Top Reasons To Get Bullish On Uranium Heading Into The New Year

( MENAFN – Baystreet.ca) Top Reasons to Get Bullish on Uranium Heading into the New Year

Uranium prices could race to higher highs. For one, there’s a good deal of global demand, with about 55 new reactors being constructed in 15 countries, including China, India, and Russia, according to World-Nuclear.org.“About 90 power reactors with a total gross capacity of about 90,000 MWe are on order or planned, and over 300 more are proposed. Most reactors currently planned are in Asia, with fast-growing economies and rapidly-rising electricity demand.” All of which could be beneficial for uranium companies, such as Anfield Energy Inc. (TSXV: AEC) (OTCQB: ANLDF), 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). In addition, global leaders are attempting to cut back on harmful emissions, which could increase dependency on uranium. In […]

Click here to view original web page at menafn.com

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.