The last few years have shown that within the uranium industry, the cost of mining is particularly important with many mining operations with costs over the spot price.
Even experienced, large-scale uranium miners like Cameco can struggle with keeping production costs below the spot uranium price.
Denison Mines has a flagship project at Wheeler River that stacks up well relative to many of its peers. Prior to the Fukushima nuclear accident in 2011, Denison Mines was close to $3.50. There is a lot to like about Denison Mines, and if you like the uranium sector, then this stock is a strong contender to be part of the mix. Photo by Searsie/iStock via Getty Images Introduction Often the focus on mining stocks centers on the resources that a company has in the ground and attempting to value those resources. Whilst finding large reserves is of course an important […]
- Do contribute something to the discussion
- Do post factual information, analysis and your view on company valuations
- Do disclose if you have an interest in a security
- Do not make low-content posts, unsubstantiated ramps or untruthful/misleading statements
- Do not complain about a post unless you have reported it first, and not on the forum.
- Do not post financial advice
- Do not advertise or post sponsored content