In this article we discuss the 10 best uranium stocks to buy now. If you want to skip our detailed analysis of these companies, go directly to the 5 Best Uranium Stocks to Buy Now. The long-term demand for uranium has been on an upward trajectory as developing and emerging economies opt for nuclear fuel […]
10 Best Uranium Stocks to Buy Now
The long-term demand for uranium has been on an upward trajectory as developing and emerging economies opt for nuclear fuel to solve their energy problems, primarily because renewable solutions like solar and wind are unreliable base sources for electrical grids and drive up prices, hurting consumers who subsequently influence energy policymaking in this regard. As a result, the global demand for uranium was close to 180 million pounds in 2020. Market experts believe that this figure is set to grow to almost 200 million pounds within the next five years.
Some of the companies that can ride this nuclear fuel boom are the Rio Tinto Group (NYSE: RIO), BHP Group (NYSE: BHP) and Cameco Corporation (NYSE: CCJ). All three are major mining enterprises with significant stakes in the exploration and processing of uranium. Rio Tinto Group (NYSE: RIO) is based in the United Kingdom, BHP Group (NYSE: BHP) operates from Australia, and Cameco Corporation (NYSE
/PRNewswire/ - Uranium Royalty Corp. (TSXV: URC) (NASDAQ: UROY) ("URC" or the "Company") announced today the grant of incentive stock options to purchase.
Uranium Energy Corp Increases Physical and Equity Uranium Holdings
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UEC
CORPUS CHRISTI, Texas, May 20, 2021 /PRNewswire/ - Uranium Energy Corp (NYSE American: UEC) (the Company or UEC ) is pleased to report recent increases in its physical and equity uranium holdings.
The Company has acquired an additional 200,000 pounds of U.S. warehoused uranium. UEC s physical uranium initiative is fully funded with cash on hand and now includes 2.305 million pounds of U.S. warehoused uranium at a volume weighted average price of ~$30 per pound with various delivery dates out to June 2023.
The Company has also acquired an additional 1,000,000 common shares of Uranium Royalty Corp ( URC ) (TSXV: URC,Nasdaq: UROY) in order to maintain its existing strategic ownership position in URC. The Company completed the subscription under a recent bought deal financing which was completed by URC comprised of 6,100,000 common shares at a price of C$4.10 per sh