Supply and Demand Issues Could Force these Top Uranium Stocks to Higher Highs

Demand for nuclear energy is coming back strong. In fact, with global community intensifying its fight against climate change, nuclear energy is quickly emerging as a promising pathway to help solve the issue. Unfortunately, according to some analysts, there may not be enough supply to go around, as noted by Yahoo Finance. “The squeeze on the metal, found in rocks and seawater, intensified recently after 22 countries, including the US, recently signed a pact at the UN Climate Change conference to triple their nuclear power capacity by 2050,” they added. All of which is great news for companies, such as Skyharbour Resources Ltd. (TSXV: SYH) (OTCQX: SYHBF), Uranium Energy Corp. (NYSE: UEC), Energy Fuels Inc. (NYSE: UUUU) (TSX: EFR), Cameco Corp. (NYSE: CCJ) (TSX: CCO), and Denison Mines Corp. (NYSE: DNN) (TSX: DML).

“There’s no other way to meet those net-zero carbon goals other than nuclear energy," said Nicole Galloway […]

Click here to view original web page at www.baystreet.ca

About the author: StockMan

Please remember:

The information provided here is for general knowledge and educational purposes only.
It is not intended to be a substitute for professional financial advice.
Every individual's financial situation is unique, and what works for one person may not work for another.
Before making any investment or financial decisions, you should always consult with a qualified financial advisor who understands your specific circumstances and goals.

Any information posted on the website has been prepared without taking into account your objectives, financial situation or needs and as such, should never be acted upon. Please be aware that any information posted on this site should not be considered to be financial advice and i am not a financial advisor.