Tag: uranium

Toronto, Ontario–(Newsfile Corp. – May 16, 2022) – Purepoint Uranium Group Inc. (TSXV: PTU) (OTCQB: PTUUF) ("Purepoint" or the "Company" ) today outlined their remaining 2022 exploration plans for the Hook Lake Joint Venture and eight of their 100% owned projects in the Athabasca Basin, Saskatchewan Canada. These plans include follow-up drilling at the Company’s Red Willow project where this winter’s program outlined an astounding 1.2 kilometres of continuous elevated radioactivity ( see news release April 19, 2022 ).

"By the end of the year we will have completed updated field work at all of our ten, 100% owned uranium projects. This work has included follow-up drilling at some of our high priority targets, inaugural drilling at our more advanced prospects and initial geophysical work over our earlier stage properties," noted Chris Frostad, President & CEO of Purepoint. "Although we continue to advance our entire portfolio, we are most […]

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Palm Beach, FL – May 17, 2022 – FinancialNewsMedia.com News Commentary – It is no surprise that most experts expect the price of uranium to increase in this year of turmoil around the globe, as sure as gold will rise. Uranium is one of the few commodities that has seen two years of solid gains in the midst of the coronavirus pandemic, which most analysts believe indicates that the metal’s price is not dropping any time soon. However, on the supply side, current supply of the metal cannot meet demand. It is expected that constrained supply will push the price of uranium even higher this year. An article in Mining News Wire said that last year, the price of uranium rose by 45%, going from about $29 per pound at the start of the year to $50 per pound in September. […]

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Uranium Energy Corp. (AMEX:UEC) has a beta value of 2.08 and has seen 16.16 million shares traded in the last trading session. The company, currently valued at $871.70M, closed the last trade at $3.44 per share which meant it lost $0.0 on the day or 0.00% during that session. The UEC stock price is -91.86% off its 52-week high price of $6.60 and 45.06% above the 52-week low of $1.89. The 3-month trading volume is 15.62 million shares.

The consensus among analysts is that Uranium Energy Corp. (UEC) is an Overweight stock at the moment, with a recommendation rating of 1.60. 0 analysts rate the stock as a Sell, while 0 rate it as Overweight. 1 out of 4 have rated it as a Hold, with 3 advising it as a Buy. 0 have rated the stock as Underweight. The expected earnings per share for the stock is -$0.01.

3 […]

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While volatility grips global financial markets, utilities continue to ignore the uranium spot market and concentrate on securing term supply contracts.

-Spot market hit by general volatility
-Term market actions remains buoyant
-Signs of increasing short and long term demand

Global financial markets remained volatile last week on fears of central bank inflation-busting sending economies into recession – more particularly Europe, which is suffering most from Ukraine fallout, but also the US, while Chinese lockdowns weigh on the world’s second largest economy.Given uranium has become a plaything of financial speculators, any widespread financial market fear is finding its way into the spot uranium market. Industry consultant TradeTech’s weekly spot price indicator fell -US$4.75 last week to US$50.00/lb.Only five transactions were completed in the spot market last week, totalling 500,000lbs U3O8 equivalent.While TradeTech’s spot price indicator has declined over -22% in the last month, it remains up 9% so far […]

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The following discussion and analysis should be read in conjunction with our unaudited condensed consolidated financial statements for the three-month period ended March 31, 2022, and the related notes thereto, which have been prepared in accordance with U.S. GAAP. Additionally, the following discussion and analysis should be read in conjunction with Management’s Discussion and Analysis of Financial Condition and Results of Operations and the audited consolidated financial statements included in Part II of our Annual Report on Form 10-K for the year ended December 31, 2021. This Discussion and Analysis contains forward-looking statements and forward-looking information that involve risks, uncertainties and assumptions. Our actual results may differ materially from those anticipated in these forward-looking statements as a result of many factors. See section heading "Cautionary Statement Regarding Forward-Looking Statements," above. While the Company has established the existence of multiple Mineral Resources and extracts and processes saleable uranium from these […]

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Jumbo2010/iStock via Getty Images Investment thesis

Energy Fuels Inc. (NYSE: UUUU ) has seen its shares plummet by 40% in the past few weeks since I made a bullish call on the name.

The main driver of the sell-off? Uncertainty in the energy markets. Investors are fearful that as economies grow at a slower pace than previously expected, this would have an impact on energy requirements.

Hence, this would reduce the need for fledgling energy sources, such as uranium.For now, too many investors are pricing back to the date that Russia invaded Ukraine, as an anchor. However, readers should keep in mind that the dynamics that got us here were already in place, and were already bubbling before the invasion took place. The invasion simply put the spotlight on this area.Here’s why I’m still bullish on Energy Fuels. Why Energy Fuels? Why is now a good time? Energy Fuels engages in […]

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Uranium Energy Corp. (AMEX:UEC) went up by 11.69% from its latest closing price compared to the recent 1-year high of $6.60. The company’s stock price has collected -16.71% of loss in the last five trading sessions.

Plus, the 36-month beta value for UEC is at 2.08. Opinions of the stock are interesting as 3 analysts out of 4 who provided ratings for Uranium Energy Corp. declared the stock was a “buy,” while 0 rated the stock as “overweight,” 1 rated it as “hold,” and 0 as “sell.”

Here’s Your FREE Report on the #1 Small-Cap Uranium Stock of ’22.
Small-cap Uranium stocks are booming in 2022! The company we’re about to show you is the ONLY small-cap stock in the space that benefits from ALL aspects of the global Uranium industry with none of the risks of running a mine. Smart investors will not be hesitating on this one! […]

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Let’s start up with the current stock price of Uranium Energy Corp. (UEC), which is $3.44 to be very precise. The Stock rose vividly during the last session to $3.60 after opening rate of $3.20 while the lowest price it went was recorded $3.19 before closing at $3.08.Recently in News on April 20, 2022, Uranium Energy Corp Expands U.S. Warehoused Physical Uranium Program to 5 Million Pounds U3O8. NYSE American Symbol – UEC. You can read further details here

Uranium Energy Corp. had a pretty favorable run when it comes to the market performance. The 1-year high price for the company’s stock is recorded $6.60 on 04/13/22, with the lowest value was $2.34 for the same time period, recorded on 01/28/22.

Here’s Your FREE Report on the #1 Small-Cap Uranium Stock of ’22.
Small-cap Uranium stocks are booming in 2022! The company we’re about to show you is […]

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→ 27 U.S. Cities Where Stocks Yield 26% a Year (Ad) Cameco Co. ( NYSE:CCJ – Get Rating ) (TSE:CCO) – Equities research analysts at Raymond James upped their Q2 2022 earnings estimates for Cameco in a report released on Wednesday, May 11th. Raymond James analyst B. Macarthur now expects that the basic materials company will post earnings per share of $0.02 for the quarter, up from their previous estimate of $0.01. Raymond James also issued estimates for Cameco’s FY2022 earnings at $0.22 EPS.

Several other equities analysts have also commented on the company. Bank of America increased their price objective on Cameco from C$40.00 to C$46.00 in a research report on Tuesday, April 12th. StockNews.com upgraded Cameco from a “sell” rating to a “hold” rating in a report on Thursday. Royal Bank of Canada dropped their target price on Cameco from C$50.00 to C$45.00 in a report on Friday, […]

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Cameco (TSX: CCO) last week reported its first-quarter financial results, where it showcased strong year-over-year increases. The company said its revenue grew 37% year over year to $398 million, while its gross profits came in at $50 million, compared to ($40) million last year. This led the company to report positive net earnings of $40 million, or earnings per share of $0.10.

For the company’s segmented results, they said that the average realized price per pound for uranium was US$43.24, up 34% year over year. While it produced 1.9 million pounds of Uranium and sold 5.9 million pounds.

The CEO, Tim Gitzel, said in the news release, “With the recent uranium price increase, we are beginning to enjoy the benefits of the strategic and deliberate decisions we have made. And, with leverage to rising prices, we are well-positioned to continue to capture value from the market transition we believe is underway, […]

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VANCOUVER, British Columbia, May 16, 2022 (GLOBE NEWSWIRE) — Standard Uranium Ltd. (“Standard Uranium” or the “Company”) (TSX-V: STND) (OTCQB:STTDF) (Frankfurt: FWB:9SU) is pleased to announce that mobilization of the Standard Uranium exploration team and the Base Diamond Drilling Ltd. crew has commenced to the Company’s flagship 25,886 hectare Davidson River Project (“Davidson River” or the “Project”), located in the Southwest Athabasca Uranium District of Saskatchewan. The focused drill program will follow up on prospective structures and alteration intersected during previous programs and test brand new areas.

Key Focus Points : Objective is to make a basement hosted high-grade uranium discovery

Drilling to commence third week of May 2022

Two drill rigs, helicopter-supported Follow-up drilling on the southeast Warrior and Bronco corridors with vectoring information gained during the 2021 Phase II programs (Figure 1) Thunderbird trend basement rocks will be tested for the first time […]

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Toronto, Ontario–(Newsfile Corp. – May 16, 2022) – Purepoint Uranium Group Inc. (TSXV: PTU) (OTCQB: PTUUF) ("Purepoint" or the "Company" ) today outlined their remaining 2022 exploration plans for the Hook Lake Joint Venture and eight of their 100% owned projects in the Athabasca Basin, Saskatchewan Canada. These plans include follow-up drilling at the Company’s Red Willow project where this winter’s program outlined an astounding 1.2 kilometres of continuous elevated radioactivity (

"By the end of the year we will have completed updated field work at all of our ten, 100% owned uranium projects. This work has included follow-up drilling at some of our high priority targets, inaugural drilling at our more advanced prospects and initial geophysical work over our earlier stage properties," noted Chris Frostad, President & CEO of Purepoint. "Although we continue to advance our entire portfolio, we are most excited about returning to our newest priority at […]

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→ Crypto Millionaire: “Pay Attention to May 20th” (Ad) Wall Street brokerages expect Cameco Co. ( NYSE:CCJ – Get Rating ) (TSE:CCO) to post earnings per share of ($0.02) for the current quarter, according to Zacks Investment Research . Zero analysts have issued estimates for Cameco’s earnings, with estimates ranging from ($0.06) to $0.02. Cameco posted earnings per share of ($0.08) in the same quarter last year, which indicates a positive year over year growth rate of 75%. The business is expected to issue its next quarterly earnings report on Monday, January 1st.

According to Zacks, analysts expect that Cameco will report full year earnings of $0.11 per share for the current financial year, with EPS estimates ranging from $0.00 to $0.22. For the next financial year, analysts forecast that the business will report earnings of $1.19 per share, with EPS estimates ranging from $0.99 to $1.38. Zacks’ earnings per […]

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→ "new normal coming"??? (Ad) A number of firms have modified their ratings and price targets on shares of Cameco (NYSE: CCJ) recently: 5/6/2022 – Cameco had its price target lowered by analysts at Canaccord Genuity Group Inc. from C$44.00 to C$43.00.

5/6/2022 – Cameco had its price target lowered by analysts at Royal Bank of Canada from C$50.00 to C$45.00.

4/22/2022 – Cameco had its price target raised by analysts at Canaccord Genuity Group Inc. from C$37.00 to C$44.00. They now have a “buy” rating on the stock.

4/20/2022 – Cameco had its price target raised by analysts at Raymond James from C$40.00 to C$47.00. 4/14/2022 – Cameco was downgraded by analysts at Zacks Investment Research from a “buy” rating to a “hold” rating. According to Zacks, “Cameco Corporation is one of the world’s largest uranium producers, a significant supplier of conversion services and one of two CANDU […]

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3 Penny Stocks For Your Watchlist This Coming Week

With a new week of trading penny stocks and blue chips comes new opportunities to learn and new chances to make (or lose) money. It is usually a good idea to take some time at the beginning of each week to review what happened in the market over the past week, and to set some goals for the coming week. This doesn’t have to be a long or difficult process; just a quick look at your game plan for trading penny stocks .

Now, if you’ve invested in the past few weeks, you’ve likely seen the detrimental effects of recent market momentum. And while this is not easy for any traders, there are some ways to utilize this to profit. Recently, a trend that has […]

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Insiders at GoviEx Uranium Inc. ( CVE:GXU ) sold US$634k worth of stock at an average price of US$0.43 a share over the past year, making the most of their investment. After the stock price dropped 14% last week, the company’s market value declined by CA$30m, but insiders were able to mitigate their losses.

Although we don’t think shareholders should simply follow insider transactions, we do think it is perfectly logical to keep tabs on what insiders are doing. GoviEx Uranium Insider Transactions Over The Last Year

In the last twelve months, the biggest single sale by an insider was when the Independent Director, David Cates, sold CA$139k worth of shares at a price of CA$0.41 per share. While we don’t usually like to see insider selling, it’s more concerning if the sales take place at a lower price. It’s of some comfort that this sale was conducted at […]

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SASKATOON, Saskatchewan / May 05, 2022 / Business Wire / Cameco (TSX: CCO; NYSE: CCJ) today reported its consolidated financial and operating results for the first quarter ended March 31, 2022 in accordance with International Financial Reporting Standards (IFRS).

“With the recent uranium price increase, we are beginning to enjoy the benefits of the strategic and deliberate decisions we have made. And, with leverage to rising prices, we are well-positioned to continue to capture value from the market transition we believe is underway, and that is supported by the fundamentals; fundamentals characterized by durable, full-cycle demand against a backdrop of growing concerns about security of supply,” said Tim Gitzel, Cameco’s president and CEO.

“Durable demand is being driven by the accountability for achieving net-zero carbon targets, while balancing the need for affordable, reliable and secure baseload electricity, all while diversifying away from reliance on Russian energy supplies. Governments […]

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WEEKLY MARKET REPORT After a terrible week the ASX 200 took a step away from the abyss with a strong rally to end the week and push the index well above the key 7000-point barrier.

In a strong rise of 1.9%, all sectors were up, all rising at least 1% except for the defensive consumer staples sector, but the hard-hit technology sector staged a dramatic 7% turnaround.

That boosted the ASX 200 by 134.07 points for a close of 7075.10 points, although even that dramatic recovery was not enough to prevent a fourth consecutive week of losses, with the index down 1.8% for the week and 6.1% since turning down. Market jumps back well above 7000 mark

Still, it could have been much worse with the market down as much as 9% at its worst.The rise followed comments from US Federal Reserve chairman Jerome Powell that played down chances of faster […]

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Uranium is required for nuclear power plants. Like aeroplanes, when something goes wrong with nuclear – it’s dramatic – it makes headlines and burns into everyone’s brain.

But judged by the cold metric of human deaths per Kilowatt/hour – nuclear reactors are 40 X safer than gas and 330 X safer than coal .

Nuclear energy now supplies 10% of the world’s electricity and is responsible for one-third of global carbon-free electricity. Fifty-five power reactors are currently being constructed in 19 countries, notably China, India, Russia and the United Arab Emirates. is focused on the strategic acquisition, exploration, and development of alternative energy/fuel projects , including uranium, lithium, and other critical clean energy elements.AAZ is developing its majority-owned joint venture East Preston uranium project , and its recently acquired Hatchet Lake […]

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→ Investor Alert: Argentina Loaded With "White Gold" Opportunity (Ad) Cameco Co. ( TSE:CCO – Get Rating ) (NYSE:CCJ) – Raymond James raised their FY2022 earnings per share (EPS) estimates for shares of Cameco in a research report issued to clients and investors on Wednesday, May 11th. Raymond James analyst B. Macarthur now anticipates that the company will earn $0.28 per share for the year, up from their prior forecast of $0.25. Raymond James has a “Outperform” rating and a $47.00 price objective on the stock. Raymond James also issued estimates for Cameco’s Q1 2023 earnings at $0.30 EPS, Q2 2023 earnings at $0.38 EPS, Q3 2023 earnings at $0.48 EPS, Q4 2023 earnings at $0.62 EPS and FY2023 earnings at $1.77 EPS.

Other research analysts also recently issued reports about the stock. Eight Capital boosted their target price on shares of Cameco from C$38.00 to C$48.00 and gave the […]

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Blue Sky Uranium ( TSXV: BSK ) would like to cordially invite you to visit us at Booth #531 at the Vancouver Resource Investment Conference (VRIC) to be held at the Vancouver Convention Centre West (1055 Canada Place, Vancouver) on Tuesday May 17 Wednesday May 18, 2022.

Former Prime Minister of Canada, Stephen Harper and Former President of Mexico, Felipe Calderon are two of the marquee speakers at the 2022 Resource Investment Conference. The Vancouver Resource Investment Conference (VRIC) will host over 100 international keynote speakers covering the hottest topics in finance, economics and geopolitics on May 17th and 18th, 2022.

Alongside the former Canadian Prime Minister and Mexican President are best selling finance author Robert "Rich Dad" Kiyosaki, dozens of globally respected economists, legendary money managers, and investors. The conversations on stage will cover the most important investment opportunities and key issues in macro-finance.

The VRIC will include a marketplace of […]

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