North Shore Global Uranium Mining ETF (URNM) Surpasses $900 Million in Assets

NEW YORK, Oct. 26, 2021 /PRNewswire/ — The North Shore Global Uranium ETF (NYSE: URNM ) has surpassed $900 million in total net assets as of 10/26/21. Launched on 12/4/19, the fund has produced a cumulative return of over 200% (on a price basis) since its inception through 9/30/21.

Performance quoted represents past performance, which is no guarantee of future results. Investment return and principal value will fluctuate, so you may have a gain or loss when shares are sold. Current performance may be higher or lower than that quoted. Shares are bought and sold at market price and not individually redeemed from the fund. Brokerage commissions will reduce returns. Returns for periods of less than one year are not annualized. For performance current to the most recent month end, visit https://urnmetf.com/urnm . High short-term performance of the fund is unusual, and investors should not expect such performance to […]

OTC Markets Group Welcomes Goviex Uranium Inc to OTCQX

OTC Markets Group Welcomes Goviex Uranium Inc to OTCQX

OTC Markets Group Inc. (OTCQX: OTCM), operator of financial markets for 11,000 U.S. and global securities, today announced Goviex Uranium Inc (TSX-V: GXU ; OTCQX: GVXXF ), a mineral resource company focused on the exploration and development of uranium properties in Africa has qualified to trade on the OTCQX® Best Market. Goviex Uranium Inc upgraded to OTCQX from the OTCQB® Venture Market.

Goviex Uranium Inc begins trading today on OTCQX under the symbol “GVXXF.” U.S. investors can find current financial disclosure and Real-Time Level 2 quotes for the company on www.otcmarkets.com .

The OTCQX Market is designed for established, investor-focused U.S. and international companies. To qualify for OTCQX, companies must meet high financial standards, follow best practice corporate governance, and demonstrate compliance with applicable securities laws. Graduating to the OTCQX Market from the OTCQB Market marks an important milestone for companies, enabling them to demonstrate their qualifications and build visibility among […]

Uranium for the green revolution

Uranium for the green revolution

[PDF] Press Rease: Uranium for the green revolution Herisau, 26.10.2021 (PresseBox) – The demand for electricity will increase enormously in the coming decades. This can only be achieved through a mix of energy sources. Uranium is one of them.

"I think the green movement has become much more powerful and important globally than it used to be," said Simon Popple of the Brookville Capital Intelligence Report in a recent interview on INN. "The more governments embrace nuclear, green energy (and) electric vehicles, I think the more demand there will be for uranium," he said in the interview. "The demand for electricity is going to be very high, and that electricity has to come from somewhere." In fact, the new cycle for nuclear power, and therefore uranium demand, has already begun. This can be read in the price of the energy source. Uranium on the spot market now costs more than […]

Why Uranium Energy Stock Touched a 52-Week High Monday

Why Uranium Energy Stock Touched a 52-Week High Monday

What happened

Uranium Energy (NYSEMKT: UEC) surged in early trading on Monday, jumping by 9.4% to hit a 52-week high of $4.28 a share before losing some of that ground. The uranium mining stock closed the trading session up by 3.1%. Uranium Energy got fired up last week and continued its rally Monday thanks to a sudden jump in uranium prices. So what

After a dizzying rally that began in mid-August sent uranium prices to a nine-year high of $50.8 per pound in September, the rally fizzled out, and the commodity slid to almost $34 a pound on Oct. 8.

It wasn’t random, though, when uranium prices started to rise again from Oct. 8 onwards. That was also the day when the Sprott Physical Uranium Trust (OTC: SRUU.F) announced it had bought 300,000 pounds of uranium, three days after buying 500,000 pounds, following a dry spell that had lasted more […]

Why Uranium Energy Stock Touched a 52-Week High Monday

Why Uranium Energy Stock Touched a 52-Week High Monday

What happened

Uranium Energy ( NYSEMKT:UEC ) surged in early trading on Monday, jumping by 9.4% to hit a 52-week high of $4.28 a share before losing some of that ground. The uranium mining stock closed the trading session up by 3.1%.

Uranium Energy got fired up last week and continued its rally Monday thanks to a sudden jump in uranium prices. So what

After a dizzying rally that began in mid-August sent uranium prices to a nine-year high of $50.8 per pound in September, the rally fizzled out, and the commodity slid to almost $34 a pound on Oct. 8.It wasn’t random, though, when uranium prices started to rise again from Oct. 8 onwards. That was also the day when the Sprott Physical Uranium Trust ( OTC:SRUU.F ) announced it had bought 300,000 pounds of uranium, three days after buying 500,000 pounds, following a dry spell that had […]

Why Uranium Energy Stock Touched a 52-Week High Monday

Why Uranium Energy Stock Touched a 52-Week High Monday

What happened

Uranium Energy (NYSEMKT: UEC) surged in early trading on Monday, jumping by 9.4% to hit a 52-week high of $4.28 a share before losing some of that ground. The uranium mining stock closed the trading session up by 3.1%. Uranium Energy got fired up last week and continued its rally Monday thanks to a sudden jump in uranium prices. So what

After a dizzying rally that began in mid-August sent uranium prices to a nine-year high of $50.8 per pound in September, the rally fizzled out, and the commodity slid to almost $34 a pound on Oct. 8.

It wasn’t random, though, when uranium prices started to rise again from Oct. 8 onwards. That was also the day when the Sprott Physical Uranium Trust (OTC: SRUU.F) announced it had bought 300,000 pounds of uranium, three days after buying 500,000 pounds, following a dry spell that had lasted more […]

Searchlight Resources surprises with high-grade Uranium discovery at Kulyk Lake

Searchlight Resources surprises with high-grade Uranium discovery at Kulyk Lake

Source: Depositphotos Noted U.S. stock market letter writer John Kaiser once compared Stephen Wallace, CEO of Searchlight Resources Inc. (TSXV: SCLT; FRA: 2CC2), to a chess player who prepares his attacks long before he strikes. Now, apparently, such a strategic moment has arrived for Searchlight: Suddenly, the company, hitherto known only in connection with gold and copper projects around the Flin Flon mining camp, is playing a central role in Saskatchwan’s latest uranium hotspot on the edge of the famous Athabasca Basin.

Airborne measurements show high uranium and REE values at Searchlight Resources’ 105 km² Kulyk Lake project. While good REE values were to be expected, the strike length is very a positive indication of a big system, and the uranium discoveries came in a completely new area, virtually just as an incidental aspect of the measurements. Kulyk Lake is located approximately 165 kilometers north of La Ronge, Saskatchewan, and […]

Uranium stocks have gone nuclear, here’s how to play it

(Kitco News) Nuclear energy is seeing a major comeback with the demand for uranium stocks soaring, said Scott Melbye, Uranium Royalty Corp CEO and executive VP of Uranium Energy Corp.

"Demand for uranium and nuclear generation has responded back to pre-Fukushima levels. We’ve seen 57 new reactors come online around the world," Melbye told Michelle Makori, editor-in-chief of Kitco News.

Uranium is currently trading around $45, and due to this year’s "mega-trend," it has the potential to go towards $100.

"In my 37 years in this industry, I haven’t seen society really facing this kind of a conundrum. Policymakers and society, in general, want to move to cleaner carbon-free energy, but the math and science haven’t exactly added up on how we get there," Melbye said.This is why nuclear energy has been seeing such an uptick in popularity, Melbye noted. "We’ve seen $10,000 electric bills in Texas. We’ve seen blackouts in California. […]

Uranium Royalty Corp. (NASDAQ: UROY) Is Rated A Buy By Analysts.

In the last trading session, 1.09 million Uranium Royalty Corp. (NASDAQ:UROY) shares changed hands as the company’s beta touched 0. With the company’s per share price at $5.60 changed hands at -$0.06 or -1.06% during last session, the market valuation stood at $438.63M. UROY’s last price was a discount, traded about -3.57% off its 52-week high of $5.80. The share price had its 52-week low at $0.81, which suggests the last value was 85.54% up since then. When we look at Uranium Royalty Corp.’s average trading volume, we note the 3-month average coming to 887.25K.

Analysts gave the Uranium Royalty Corp. (UROY) stock a consensus recommendation rating of a Buy. If we narrow down to specifics, the data shows that 0 out of 3 analysts rate the stock as a Sell, with a further 0 assigning it an Overweight rating. Of the remaining, 0 recommended UROY as a Hold, 3 […]

West Wits Mining welcomes uranium revival with renewed exploration target at Witwatersrand Basin Project

West Wits Mining welcomes uranium revival with renewed exploration target at Witwatersrand Basin Project

The Witwatersrand asset is more than just a precious metals play, with West Wits on course to advance uranium exploration over its iconic gold property. A circular shaft at the Bird Reef Central Uranium Project. West Wits Mining Ltd ( ASX:WWI ) is jumping on board uranium’s revival as it advances radioactive exploration over its flagship Witwatersrand Basin Project (WBP) in South Africa.

The gold explorer and project developer has restated its uranium exploration target to align with JORC 2012 standards as it looks to resurrect the hunt for uranium.

WWI last explored for the nuclear energy source in 2008, training its eye on Witwatersrand Bird Reef Central Uranium Project.

That program uncovered consistent uranium mineralisation over around 3.3 kilometres, with more than 7 kilometres of strike identified along the targeted Bird Reef section within the WBP’s existing mining right area. Uranium in spotlight Uranium is in the global crosshairs as the […]

UEC Stock Forecast 2021: Uranium Energy Corp. (AMEX: UEC) Remains Strong With -42.86% Downside

In the last trading session, 6.46 million Uranium Energy Corp. (AMEX:UEC) shares changed hands as the company’s beta touched 2.29. With the company’s per share price at $3.92 changed hands at $0.0 or 0.00% during last session, the market valuation stood at $914.30M. UEC’s last price was a discount, traded about -2.81% off its 52-week high of $4.03. The share price had its 52-week low at $0.82, which suggests the last value was 79.08% up since then. When we look at Uranium Energy Corp.’s average trading volume, we note the 10-day average is 7.87 million shares, with the 3-month average coming to 6.77 million.

Analysts gave the Uranium Energy Corp. (UEC) stock a consensus recommendation rating of a Buy, calculated at a mean rating of 1.50. If we narrow down to specifics, the data shows that 0 out of 3 analysts rate the stock as a Sell, with a further […]

Consolidated Uranium Announces Private Placement by Labrador Uranium Inc. for Proceeds of up to C$7.0 Million

Consolidated Uranium Announces Private Placement by Labrador Uranium Inc. for Proceeds of up to C$7.0 Million

Philip Williams, President and CEO of Consolidated Uranium, commented “We could not be more thrilled with the enthusiastic response that we have received so quickly for Labrador Uranium. The financing announced today has seen higher demand than anticipated and is expected to be largely subscribed for by existing Consolidated Uranium institutional shareholders. I would highlight that all existing shareholders of CUR, on the effective date of the arrangement, will receive LUR shares though the pro-rata distribution of the 16 million LUR shares that CUR will be receiving for the transfer of its Moran Lake Project.”

Each Subscription Receipt entitles the holder thereof to automatically receive, upon satisfaction of certain escrow release conditions (the “ Escrow Release Conditions ”), one unit of LUR (a “ Unit ”). Each Unit shall be comprised of one class B common share of LUR (each, a “ Unit Share ”) and one-half of one […]

Uranium Royalty Corp Expands Physical Uranium Holdings to 1,048,068 Pounds of U3O8 at a Weighted Average Cost of US$37.64 per pound U3O8

VANCOUVER, BC, Oct. 19, 2021 /CNW/ – Uranium Royalty Corp. (NASDAQ: UROY) (TSXV: URC ) (" URC " or the " Company ") announces that it is entering into contracts for an additional four spot purchases totaling 400,000 pounds of U 3 O 8 at an average cost of US$45.00 per pound U 3 O 8 . Deliveries will be accomplished in October-December 2021 through book transfers to URC’s storage account at Cameco Corporation’s Fuel Services facilities in Ontario, Canada.

As a result, URC will hold a physical inventory of 1,048,068 pounds U 3 O 8 in the Cameco storage account at a weighted average cost of US$37.64 per pound. The latest Trade Tech daily spot price is at US$47.25 per pound as of October 18, 2021, leading to an increase in the net realizable value of URC’s physical uranium holdings to US$10.07 million.

It is within URC’s mandate to make […]

Denison Mines Announces Sale of Goviex Uranium Shares and Warrants for up to $41.6 Million

Denison Mines Announces Sale of Goviex Uranium Shares and Warrants for up to $41.6 Million

The agreement is with an existing institutional shareholder of GoviEx. The Transaction is subject to customary closing conditions and is expected to be completed before the end of October, 2021. The GoviEx Warrants, or common shares of GoviEx received on the exercise of the GoviEx Warrants, will be subject to a hold period of four months and one day from the closing date, in accordance with applicable
securities laws.

Denison intends to use the net proceeds of the Transaction for general corporate purposes.

This press release constitutes a "designated news release" for the purposes of the Company’s prospectus supplement dated September 28, 2021 to its short form base shelf prospectus dated September 16, 2021.
Early Warning Disclosure Upon closing of the Transaction, Denison will dispose of 32,500,000 GoviEx Shares at an attributed value of $0.48 per GoviEx Share (attributing the full gross proceeds of the Transaction to the […]

Fresh Insights On Uranium Energy Corp. (UEC)

Uranium Energy Corp. (AMEX:UEC) concluded the trading at $3.92 on Thursday, October 21 with a fall of -1.75% from its closing price on previous day.

Taking a look at stock we notice that its last check on previous day was $3.99 and 5Y monthly beta was reading 2.43 with its price kept floating in the range of $3.73 and $4.01 on the day. Considering stock’s 52-week price range provides that UEC hit a high price of $4.03 and saw its price falling to a low level of $0.82 during that period. Over a period of past 1-month, stock came adding 26.05% in its value.

3 Tiny Stocks Primed to Explode The world’s greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap […]

Special Report: Everyone Is Suddenly Interested In Uranium

Special Report: Everyone Is Suddenly Interested In Uranium

Well, that escalated quickly.

Uranium prices have shot up 60% since mid-August, with spot prices topping out at $48 per pound — their highest level in nine years.

On the one hand, that shouldn’t really come as a surprise. In fact, it should have happened much sooner.

Uranium sources have been under-developed ever since the Fukushima disaster in 2011. Back then, uranium prices were as high as $70 per pound, which is about the cost of mining the metal. But in the decade that followed, prices plunged as nuclear power faced a flurry of scrutiny not seen since Chernobyl.They even fell below $20 per pound at one point, spurring outcries from contrarian investors like myself.In fact, not to brag (or maybe to brag a little), I called the market bottom…"Today it’s worth just $20.25 per pound," I wrote in 2017 . "Still, that’s up from where uranium prices were a year ago, […]

Uranium takes the spotlight as COP26 and the energy crisis collide

A leading fund manager names Boss Energy (ASX: BOE) as his pick of the uranium stocks. Plus, South32’s (ASX: S32) copper deal is a boost for porphyry hunters such as Sunstone Metals (ASX: STM) and Hot Chili (ASX: HCH).

World leaders – most of them, anyway – will soon be heading to Glasgow for the United Nation’s Climate Conference, otherwise known as COP26.

The idea is that there will be commitments to accelerated net zero emission targets to save us all from global warming through decarbonisation and the electrification of everything.

Quite reasonably, there is an expectation that the role of nuclear power in the decarbonised energy mix required to stop global warming needs to be more prominent than in previous climate conferences – that’s if the hurried-up zero emissions targets likely to emerge from COP26 are to be taken seriously.That is certainly the way Guy Keller sees things. Keller is […]

ALX Resources Corp. Appoints David Quirt as Uranium Technical Advisor

Vancouver, British Columbia–(Newsfile Corp. – October 21, 2021) – ALX Resources Corp. (TSXV: AL) (FSE: 6LLN) (OTC: ALXEF) ("ALX" or the "Company") is pleased to announce the appointment of David Quirt as a technical advisor to the Company specializing in uranium exploration.

Mr. Quirt is a consulting geoscientist residing in Saskatchewan with 45 years of geological, mineral exploration, and Research and Development ("R&D") experience, both in the consulting sector and within the mineral exploration industry. His applied science work has been primarily in economic geology (uranium, diamonds, gold, base metals, Rare Earth Elements), uranium deposit metallogenesis, geochemistry, and host-rock alteration mineralogy. Throughout his career, David has been a highly-sought speaker at numerous scientific conferences and corporate presentations, and has authored and co-authored technical reports, journal papers and conference-extended abstracts that have resulted from these works.

Mr. Quirt received his B.A.Sc. degree in Geological Engineering (Mineral Exploration) from the University of Toronto […]

Uranium Royalty Corp Expands Physical Uranium Holdings to 1,048,068 Pounds of U3O8 at a Weighted Average Cost of US$37.64 per pound U3O8

VANCOUVER, BC, Oct. 19, 2021 /PRNewswire/ – Uranium Royalty Corp. (NASDAQ: UROY) (TSXV: URC) (" URC " or the " Company ") announces that it is entering into contracts for an additional four spot purchases totaling 400,000 pounds of U 3 O 8 at an average cost of US$45.00 per pound U 3 O 8 . Deliveries will be accomplished in October-December 2021 through book transfers to URC’s storage account at Cameco Corporation’s Fuel Services facilities in Ontario, Canada.

As a result, URC will hold a physical inventory of 1,048,068 pounds U 3 O 8 in the Cameco storage account at a weighted average cost of US$37.64 per pound. The latest Trade Tech daily spot price is at US$47.25 per pound as of October 18, 2021, leading to an increase in the net realizable value of URC’s physical uranium holdings to US$10.07 million.

It is within URC’s mandate to make periodic […]

enCore Energy and Azarga Uranium Provide Update on Proposed Transaction and Shareholder Vote

enCore Energy and Azarga Uranium Provide Update on Proposed Transaction and Shareholder Vote

CORPUS CHRISTI, Texas, Oct. 21, 2021 /PRNewswire/ – enCore Energy Corp. (" enCore ") (TSXV: EU) (OTCQB: ENCUF ) and Azarga Uranium Corp. (" Azarga ") (TSX: AZZ) (OTCQB: AZZUF ) (FRA: P8AA) are pleased to provide a corporate update including information concerning the definitive agreement (the " Agreement ") whereby enCore will acquire all of the issued and outstanding common shares of Azarga pursuant to a court-approved plan of arrangement (the " Transaction "). An Azarga information circular will be mailed on or before October 26, 2021 to Azarga shareholders of record as of October 12, 2021. The shareholder vote will be held on November 16, 2021 at 10:00 AM (Vancouver time) at the offices of Azarga at Unit 1 – 15782 Marine Drive, White Rock, BC, V4B 1E6. Azarga Uranium Logo (CNW Group/enCore Energy Corp.) Terms of the Agreement

Under the terms of the Agreement, Azarga shareholders […]

Best Uranium Stocks for Investors as Nuclear Energy Gains Steam

Best Uranium Stocks for Investors as Nuclear Energy Gains Steam

Source: Getty Images Uranium was once thought of as a material that countries should steer away from. Now, uranium is being used more and companies are investing in it. With multiple funds and stocks revolving around uranium, what are the best uranium stocks to invest in?

France is one country that relies heavily on uranium. More than 75 percent of its power is derived from nuclear energy. Last week, France announced that it will be building more nuclear plants, which caused an uproar from European citizens. Source: Getty Images How Uranium is used today

Uranium is one of the common metals that can be found in the Earth’s crust, which is a thin outer layer of the planet. It can be found in rocks on land or in the ocean. The metal is mined to harvest large amounts of it. More than 85 percent of the uranium is reportedly […]

Uranium Royalty Corp Expands Physical Uranium Holdings to 1,048,068 Pounds of U3O8 at a Weighted Average Cost of US$37.64 per pound U3O8

VANCOUVER, BC, Oct. 19, 2021 /PRNewswire/ – Uranium Royalty Corp. (NASDAQ: UROY ) (TSXV: URC) (" URC " or the " Company ") announces that it is entering into contracts for an additional four spot purchases totaling 400,000 pounds of U 3 O 8 at an average cost of US$45.00 per pound U 3 O 8 . Deliveries will be accomplished in October-December 2021 through book transfers to URC’s storage account at Cameco Corporation’s Fuel Services facilities in Ontario, Canada.

As a result, URC will hold a physical inventory of 1,048,068 pounds U 3 O 8 in the Cameco storage account at a weighted average cost of US$37.64 per pound. The latest Trade Tech daily spot price is at US$47.25 per pound as of October 18, 2021, leading to an increase in the net realizable value of URC’s physical uranium holdings to US$10.07 million.

It is within URC’s mandate to make […]

Consolidated Uranium Announces Private Placement by Labrador Uranium Inc. for Proceeds of up to C$7.0 Million

Consolidated Uranium Announces Private Placement by Labrador Uranium Inc. for Proceeds of up to C$7.0 Million

Consolidated Uranium Inc. is pleased to announce that further to its press release on October 18, 2021 regarding the creation and planned spin-out of Labrador Uranium Inc. LUR has entered into an agreement Red Cloud Securities Inc. to act as lead agent and sole bookrunner on behalf of a syndicate of agents in connection with a fully marketed private placement of up to 10,000,000 subscription receipts of LUR at a …

Not for distribution to United States Newswire Services or for dissemination in the United States

Consolidated Uranium Inc. (“ CUR ”, the “ Company ” or “ Consolidated Uranium ”) (TSXV: CUR) (OTCQB: CURUF) is pleased to announce that further to its press release on October 18, 2021 regarding the creation and planned spin-out (the “ Spin-Out ”) of Labrador Uranium Inc. (“ Labrador Uranium ” or “ LUR ”), LUR has entered into an agreement Red Cloud […]

enCore Energy and Azarga Uranium Provide Update on Proposed Transaction and Shareholder Vote

enCore Energy and Azarga Uranium Provide Update on Proposed Transaction and Shareholder Vote

CORPUS CHRISTI, Texas, Oct. 21, 2021 /PRNewswire/ – enCore Energy Corp. (" enCore ") (TSXV: EU) (OTCQB: ENCUF) and Azarga Uranium Corp. (" Azarga ") (TSX: AZZ) (OTCQB: AZZUF) (FRA: P8AA) are pleased to provide a corporate update including information concerning the definitive agreement (the " Agreement ") whereby enCore will acquire all of the issued and outstanding common shares of Azarga pursuant to a court-approved plan of arrangement (the " Transaction "). An Azarga information circular will be mailed on or before October 26, 2021 to Azarga shareholders of record as of October 12, 2021. The shareholder vote will be held on November 16, 2021 at 10:00 AM (Vancouver time) at the offices of Azarga at Unit 1 – 15782 Marine Drive, White Rock, BC, V4B 1E6. enCore Energy Corp. Logo (CNW Group/enCore Energy Corp.) Terms of the Agreement

Under the terms of the Agreement, Azarga shareholders will […]

Uranium Energy Corp. (AMEX:UEC) Is Up 29.55% Over The Past 30 Days: Is There Trouble Ahead?

In last trading session, Uranium Energy Corp. (AMEX:UEC) saw 12.45 million shares changing hands with its beta currently measuring 2.24. Company’s recent per share price level of $3.99 trading at $0.43 or 12.08% at ring of the bell on the day assigns it a market valuation of $933.38M. That closing price of UEC’s stock is at a premium of 5.51% from its 52-week high price of $3.77 and is indicating a premium of 79.45% from its 52-week low price of $0.82. Taking a look at company’s average trading volume for last 10-days demonstrates a volume of 9.06 million shares which gives us an average trading volume of 6.64 million if we extend that period to 3-months.

For Uranium Energy Corp. (UEC), analysts’ consensus is at an average recommendation of a Buy while assigning it a mean rating of 1.50. Splitting up the data highlights that, out of 3 analysts covering […]