors should also note any recent changes to analyst estimates for Uranium Energy. These revisions typically reflect the latest short-term business trends, which can change frequently. As a result, […]

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VANCOUVER, British Columbia, Sept. 25, 2024 (GLOBE NEWSWIRE) — SAGA Metals Corp. (“ TSXV: SAGA ”) (“ SAGA ” or the “ Company ”), a North American exploration company focused on critical mineral discovery in Canada, is pleased to announce the successful closing of its initial public offering (IPO) and provide updates on its major projects. SAGA shares began trading on the TSX Venture Exchange (TSXV) under the symbol “SAGA” on September 24, 2024.

A Strategic Focus on Critical Minerals in North America

SAGA is dedicated to advancing North America’s critical mineral supply for the global green energy transition. The company owns four 100%-owned properties in Canada targeting high-demand minerals, including uranium , lithium , titanium , vanadium , and iron ore . These minerals are essential for renewable energy technologies, and SAGA’s diverse portfolio places the company at the forefront of critical mineral exploration.

Map of SAGA Metals […]

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Junior explorer inks earn-in at large Namibian project. Pic: Getty Images Don’t miss out on the headlines from Stockhead. Followed categories will be added to My News. Star Minerals has signed an earn-in agreement to acquire up to 51% of the Cobra uranium project in Namibia by spending US$3.95 million over three years.

Special Report : Star Minerals is firing up the drills to progress the Cobra uranium project in Namibia after sealing its earn-in agreement with Madison Metals. Cobra currently has a foreign equivalent resource estimate of 15.6Mt at 260ppm uranium oxide (U3O8) for 9 million pounds of U3O8, and is located within 25km of the two largest operating uranium mines in Namibia.

Star plans to grow the highly prospective project by first ensuring JORC compliance then upgrading the resource estimate.

Following the announcement of the farm-in and joint venture to acquire up to 51% […]

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Infini Resources’ Talus prospect in the Canadian province of Newfoundland and Labrador has revealed high-grade uranium in soil samples. A globally-renowned glacial geology expert has confirmed that high-grade uranium mineralisation found in soil samples at Infini Resources’ Portland Creek project in Canada has been derived from the site and not glacially-transported.

Dr Martin Ross, who has authored or co-authored 86 research publications in the field, conducted a desktop analysis at the site to provide a better understanding of the geology within the project area – particularly at the Talus prospect where lab-busting soil grades were found to be running up to 74,997 parts per million uranium oxide in July.

Management says it engaged Dr Ross to determine the likelihood of its uranium in soils being linked to potential glacial movement and to confirm its working exploration model prior to undertaking diamond drilling activities at the project ground in the province of […]

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Vancouver, British Columbia–(Newsfile Corp. – September 24, 2024) – Standard Uranium Ltd. (TSXV: STND) (OTCQB: STTDF) (FSE: 9SU) (" Standard Uranium " or the " Company ") is pleased to announce the expansion via low-cost staking of the Corvo uranium exploration project in the eastern Athabasca Basin region, northern Saskatchewan. The Company has strategically added three new mineral claims to the Project increasing the size of Corvo from 7,989 hectares to 12,265 hectares, providing a high-value uranium project available for option.

With the addition of three new mineral dispositions to the Corvo project (as described below; Figure 1), the Company now has ownership interests in eleven exploration properties, totalling over 220,432 acres across the uranium-rich Athabasca Basin.

Key Highlights: Expansion of the Corvo Project adds an additional 4,276 ha and 14.8 km of exploration strike length along three strong NE-SW magnetic low trends coincident with EM conductors and cross-cutting faults […]

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Source: iStock Key Points

Global financial institutions including Goldman Sachs, Citi and Bank of America pledged support for tripling global nuclear energy capacity by 2050, potentially easing financing challenges for the sector

Microsoft’s 20-year deal with Constellation Energy to restart a nuclear reactor demonstrates nuclear power’s value in meeting AI-driven energy demands

ASX-listed uranium stocks surged on the news, likely compounded by short covering The uranium sector is running hot again after fourteen of the world’s largest banks and financial institutions pledged to increase their support for nuclear energy on Monday.This adds further momentum for the uranium sector, after Baltimore-based Constellation signed its largest-ever power purchase agreement with Microsoft. The deal seeks to resurrect a unit of the Three Mile Island nuclear power plant in Pennsylvania, which shut down five years ago. Two market moving catalysts At a New York event on Monday, major financial institutions including Goldman Sachs, […]

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Highlights

Are you looking for signals & alerts from pro-traders? Sign-up to Invezz Signals™ for FREE . Takes 2 mins. Transformational opportunity to acquire up to a 70% interest in 10 highly-prospective uranium projects in the Athabasca Basin and collaborate with Denison Mines (TSX: DML, NYSE American: DNN)

Foremost Lithium to change its name to Foremost Clean Energy Ltd.

David Cates, Denison’s President and CEO, is expected to join Foremost’s Board of Directors VANCOUVER, British Columbia, Sept. 24, 2024 (GLOBE NEWSWIRE) — Foremost Lithium Resource & Technology Ltd. ( NASDAQ: FMST ) ( CSE: FAT ) (“ Foremost Lithium ”, “ Foremost ” or the “ Company ”) is pleased to announce today that it has executed a property acquisition agreement (the “ Option Agreement ”) with Denison Mines Corp. (“ Denison ”), which grants Foremost an option to acquire up to 70% of Denison’s […]

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Nuclear power plant by night — Photo Microsoft Co. NASDAQ: MSFT signed a 20-year power purchase agreement with Constellation Energy Co. NASDAQ: CEG . The clean electricity will come from a revived nuclear reactor formerly known as Three Mile Island Unit 1, renamed Crane Clean Energy Center. Constellation plans to invest $1.3 billion to revive the 835 MW nuclear reactor pending permits and authorization from the Nuclear Regulatory Commission. The restart is expected in 2028, and Constellation seeks a license renewal that will extend operations for at least another 26 years.

While terms of the deal were not disclosed, Constellation Energy has stated that it is the largest power purchase agreement in history. In reaction, Constellation Energy’s stock surged 22.29% on the news. This news rocked the oil/energy sector as uranium stocks also saw a boost in anticipation of the increased demand for uranium. Here are three uranium stocks that […]

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Weekly Reports | 10:00 AM

Hyperscaler Microsoft follows Amazon into a major nuclear energy supply contract but this fails to lift activity and price enthusiasm in the spot market. Paladin’s Fission acquisition in question; Lotus Resources scoping study reveals higher costs and global banks commit to nuclear funding.

-Spot uranium market remains in the doldrums
-International Atomic Energy Agency forecasts on the up
-Is Lotus the new Paladin? -Financing drought breaks -Short sellers lift positions Lack of activity becalms spot market In what transpired as another listless week of activity, industry consultants TradeTech report the spot market experienced a lack-of-buying interest, with downward pressure on the U308 price, as sellers sought to attract buying interest.The spot price declined -US$0.75 to US$79.25 with a further 50,000lb transactioned after the close of market on Friday at US$79lb.TradeTech explains the disconnect between the spot market and the more bullish longer-term scenario […]

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CSE: CTOC
OTCQB: CTCGF
www.c2cmetals.com

VANCOUVER, BC, Sept. 23, 2024 /CNW/ – C2C Metals Corp. (CSE: CTOC) (OTCQB: CTCGF) (the "Company" or "C2C) announced today that the Company has staked 3 properties covering over 2,000 acres with known historical occurrences in the Colorado portion of the prolific Uravan Mining District. The Uravan Mining District of Utah and Colorado hosts the Uravan Mineral Belt, a 70-mile (110km) zone of uranium-vanadium deposits in San Miguel, Montrose, and Mesa counties, Colorado, and Grand County, Utah with a history of 80 million pounds of uranium production and over 400 million pounds of vanadium production since 1945. The Company also announces that its common shares are now eligible for electronic clearing and settlement in the United States through the Depository Trust Company ("DTC"). Mum Project The Mum project is located in Montrose County, Colorado and consists of 3 separate claim blocks lying west of […]

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ASX 200 futures are trading 68 points lower, down 0.83% as of 8:30 am AEST.

The stock market took a breather last Friday as rate-cut euphoria faded, FedEx reported earnings well-below market expectations – flashing a warning on the economy, uranium stocks rally after Microsoft announces an agreement to restart a 835MW nuclear facility in Pennsylvania and gold tops US$2,600 for the first time on record.

Let’s dive in. Overnight Summary

Mon 23 Sep 24, 8:25am (AEST) Name Value % Chg Major Indices S&P 500 5,703 -0.19% Dow Jones 42,063 +0.09% NASDAQ Comp 17,948 -0.36% Russell 2000 2,228 -1.10% Country Indices Canada 23,867 +0.00% China 2,737 +0.03% Germany 18,720 -1.49% Hong Kong 18,259 +1.36% India 84,544 +1.63% Japan 37,724 +1.53% United Kingdom 8,230 -1.19% Name Value % Chg Commodities (USD) Gold 2,646.2 +1.21% Iron Ore 91.93 -0.11% Copper 4.343 -0.09% WTI Oil 71.0 -1.32% Currency AUD/USD 0.6806 -0.10% Cryptocurrency […]

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Interest in uranium stocks is blowing up.

Uranium stocks are glowing green on Friday, and they have Constellation Energy to thank for it. This morning, the electric utility giant announced plans to restart Unit 1 at the Three Mile Island nuclear power plant by 2028, in order to supply power to Microsoft data centers.

In no time flat, shares of uranium mining stocks such as Energy Fuels , Uranium Energy , and Denison Mines began powering up. None went so far as Cameco Corporation ( CCJ 8.08%), however, which as of 11:10 a.m. ET is gaining 8%. NYSE: CCJ

CamecoToday’s Change(8.08%) $3.32Current Price$44.40CCJ Key Data Points Market Cap$19BDay’s Range$43.25 – $44.9552wk Range$35.18 – $56.24Volume10,165,371Avg Vol3,864,600Gross Margin23.54%Dividend Yield0.20% Why Cameco stock is glowing green today It’s no great mystery why. A big electric utility is restarting a nuclear plant, and that plant will need uranium to generate power. Uranium miners […]

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TD Securities has recently initiated Uranium Energy Corp. (UEC) stock to Speculative Buy rating, as announced on September 13, 2023, according to Finviz . Earlier, on June 13, 2022, Canaccord Genuity had raised the stock from a Hold to Speculative Buy. Canaccord Genuity also reduced Hold rating. Additionally, Canaccord Genuity initiated Speculative Buy rating on October 14, 2020, with a target price of $1.50. ROTH Capital analysts, in their report published on October 25, 2017, also initiated Buy rating and set a price target of $3 for Uranium Energy Corp.’s stock. Analyst ratings are significant because they provide insights into stock performance expectations, influencing investor decisions and market sentiment. Sponsored

On Thursday, Uranium Energy Corp. (UEC) stock saw a modest uptick, ending the day at $5.32 which represents a slight increase of $0.34 or 6.83% from the prior close of $4.98. The stock opened at $5.23 and touched a low […]

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HIGHLIGHTS: ATHA Energy has expanded its land package at the Angilak Project, acquiring the entire prospective Lac 50 structural corridor and an additional prospective parallel corridor. Both prospective corridors are related to the Snowbird Tectonic Zone, a deep crustal structure that extends from the Athabasca Basin, host to some of the largest and highest-grade uranium deposits globally, through to the Angikuni Basin, which hosts the Lac 50 Uranium Deposit.

The Company has staked an additional 69,704 hectares within 48 mineral claims, with the Angilak Project now 158,447 hectares in size.

The Angilak Project is host to the Lac 50 Uranium Deposit (the “ Lac 50 Trend ”), one of the largest high-grade deposits outside of the Athabasca Basin, with a historical mineral resource estimate of 43.3M lbs at an average grade of 0.69% U 3 O 8 . 1 Drilling conducted by Latitude Uranium at the Angilak Project in […]

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Lotus Minerals Letlhakane Uranium Project Scoping Studies

WRITTEN BY Aaliyah Rogan

Lotus Resources (ASX:LOT) says the results of its recent Scoping Study have confirmed that its Letlhakane Project in Botswana is a “ long-life, high-value ” uranium asset.

The study confirms an economically viable 15-year operation under a range of uranium price scenarios, producing 3 million pounds each year.Lotus says the base case scenario estimates an initial capital requirement for the mine’s life totalling US$465 million ($687.4 million), and pre-production capital of US$23.5 million.The base case scenario is based on a price of US$80 per pound of triuranium octoxide, while other scenarios were based on revenue factors equivalent to US$65 per pound and US$100 per pound.As of today, the uranium spot price is sitting at US$79.50 per pound, according to Trading Economics.CEO Greg Bittar says the Scoping Study demonstrates Letlhakane’s merit as the company’s second, longer life uranium […]

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September 19, 2024 7:00 AM EDT | Source: Standard Uranium Ltd.

Vancouver, British Columbia–(Newsfile Corp. – September 19, 2024) – Standard Uranium Ltd. (TSXV: STND) (OTCQB: STTDF) (FSE: 9SU) (“ Standard Uranium ” or the “ Company “) is pleased to announce a summary of analytical results from the inaugural spring 2024 drill program at its 7,302-hectare Canary Project (“ Canary ” or “the Project “) highlighting localized anomalous uranium and pathfinder elements typical of basement-hosted uranium deposits. Canary is situated in the prolific eastern Athabasca Basin, northern Saskatchewan (Figure 1).

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The Project is currently under a three-year earn-in option agreement (the “ Option Agreement “) with Mamba Exploration Limited. (“ Mamba “). Pursuant to the Option Agreement, Mamba has been granted an option (the “ Option “) to […]

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