Uranium price rally is a high-stakes bet on future of nuclear power

Uranium price rally is a high-stakes bet on future of nuclear power

Credit: Wikimedia Commons Atomic energy became somewhat taboo after the Fukushima disaster in Japan, with opponents saying the 2011 meltdown was only the most recent accident to demonstrate that reactors are too dangerous. And while nuclear power is carbon-free, it has drawn opposition from some progressives and environmentalists who have qualms about radioactive waste. There are now only 50 reactors under construction worldwide, a 20-year low, according to Chris Gadomski, lead nuclear analyst for BloombergNEF.

Gadomski’s view of the red-hot uranium rally? “Everybody is getting played,” he said.

Indeed, just as quickly as uranium skyrocketed, prices now seem to be hitting the brakes. Futures traded in New York on Tuesday fell as much as 9.8%, before paring the losses to close the day 0.3% lower at $49.75 a pound. Investor demand has been so strong that the Sprott fund earlier this month amended its at-the-market program to be able to raise […]

Uranium Is Gaining Interest On Reddit’s Most Notorious Investment Forum

Nuclear advocates point out that the much-maligned form of energy production is actually one of the safest out there. And, importantly, nuclear energy production has a virtually nonexistent carbon footprint. It’s a highly efficient form of climate-friendly energy production, and yet it’s still a hard sell. Nuclear power plants are being decommissioned around the world, and have particularly fallen out of favor in the United States. But nuclear still has a lot of fans who make a lot of compelling points, and they are intent on making themselves heard.

While high-profile nuclear disasters like Chernobyl, Fukushima Daiichi, and Three Mile Island loom large in the public consciousness, and the long half-life of radioactive nuclear waste is a hard pill to swallow, nuclear energy actually kills far fewer people than fossil fuels. “Coal power is estimated to kill around 350 times as many people per terawatt-hour of energy produced, mostly from […]

UEX Corporation: Wheeler River JV Approves Feasibility Study for Phoenix Deposit

UEX Corporation: Wheeler River JV Approves Feasibility Study for Phoenix Deposit

(“UEX” or the “Company”) is pleased to announce that its 50% owned subsidiary, JCU (Canada) Exploration Company, Limited (“JCU”) and Denison Mines Corp. (“Denison”) have approved the initiation of an independent Feasibility Study (“FS”) for the In-Situ Recovery mining operation proposed for the Phoenix uranium deposit on their Wheeler River Joint Venture (“WRJV”). The WRJV has also appointed leading global consulting and engineering firm Wood PLC to lead and author the FS in accordance with Canadian Securities National Instrument 43-101.

The Wheeler River Joint Venture is 10% owned by JCU and 90% by Denison, who is the operator of the WRJV. JCU is 50% owned by UEX and 50% by Denison.

Key objectives of the FS are expected to include an updated estimate of mineral resources, mine design optimization, processing plant optimization, and a Class 3 capital cost estimate. The project designs in the FS are also expected to incorporate the […]

Stock Market Analysis Today – Why Uranium Royalty Stock Crushed the Market Today

Stock Market Analysis Today – Why Uranium Royalty Stock Crushed the Market Today

Stock Market Analysis Today – Why Uranium Royalty Stock Crushed the Market Today What happened

After sinking the most among uranium stocks during Monday’s market sell-off triggered by worrisome news from China and a cautious outlook on uranium from Morgan Stanley , shares of Uranium Royalty (NASDAQ:UROY) raced ahead of the industry today. Shares were up 10.3% as of 12:40 p.m. EDT Tuesday after hitting a high of 17.3% in early morning trading.

Investors in uranium clearly found an opportunity after the stock’s steep decline the previous day. So what

Although all uranium stocks have risen massively in the past month or so, Uranium Royalty has absolutely crushed them all, even doubling in a matter of days at one point.One reason why Uranium Royalty caught investor attention was its recent bid to buy uranium from the spot market. Last week, Uranium Royalty entered contracts to purchase 300,000 pounds of uranium.Uranium […]

Uranium price has broken out

Uranium price has broken out

[PDF] Press Release: Uranium price has broken out Herisau, 22.09.2021 (PresseBox) – Now it has happened, often predicted, the pound of uranium now costs just under 50 US dollars.

At the end of 2022, the last nuclear power plant in Germany will be taken off the grid. But many countries in Europe, not to mention other large economies, are holding on to nuclear energy. It has been clear for some time that uranium will become much more expensive. A year ago, a pound of uranium cost around 30 US dollars; in November 2020, the price was only around 20 US dollars. This year, France, for example, initiated extensions to the operating lives of its nuclear reactors, including additional safety checks. The world is striving for decarbonisation and this cannot be achieved without nuclear energy. It is necessary to drive emissions reductions.

Nuclear power is environmentally friendly and can make an important […]

Why Uranium Royalty Stock Crushed the Market Today

Why Uranium Royalty Stock Crushed the Market Today

What happened

After sinking the most among uranium stocks during Monday’s market sell-off triggered by worrisome news from China and a cautious outlook on uranium from Morgan Stanley , shares of Uranium Royalty (NASDAQ: UROY) raced ahead of the industry today. Shares were up 10.3% as of 12:40 p.m. EDT Tuesday after hitting a high of 17.3% in early morning trading. Investors in uranium clearly found an opportunity after the stock’s steep decline the previous day. So what

Although all uranium stocks have risen massively in the past month or so, Uranium Royalty has absolutely crushed them all, even doubling in a matter of days at one point.

One reason why Uranium Royalty caught investor attention was its recent bid to buy uranium from the spot market. Last week, Uranium Royalty entered contracts to purchase 300,000 pounds of uranium .Uranium prices have shot up almost 60% in just the past […]

Best Uranium Stocks to Watch This Fall

Best Uranium Stocks to Watch This Fall

The latest Wall Street craze has investors focused on the best uranium stocks. Companies that deal with heavy metal uranium are soaring in value this past month. This trend has investors questioning can the uranium stock rally continue?

Nuclear energy may not be the first thing that comes to mind when thinking of clean energy investments. But, the process of converting uranium into energy doesn’t produce any meaningful amounts of carbon. The Second-Largest Clean Energy Source In fact, nuclear energy is the second-largest clean energy source behind hydropower. This makes it more productive than both wind and solar power.

The Global X Uranium ETF (NYSE: URA) is up nearly 70% since the beginning of the year. Moreover, the ETF is up over 120% from a year ago. This move comes as retail traders on Reddit pile into uranium stocks. In turn, pushing prices higher.

Uranium futures are climbing rapidly. It’s approaching its […]

Does Uranium Energy Corp. Deserve a Place in Your Portfolio?

Does Uranium Energy Corp. Deserve a Place in Your Portfolio?

The share price of leading uranium mining company Uranium Energy (UEC) has shot up over the past month, propelled by skyrocketing uranium prices and growing demand for uranium for nuclear electricity generation. However, given that a widening uranium demand-supply gap and pandemic-related disruption of mining activities could mar the industry’s prospects, will the stock be able to retain its momentum? Read on. shutterstock.com – StockNews Uranium mining and exploration company Uranium Energy Corp. ( UEC ) in Corpus Christi, Tex., is engaged in pre-extraction, extraction, and processing of uranium in the United States and Paraguay. It holds interest in several projects, including Palangana mine in Texas, Slick Rock in Colorado, and Alto Parana titanium projects in Paraguay.

UEC’s stock has gained 84.1% in price so far this year and 62% over the past month. This can be attributed primarily to uranium prices hitting an eight-year high this month, following the […]

Why Uranium Royalty Stock Crushed the Market Today

Why Uranium Royalty Stock Crushed the Market Today

What happened

After sinking the most among uranium stocks during Monday’s market sell-off triggered by worrisome news from China and a cautious outlook on uranium from Morgan Stanley , shares of Uranium Royalty ( NASDAQ:UROY ) raced ahead of the industry today. Shares were up 10.3% as of 12:40 p.m. EDT Tuesday after hitting a high of 17.3% in early morning trading.

Investors in uranium clearly found an opportunity after the stock’s steep decline the previous day. So what

Although all uranium stocks have risen massively in the past month or so, Uranium Royalty has absolutely crushed them all, even doubling in a matter of days at one point.One reason why Uranium Royalty caught investor attention was its recent bid to buy uranium from the spot market. Last week, Uranium Royalty entered contracts to purchase 300,000 pounds of uranium .Uranium prices have shot up almost 60% in just the past […]

ASN Shares: Assays Confirm High-Grade Uranium, Vanadium (ASX:ASN)

ASN Shares: Assays Confirm High-Grade Uranium, Vanadium (ASX:ASN)

The Anson Resources Ltd ’s [ ASX:ASN ] share price is up after announcing exploration at Yellow Cat has confirmed high grades of uranium and vanadium.

Anson reported high-grade assay values of up to 87,600ppm uranium (10.33% U3O8) and 143,500ppm vanadium (25.61% V2O5).

This news was positive enough for ASN shares to spike.

ASN shares are currently up 5.6%. ASX ASN – Anson Resources Share Price Chart Source: TradingView.com ASN shares have outperformed ASX 200 the last 12 months, gaining almost 370%. Yellow Cat assays confirms high-grade uranium and vanadium Today Anson announced the completion of the second stage of its uranium and vanadium exploration program at its 100% owned Yellow Cat Project in Utah.Anson said the exploration yielded ‘ exceptional high-grade ’ assays with values of up to 87,600ppm uranium (10.33% U3O8) and 143,500ppm vanadium (25.61% V2O5).ASN also noted that multiple occurrences of visible mineralisation were observed on the faces […]

LIBERTY STAR URANIUM & METALS : Management's Discussion and Analysis of Financial Condition and Results of Operations. (form 10-Q)

LIBERTY STAR URANIUM & METALS : Management’s Discussion and Analysis of Financial Condition and Results of Operations. (form 10-Q)

Much of the information included in this quarterly report includes or is based upon estimates, projections or other "forward-looking statements". Such forward-looking statements include any projections or estimates made by us and our management in connection with our business operations. While these forward-looking statements, and any assumptions upon which they are based, are made in good faith and reflect our current judgment regarding the direction of our business, actual results will almost always vary, sometimes materially, from any estimates, predictions, projections, assumptions or other future performance suggested herein. Although we believe that the expectations reflected in the forward-looking statements are reasonable, we cannot guarantee future results, levels of activity, performance or achievements. Except as required by applicable law, including the securities laws of the United States, we do not intend to update any of the forward-looking statements to conform these statements to actual results.

Such estimates, projections or other "forward-looking […]

Does Uranium Energy Corp. Deserve a Place in Your Portfolio?

Does Uranium Energy Corp. Deserve a Place in Your Portfolio?

Uranium mining and exploration company Uranium Energy Corp. ( UEC ) in Corpus Christi, Tex., is engaged in pre-extraction, extraction, and processing of uranium in the United States and Paraguay. It holds interest in several projects, including Palangana mine in Texas, Slick Rock in Colorado, and Alto Parana titanium projects in Paraguay.

UEC’s stock has gained 84.1% in price so far this year and 62% over the past month. This can be attributed primarily to uranium prices hitting an eight-year high this month, following the recent launch of an exchange-traded trust by Sprott Asset Management LP and the growing utilization of nuclear power as a low carbon emission energy option.

But UEC’s stock is currently trading 20.7% below its 52-week high of $3.77. Moreover, COVID-19 pandemic-related supply disruptions on uranium mining and issues with processing activities could make it challenging to meet the growing demand. And the industry’s cyclical nature only […]

Why Uranium Stocks Plummeted Over 10% Today

Why Uranium Stocks Plummeted Over 10% Today

Uranium stocks climbed higher and higher this past month, but the market correction put a stop to that. Across the board, uranium stocks started to fall — most by over 10%. So, let’s take a look at what’s happening to make uranium stocks drop and whether Motley Fool investors should see this as an opportunity or not. What happened?

Uranium stocks tumbled at the recent market pullback on Monday. Cameco (TSX:CCO) (NYSE:CCJ) , for example, fell by 5% in morning trading. But it wasn’t alone. Denison Mines (TSX:DML) (NYSE:DNN) was also down by 9% Tuesday morning, and others were down anywhere between 10% and 15%.

The drop likely comes from the surge in buying over the past few months in uranium companies. The TSX today dropped by 347 points, as of writing. This was about 2% compared to where it was Friday evening. However, it’s significantly lower than where it […]

Anson Resources confirms high-grade uranium and vanadium at Yellow Cat, Utah

Anson Resources confirms high-grade uranium and vanadium at Yellow Cat, Utah

The ASX-listed battery metals producer is moving to advance the Yellow Cat project in Utah given the obvious potential to supply high-grade uranium ore to help fill existing local mill processing capacity. Anson Resources Ltd ( ASX:ASN ) has confirmed high grades of uranium and vanadium from its Stage 2 exploration program at the Yellow Cat Project in Grand County, Utah, USA.

High-grade assay values of up to 87,600 ppm uranium (10.33% U 3 O 8 ) and 143,500 ppm vanadium (25.61% V 2 O 5 ) have been returned.

Importantly, further research was carried out to identify and locate historical information and databases covering certain portions of the Yellow Cat project that will be used to fast-track the development of the next stage, which is already underway. “Multi-mineral/multi-revenue strategy”

Anson executive chairman and CEO Bruce Richardson said: “Anson is focused on the development of the Paradox Brine Project while at […]

Uranium Stocks Are Climbing: See Which Are Best To Buy

Uranium Stocks Are Climbing: See Which Are Best To Buy

The demand for cleaner fuel alternatives is on the rise. As one of the world’s most abundant metals, uranium is a popular choice. A single pellet of uranium produces the same amount of electricity as: One ton of coal

Three barrels of oil

17,000 cubic feet of natural gas

Uses for Uranium Once uranium is depleted for energy use, it’s reusable for other applications since it’s less radioactive. Ships use it for counterweights, and it also has applications in ammunition and armor. Transition to Nuclear Power In 2020, the U.S. government began to invest heavily in uranium mining, contributing to an uptick in the stock market . Uranium fuels nuclear power, which represents approximately 20% of America’s energy and 10% of the world’s electricity. And its use is growing. About 50 new reactors are under construction in countries that include China, India, Russia and the United Arab Emirates, with […]

Are ASX uranium shares fully valued?

Are ASX uranium shares fully valued?

ASX uranium shares have taken the spotlight after uranium prices skyrocketed more than 60% in the past month to over US$50/lb. Uranium shares were quick to rerate, many of which have doubled in the past month . The largest ASX-listed uranium player Paladin Energy Ltd (ASX: PDN) is up 95% in the past month, even after sliding 16% on Monday.

Prospective explorers have also boomed, with names such as Boss Energy Ltd (ASX: BOE) , Deep Yellow Limited (ASX: DYL) and Peninsula Energy Ltd (ASX: PEN) up between 70% and 115% since mid-August.

As both ASX uranium shares and the underlying commodity surge in such a short span of time, experts are questioning whether or not this new price rally is sustainable. Uranium boom “hard to maintain” says Morgan Stanley

Uranium prices are running hot largely thanks to Sprott’s Physical Uranium Trust.The fund has been aggressively buying physical uranium off the […]

Why Uranium Stocks Are Crashing Today

Why Uranium Stocks Are Crashing Today

What happened

Uranium stocks are taking a breather this morning after a torrid run last week. Here are the top losers in the industry as of 12:40 p.m. EDT on Monday: Uranium Royalty (NASDAQ: UROY): down 15%.

Denison Mines (NYSEMKT: DNN): down 12.9%.

NexGen Energy (NYSEMKT: NXE): down 11.7%. Uranium Energy (NYSEMKT: UEC): down 10.9%. Ur-Energy (NYSEMKT: URG): down 10.7%. Cameco Corp (NYSE: CCJ): down 7.6%. Although the International Atomic Energy Agency just raised its long-term nuclear energy estimate substantially, the broader market weakness, muted outlook from Morgan Stanley, and news from China are all weighing on uranium stocks today. So what Uranium stocks have been on fire in recent weeks alongside uranium prices, which shot up almost 60% in just the past four weeks thanks to aggressive spot uranium purchases by the world’s largest physical uranium exchange-traded fund , the Sprott Physical Uranium Trust Fund (OTC: SRUU.F).As of […]

Is It Worth Investing in Uranium Energy Corp. (AMEX :UEC) Right Now?

Is It Worth Investing in Uranium Energy Corp. (AMEX :UEC) Right Now?

Uranium Energy Corp. (AMEX:UEC) went down by -8.73% from its latest closing price compared to the recent 1-year high of $3.77. The company’s stock price has collected 0.93% of gains in the last five trading sessions. The Wall Street Journal reported on 09/15/21 that Uranium Heats Up, and Hedge Funds Score

Plus, the 36-month beta value for UEC is at 2.33. Opinions of the stock are interesting as 2 analysts out of 2 who provided ratings for Uranium Energy Corp. declared the stock was a “buy,” while 0 rated the stock as “overweight,” 0 rated it as “hold,” and 0 as “sell.”

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 stocks like […]

John-Mark Staude: Bullish On Uranium & Other Green Metals – The Daily Dive

John-Mark Staude: Bullish On Uranium & Other Green Metals – The Daily Dive

On today’s Daily Dive, we welcome back John-Mark Staude, CEO of Riverside Resources (TSXV: RRI) . Staude joins us today to update us on the latest at Riverside, the supply and demand situation with copper, and the current outlook on gold. He also share his take on the Federal Reserve’s recent bond and interest rates policies, what commodities to watch, and the outlook for the market with respect to inflation movements.

Riverside Resources, listed on the TSX Venture exchange under the symbol “RRI”, is a unique take on the resource sector. The company bills itself as a prospect generator, with its business model focused on utilizing its database and experienced technical team to acquire and discover new potential exploration assets. The model has evidently worked very well for the company over its thirteen years of operation, with the firm having conducted a number of spin-outs and transactions that were beneficial […]

Uranium Energy Corp. (AMEX:UEC) trade information

In the last trading session, 22.87 million shares of the Uranium Energy Corp. (AMEX:UEC) were traded, and its beta was 2.33. Most recently the company’s share price was $3.24, and it changed around -$0.31 or -8.73% from the last close, which brings the market valuation of the company to $828.01M. UEC currently trades at a discount to its 52-week high of $3.77, offering almost -16.36% off that amount. The share price’s 52-week low was $0.82, which indicates that the current value has risen by an impressive 74.69% since then. We note from Uranium Energy Corp.’s average daily trading volume that its 10-day average is 17.69 million shares, with the 3-month average coming to 5.76 million.

Uranium Energy Corp. stock received a consensus recommendation rating of a Buy, based on a mean score of 1.50. If we narrow it down even further, the data shows that 0 out of 2 analysts […]

Resources Top 5: Battery recyclers, porphyry hunters, and an ‘extraordinary’ uranium discovery

Resources Top 5: Battery recyclers, porphyry hunters, and an ‘extraordinary’ uranium discovery

We are not responsible for the spelling on this gif. Gif: Australian Survivor share

Hannans has enjoyed sizable rerate after moving into battery recycling earlier this month

92E just chose the perfect time to make a uranium discovery in Canada

3200m of drilling has now kicked off at Culpeo’s flagship ‘Las Petacas’ copper project Here are the biggest small cap resources winners in early trade, Monday September 20. (Up on no news) This humble nickel explorer has enjoyed a sizable rerate after moving into the lithium-ion battery recycling game earlier this month.Hannans wants to recover high purity metals from scrap and spent batteries in Norway, Sweden, Denmark and Finland – the region with the highest electric vehicle (EV) penetration rates in the world.Subject to securing a feedstock source, Hannans decision on Stage 1 plant locations are expected 1st Quarter next year.A decision on a Stage […]

Critical Commodities with Jack Lifton: A Uranium Boom?

Critical Commodities with Jack Lifton: A Uranium Boom?

We’re inaugurating a new feature this week. Every Monday morning InvestorIntel will bring you a brief commentary on what news’ events drove critical commodity prices during the preceding week. Keep in mind that “news” in the mainstream media is not proof either of new resource discovery or of market demand. It does, however, often drive demand for shares in related mining ventures and in commodity metal exchange prices for the “metals of the week.”

Uranium is the winner of the commodity news cycle for last week not because of any new discoveries or unusual rise in end-user demand, but because a credible, well-financed Canadian fund manager, Sprott, announced that it had raised more than a billion dollars for the purpose of acquiring physical uranium on the spot market. By mid-week, Sprott’s Physical Uranium Trust, an ETF, (TSX: U.UN), reported that it held 27,000,000 lbs of uranium (in the form of […]

Why ASX uranium shares are diving double-digits on Monday

Why ASX uranium shares are diving double-digits on Monday

ASX uranium shares have pulled back sharply on Monday following a weak open for the S&P/ASX 200 Index (ASX: XJO). Steep declines for the uranium sector

ASX uranium shares opened to a sea of red on Monday. The largest ASX-listed uranium player, Paladin Energy Ltd (ASX: PDN) , is currently down 14.56% to 88 cents.

Energy Resources of Australia Limited (ASX: ERA) is another large uranium player, down 6.19% to 45.5 cents.

Advanced explorers such as Boss Energy Ltd (ASX: BOE) and Deep Yellow Limited (ASX: DYL) are down double digits, sinking 15.94% and 15.69% respectively.At the smaller end of town, explorers such as Peninsula Energy Ltd (ASX: PEN) , Bannerman Energy Ltd (ASX: BMN) and Vimy Resources Ltd (ASX: VMY) are also logging consistent declines, all down around 15% or more. 92 Energy Ltd ( ASX: 92E) is the only ASX uranium share to tip higher, surging 28.3% to […]

92 Energy (ASX:92E) share price rockets 43% on uranium discovery

92 Energy (ASX:92E) share price rockets 43% on uranium discovery

The 92 Energy Ltd (ASX: 92E) share price has rocketed more than 43% in today session. Shares in the uranium player have surged ahead after releasing a promising announcement earlier today.

Let’s take a look at why investors are pushing the 92 Energy share price higher today. 92 Energy share price soars on uranium discovery

Shares in 92 Energy have soared after announcing the discovery of a new zone of uranium .

The company released an announcement earlier today, noting new zones of uranium mineralisation at its Gemini Project.92 Energy identified the zones from chemical assays of samples from a drill hole (GEM-004).Mineralisation of 0.12% uranium oxide was intersected at 5.5 metres, including 1 metre at 0.28% uranium oxide.The highest-grade assay within this sub-interval returned 0.36% uranium oxide at 0.5 metres.92 Energy managing director Siobhan Lancaster noted; To identify 5.5m of 0.12% U3O8 on the fourth drill hole of our […]

Global Atomic Provides Update on the Dasa Uranium Project

Global Atomic Provides Update on the Dasa Uranium Project

Plans to Break Ground for the Mine Portal On Schedule for Q1 2022

TORONTO, Sept. 15, 2021 /CNW/ – Global Atomic Corporation ("Global Atomic" or the "Company"), (TSX: GLO ) (OTCQX: GLATF) (FRANKFURT: G12) today provided an update on critical aspects of the Dasa Uranium Project in the Republic of Niger.

Internal Review of the Feasibility Study ("FS") the Company is currently engaged in an internal review of key elements of the FS

the review provides the Company with the opportunity to audit key FS assumptions, ensure Dasa is an efficient and modern operation, and attain the highest level of project cost certainty results of the Company’s pilot test program and successful testing of Dasa Ore at Orano Mining’s nearby Somaïr Mill confirm the process flow sheet and higher metal recoveries than carried in our April 2020, Preliminary Economic Assessment for Dasa the COVID-19 pandemic has […]