The nuclear energy revolution is here. Are you ready to join the movement? Cameco ( NYSE: CCJ ) is an extraordinary business operating in an industry with solid growth potential. I am bullish on Cameco stock because of the company’s high-conviction mining projects and dividend payments (albeit small) and because CCJ shares are trading at an attractive price now – from a technical perspective.

Cameco is a Canada-based uranium miner. As we’ll discover, CCJ stock has favorable analyst ratings and price targets. Furthermore, Cameco’s position as a leader in the nuclear fuel market is assured because the company controls vast uranium reserves.

Plus, Cameco just marked a production milestone at one of the company’s main uranium assets. First things first, though: To be bullish on CCJ stock, you’ll need to envision the upside in the uranium market So, let’s start with that. The Uranium Supply/Demand Imbalance

Here’s an alarming statistic. […]

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VANCOUVER, BC, Dec. 21, 2022 /CNW/ – Virginia Energy Resources Inc. (TSXV: VUI) ("Virginia Energy" or the "Company") is pleased to announce that it has filed with the applicable Canadian securities regulatory authorities the management information circular and related meeting materials (the " Meeting Materials ") of the Company for use at the special meeting (the "Meeting ") of Virginia Energy shareholders (the " Shareholders ") to be held in connection with the proposed plan of arrangement under the Business Corporations Act (British Columbia) involving, among others, the Company and Consolidated Uranium Inc. (" Consolidated Uranium " or " CUR "), as previously announced on November 15, 2022 (the " Arrangement "). The Company has also mailed copies of the Meeting Materials to Shareholders entitled to vote on the Arrangement at the Meeting.

At the Meeting, Shareholders will be asked to consider and, if thought fit, to approve the Arrangement […]

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Cameco stock gives you exposure to the nuclear market while also paying a small dividend as you wait. The stock also sits at a crucial support level, poised to pop if uranium catches a bid. The nuclear energy revolution is here. Are you ready to join the movement? Cameco ( NYSE: CCJ ) is an extraordinary business operating in an industry with solid growth potential. I am bullish on Cameco stock because of the company’s high-conviction mining projects and dividend payments (albeit small) and because CCJ shares are trading at an attractive price now – from a technical perspective.

Cameco is a Canada-based uranium miner. As we’ll discover, CCJ stock has favorable analyst ratings and price targets. Furthermore, Cameco’s position as a leader in the nuclear fuel market is assured because the company controls vast uranium reserves.

Plus, Cameco just marked a production milestone at one of the company’s main uranium […]

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Three more companies – enCore Energy, Ur Energy and Uranium Energy Corp – have been selected to provide domestically produced uranium to the USA’s federal strategic uranium reserve. At the same time, Ur Energy has announced a ramp-up of production at its operating Lost Creek mine after expansions to its sales agreements. (Image: Pixabay)

The US Department of Energy National Nuclear Security Administration (NNSA) earlier this year issued a solicitation to purchase up to an estimated 1 million pounds (385 tU) of domestically produced U3O8. Last week, Energy Fuels Inc and Peninsula Energy Limited subsidiary Strata Energy Inc announced that they too had received awards from the NNSA under its competitive procurement process to supply uranium to set up the reserve.

Texas-based enCore Energy today said it had been awarded a contract to sell 100,000 pounds U3O8 to the US government at a price of USD70.50 per pound. "As we have […]

Click here to view original web page at www.world-nuclear-news.org

Fortune Bay Corp. ( TSXV: FOR ) (FWB: 5QN) (OTCQX: FTBYF) (" Fortune Bay " or the "Company") is pleased to announce analytical results from its maiden exploration drilling program on the 100% owned Murmac Uranium Project ("Murmac" or the "Project"), located in northern Saskatchewan (see Figure 1).

The drilling program was designed to test regional targets across the Project’s extensive Armbruster, Howland and Pitchvein Conductor Corridors, which have a combined strike length of approximately 30 kilometres.

Shallow, highly elevated concentrations of uranium were confirmed in six (6) of the fifteen (15) drill holes, including 0.18% U 3 O 8 and 0.17% U 3 O 8 from individual assay samples.

The uranium is associated with anomalous levels of "pathfinder" elements that are typically associated with high-grade, basement-hosted deposits in the Athabasca Basin.Results include shallow intersections derived from between 20 and 150 metres below surface within prospective graphitic units associated with favourable structure […]

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The US National Nuclear Security Administration (NNSA) has awarded the final two contracts in relation to the establishment of a strategic uranium reserve for the country. Both enCore Energy Corp (TSXV: EU) as well as Uranium Energy Corp (NYSE: EUC) this morning revealed that they have officially been awarded contracts to supply the Department of Energy with uranium under previously made proposals.

The strategic uranium reserve is a new reserve established by the US government, as a result of increases in the price of uranium and the importance of uranium for domestic nuclear power plants. In establishing the reserve, the US Congress allotted funding to the tune of $75 million for the establishment of the reserve, with any uranium purchased required to have been provided by a vendor that has “produced uranium at a domestic uranium recovery facility at any time since 1 January 2009.”

The first request for proposal (RFP) […]

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Uranium Energy Corp. (AMEX:UEC) price is hovering higher on Monday, December 19, jumping 1.91% above its previous close.

A look at today’s price movement shows that the recent level at last check reads $3.14, with intraday deals fluctuating between $3.02 and $3.25. The company’s 5Y monthly beta was ticking 2.13 while its P/E ratio in the trailing 12-month period read 241.54. Taking into account the 52-week price action we note that the stock hit a 52-week high of $6.60 and 52-week low of $2.34. The stock subtracted -19.07% on its value in the past month.

5 Undervalued Stocks For 2023

Approximately 544 miles north of Las Vegas lies what’s been dubbed "the biggest lithium deposit in the US." One tiny company stands to be the biggest beneficiary because lithium "faces a long-term supply shortage," according to Barron’s. This company, however, is sitting on a goldmine opportunity as it plans to […]

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Completed two accretive acquisitions, realized profit from Physical Portfolio, and strengthened balance sheet: Industry leading growth with two accretive acquisitions of UEX Corporation ("UEX") and Rio Tinto’s world-class, development-stage Roughrider Project.

Acquired UEX for $192.7 million primarily in UEC stock which is expected to double total resources in all categories in the world-class, politically stable and uranium mining friendly jurisdiction of Canada, leading to the creation of the largest diversified North American focused uranium company.

Welcomed Rio Tinto as a new shareholder with the acquisition of the Roughrider Project for total consideration of $146.2 million comprised of $82.1 million cash and $64.1 million in UEC stock.

Expanded physical uranium purchases to date and contracted deliveries to 5.8 million pounds of North American warehoused uranium ("Physical Portfolio"), resulting in an average cost of ~$38 per pound with various delivery dates through December 2025. Generated revenues of $57.2 million from spot […]

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Forum Energy Metals Corp. ( TSXV: FMC ) (OTCQB: FDCFF) ("Forum" or "the Company") announces that, further to its news release of December 5, 2022, it has increased its Offering to up to a total of $2,200,000 from the previously announced $1,700,000. All other aspects of the Offering remain as disclosed in the December 5th news release.

The Company also announces that it has closed the first tranche of the Offering. The Company raised $1,498,300 through the issuance of 11,525,386 flow through units priced at $0.13 per unit. Each unit consists of one flow through common share and one-half of one share purchase warrant. Each whole warrant entitles the holder to purchase one additional common share at a price of $0.17 for up to two years expiring December 16, 2024.

The Company paid $101,241 and issued 778,777 finder warrants. The finder warrants are priced at $0.13 for a term of two […]

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Press Release

The MarketWatch News Department was not involved in the creation of this content.

Dec 19, 2022 (The Expresswire) — "" Uranium Market "" Insights 2023 | New Updated Report [ No of Pages 116 ] The [ Chemical and Material ] Industry is dominated and accounted for the major income share In 2022. Uranium Market cover market size for segment By Types [ Granite-Type Uranium Deposits, Volcanic-Type Uranium Deposits, Sandstone-Type Uranium Deposits, Carbonate-Siliceous-Pelitic Rock Type Uranium Deposits ], by Applications [ Military, Electricity, Medical, Industrial, Others ] and offers extensive forecasts from 2023-2028. The comprehensive investigation of the most recent trends, market growth drivers and growth prospects are offered to readers of the global market research reports.

Who is the key manufacturer in the Global? The major players covered in the Uranium market report are: ● Sinosteel ● CNNC ● Sinohydro ● Jinduicheng Molybdenum ● JiangXi […]

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Completed two accretive acquisitions, realized profit from Physical Portfolio, and strengthened balance sheet: Industry leading growth with two accretive acquisitions of UEX Corporation ("UEX") and Rio Tinto’s world-class, development-stage Roughrider Project.

Acquired UEX for $192.7 million primarily in UEC stock which is expected to double total resources in all categories in the world-class, politically stable and uranium mining friendly jurisdiction of Canada, leading to the creation of the largest diversified North American focused uranium company.

Welcomed Rio Tinto as a new shareholder with the acquisition of the Roughrider Project for total consideration of $146.2 million comprised of $82.1 million cash and $64.1 million in UEC stock.

Expanded physical uranium purchases to date and contracted deliveries to 5.8 million pounds of North American warehoused uranium ("Physical Portfolio"), resulting in an average cost of ~$38 per pound with various delivery dates through December 2025. Generated revenues of […]

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(Expressed in thousands of U.S. dollars, except per share amounts) The following management’s discussion and analysis of the Company’s financial condition and results of operations (the "MD&A") contain forward-looking statements that involve risks, uncertainties and assumptions including, among others, statements regarding our capital needs, business plans and expectations. In evaluating these statements you should consider various factors, including the risks, uncertainties and assumptions set forth in reports and other documents we have filed with or furnished to the SEC and, including, without limitation, this Form 10-Q Quarterly Report for the three months ended October 31, 2022, and our Form 10-K Annual Report for the fiscal year ended July 31, 2022, including the consolidated financial statements and related notes contained therein. These factors, or any one of them, may cause our actual results or actions in the future to differ materially from any forward-looking statement made in this Quarterly Report. […]

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VANCOUVER, British Columbia, Dec. 19, 2022 (GLOBE NEWSWIRE) — Standard Uranium Ltd. (“ Standard Uranium ” or the “ Company ”) (TSX-V: STND) (OTCQB: STTDF) (Frankfurt: FWB:9SU) is pleased to announce the signing of an Exploration Agreement (the “ Agreement ”) that formalizes the Company’s relationship with Ya’ thi Néné Lands and Resources (“ YNLR ”), Hatchet Lake Denesułiné First Nation, Black Lake Denesułiné First Nation, Fond du Lac Denesułiné First Nation (the “ Athabasca First Nations ”) and the Northern Hamlet of Stony Rapids, the Northern Settlement of Uranium City, the Northern Settlement of Wollaston Lake and the Northern Settlement of Camsell Portage (the “ Athabasca Municipalities ”, and the Athabasca First Nations, are collectively known as the “ Basin Communities ”).

With the Agreement, YNLR, the Basin Communities and the Company have formed a long-term mutually beneficial partnership. The Basin Communities will benefit from meaningful participation in projects […]

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Press Release

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Dec 18, 2022 (Reportmines via Comtex) — Uranium mining is the process of extracting uranium ore from the ground. The worldwide production of uranium in 2015 amounted to 60,496 tonnes. Kazakhstan, Canada, and Australia are the top three producers of uranium ore in the world.Uranium is widely used as an energy source. Nuclear power plants generate electricity by using heat from nuclear fission. Uranium is also used in nuclear weapons.There are two types of mining: open-pit mining and underground mining. Open-pit mining is more common and produces more uranium ore than underground mining. Uranium ore is extracted using traditional mining methods such as drilling and blasting. The ore is then transported to a processing plant where it is crushed and ground up. The uranium is then separated from the ore using chemicals. The […]

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Ur-Energy Inc. LITTLETON, CO / ACCESSWIRE / December 19, 2022 / Ur-Energy Inc. (NYSE American:URG)(TSX:URE) (the "Company" or "Ur-Energy") is pleased to announce that it has expanded the quantity to be delivered into the sales agreement announced by the Company on August 8, 2022. The agreement which called for the annual delivery of 200,000 pounds of U 3 O 8 over a six-year period, has been amended to increase the annual delivery by 100,000 pounds of U 3 O 8 beginning in 2024 at the same pricing levels.

The Company’s total sales quantity now under contract will be 600,000 pounds U 3 O 8 per year beginning in 2024, plus or minus a small, optional flex. Having secured these sales commitments, Ur-Energy has made the decision to immediately ramp up production at its operating Lost Creek uranium mine to levels sufficient to deliver into these current contracts.

The Company will target […]

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Press Release

Companies covered in the Uranium Market are – Sinosteel, CNNC, Sinohydro, Jinduicheng Molybdenum, JiangXi Copper Corporation, Cameco, Areva, BHP Billiton, Kazatomprom, APM3, ERA, AtomRedMetZoloto?ARMZ?, Paladin, Navoi, Rio Tinto Group and More

The MarketWatch News Department was not involved in the creation of this content.

Dec 17, 2022 (The Expresswire) — Final Report will add the analysis of the impact of Russia-Ukraine War and COVID-19 on this industry. " Uranium Market " Insights 2022 – By Applications (Military, Electricity, Medical, Industrial, Others), By Types (Granite-Type Uranium Deposits, Volcanic-Type Uranium Deposits, Sandstone-Type Uranium Deposits, Carbonate-Siliceous-Pelitic Rock Type Uranium Deposits), By Segmentation analysis, Regions and Forecast to 2028. The Global Uranium market Report provides In-depth analysis on the market status of the Uranium Top manufacturers with best facts and figures, meaning, Definition, SWOT analysis, PESTAL analysis, expert opinions and the latest developments across the globe., the Uranium Market […]

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Uranium Royalty Corp. (NASDAQ:UROY) concluded the trading at $2.30 on Friday, December 16 with a fall of -0.86% from its closing price on previous day.

Taking a look at stock we notice that its last check on previous day was $2.32 and 5Y monthly beta was reading 1.91 with its price kept floating in the range of $2.25 and $2.32 on the day. Considering stock’s 52-week price range provides that UROY hit a high price of $5.00 and saw its price falling to a low level of $2.10 during that period. Over a period of past 1-month, stock came subtracting -13.53% in its value.

5 Undervalued Stocks For 2023

Approximately 544 miles north of Las Vegas lies what’s been dubbed "the biggest lithium deposit in the US." One tiny company stands to be the biggest beneficiary because lithium "faces a long-term supply shortage," according to Barron’s. This company, however, is […]

Click here to view original web page at stocksregister.com

HALIFAX, NS, Dec. 13, 2022 /CNW/ – Fortune Bay Corp. (TSXV: FOR) (FWB: 5QN) (OTCQX: FTBYF) ("Fortune Bay" or the "Company") is pleased to announce analytical results from its maiden exploration drilling program on the 100% owned Murmac Uranium Project ("Murmac" or the "Project"), located in northern Saskatchewan (see Figure 1).

The drilling program was designed to test regional targets across the Project’s extensive Armbruster, Howland and Pitchvein Conductor Corridors, which have a combined strike length of approximately 30 kilometres.

Shallow, highly elevated concentrations of uranium were confirmed in six (6) of the fifteen (15) drill holes, including 0.18% U 3 O 8 and 0.17% U 3 O 8 from individual assay samples.

The uranium is associated with anomalous levels of "pathfinder" elements that are typically associated with high-grade, basement-hosted deposits in the Athabasca Basin.Results include shallow intersections derived from between 20 and 150 metres below surface within prospective graphitic units associated […]

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On Wednesday, Cameco Company (NYSE: CCJ) (TSE: CCO) saw unusual activity in its options trading. Put options for a total of 28,210 shares of the company’s stock were purchased by investors. Compared to the typical daily volume of 2,706 put options, this demonstrates an increase close to 942% higher than expected.

On October 27 October 27, Cameco (NYSE: CCJ) (TSE: CCO) announced that it would publish its quarterly earnings report. The basic materials industry reported a quarterly earnings per share figure of $0.02, which was $0.06 more than the average estimate of $0.04. The earnings for the quarter came in on schedule. The sum of the company’s revenue during the period in question was exactly $297.96 million. The return on equity for Cameco came in at 2.50 percent, and the net margin for the company was 6.43 percent. Market analysts anticipate Cameco to generate $0.27 per share earnings during the […]

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Vancouver, British Columbia–(Newsfile Corp. – December 15, 2022) – US Critical Metals Corp. (TSXV: USCM) (OTCQB: USCMF) (FSE: 0IU0) (" USCM ") announces that further to the Company’s press release dated November 17, 2022, the Company has closed the acquisition of a 70% interest in the Long Canyon Uranium and Vanadium project (the " Property ") in Idaho (the " Transaction ").

The Company acquired the 70% interest in the Property by acquiring 70% of the issued and outstanding common shares of 1212242 B.C. Ltd. (" B.C. Ltd. "), a private company existing under the laws of British Columbia, which is the sole owner and shareholder of Long Canyon Resources Inc. (" Long Canyon Resources "), an Idaho corporation, which is the holder of the Property. The remaining 30% of the issued and outstanding common shares of B.C. Ltd. remain with Idaho Silver Corp. (" Idaho Silver "), a private […]

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TORONTO, Dec. 13, 2022 /CNW/ – Laramide Resources Ltd. ("Laramide") is pleased to announce the commencement of a diamond drill program at its NRC licensed Crownpoint Uranium Project, near Gallup, New Mexico, USA ("Crownpoint"). The work programs are being managed and executed by NuFuels, Inc., a subsidiary of Laramide Resources Ltd. Crownpoint consists of two discrete ISR-amenable deposits Crownpoint and Churchrock covered by a single NRC licence (sua-1580).

Marc Henderson, President and CEO of Laramide Resources Ltd., commented, "Throughout the prolonged downturn of the uranium market, we maintained and enhanced our asset base as well as our core technical capability and that strategy has paid off, allowing us to now re-start our development plans at several of the company’s US Assets. The retention of key professional and technical staff along with our new General Manager for US Operations ensures that our team now possess the diverse skills to launch […]

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CALGARY, Alberta, Dec. 09, 2022 (GLOBE NEWSWIRE) — Traction Uranium Corp. (the “ Company ” or “ Traction ”) ‎(CSE: TRAC) (OTC: TRCTF) (FRA: Z1K) is pleased to announce that it has closed the first tranche of a non-brokered private placement (the “ First Tranche
Private Placement ”) for aggregate gross proceeds of approximately C$2,513,105.00. Financial Post Top Stories Article content
The Company issued 7,180,300 flow-through units (each, a “ Flow-Through Unit ”) at a price of C$0.35 per Flow-Through Unit. Each Flow-Through Unit consists of one (1) common share (each, a “ FT Share ”) and one half (1/2) common share purchase warrant (each, a “ FT Warrant ”). Each whole FT Warrant is exercisable into one (1) common share of the Company (each a “ Share ”) at an […]

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Uranium Energy Corp. (AMEX:UEC) concluded the trading at $3.33 on Wednesday, December 14 with a fall of -2.35% from its closing price on previous day.

Taking a look at stock we notice that its last check on previous day was $3.41 and 5Y monthly beta was reading 2.13 with its price kept floating in the range of $3.26 and $3.43 on the day. Company’s P/E ratio for the trailing 12 months is 256.15. Considering stock’s 52-week price range provides that UEC hit a high price of $6.60 and saw its price falling to a low level of $2.34 during that period. Over a period of past 1-month, stock came subtracting -17.98% in its value.

With its current market valuation of $1.25 billion, Uranium Energy Corp. is set to declare its quarterly results on Dec 12, 2022 – Dec 16, 2022. Analysts are in estimates of -$0.02 per share for company’s earnings […]

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Skyharbour Resources holds an extensive portfolio of uranium projects in Canada’s Athabasca Basin. SUPPLIED Due to the projected growth in demand for uranium and lack of primary supply, new discoveries and deposits are becoming increasingly valuable in balancing the market

Article content

Skyharbour Resources has gained a major foothold in Saskatchewan’s Athabasca Basin — the world’s richest depository of uranium in the world

The company currently has fifteen projects, ten of which are drill-ready, covering over 450,000 hectares of mineral claims The world is facing a climate crisis and political upheavals, which have pushed nuclear energy to the forefront of many political and social agendas. For the mining community, all eyes are on the positive impact this will have on uranium demand and pricing.Vancouver-based Skyharbour Resources Ltd. (TSXV: SYH | OTCQX: SYHBF | FRA: SC1P) has been focusing its exploration efforts on uranium for almost a […]

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CORPUS CHRISTI, Texas, Dec. 15, 2022 /PRNewswire/ – enCore Energy Corp. (" enCore " or the " Company ") (TSXV: EU) (OTCQB: ENCUF ) today announced the United States Court of Appeals for the District of Columbia Circuit denied the request of the Oglala Sioux Tribe and the group "Aligning for Responsible Mining" for a full panel review of a prior decision by a three judge panel of that court. In the prior decision (see enCore news release dated August 9, 2022) the panel found that the Nuclear Regulatory Commission had adequately complied with the relevant statutory and regulatory requirements in granting a source materials license to Powertech USA Inc., a subsidiary of enCore Energy Corp., for extraction of uranium from ore beds at the company’s Dewey-Burdock project in South Dakota.

The Sioux and Aligning for Responsible Mining may petition the United States Supreme Court to review the ruling. They […]

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