Best Uranium Stocks to Buy
- Cameco (CCJ)
- NexGen Energy (NXE)
- Uranium Energy (UEC)
- Denison Mines (DNN)
- Global X Uranium ETF (URA)
- Rio Tinto (RIO)
- BHP Billiton (BHP)
- Cameco Corporation (NYSE:CCJ)
- Uranium Energy (NYSEAMERICAN:UEC)
- Denison Mines (NYSEAMERICAN:DNN)
What are some good stocks to buy now?
Nov 30, 2021 · Uranium Energy (UEC-10.48%) is perhaps the boldest uranium stock pick I'm making right now, because unlike Cameco which is an established uranium miner, Uranium Energy hasn't generated any revenue...
Is uranium a good investment now?
According to Zen Score, the 3 best uranium stocks to buy right now are: 1. CENTRUS ENERGY ( NYSEMKT: LEU) CENTRUS ENERGY ( NYSEMKT: LEU) is the top uranium stock with a Zen Score of 50, which is 22 points higher than the uranium industry average of 28.
What are the top uranium companies?
Top Uranium Stocks BHP Group (NYSE: BHP). BHP Group is a well-diversified mining operation based on the Australian continent. Thanks to a... Centrus Energy (NYSEAMERICAN: LEU). Centrus Energy supplies uranium fuels and services to the greater nuclear power... Uranium Royalty Corp. (NASDAQ: UROY). ...
Should you buy stocks now?
Apr 30, 2022 · Best Uranium Stocks to Buy 1. Cameco (CCJ) 2. NexGen Energy (NXE) 3. Uranium Energy (UEC) 4. Denison Mines (DNN) 5. Global X Uranium ETF (URA) 6. …
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Jun 04, 2021 · Just like Rio Tinto Group (NYSE: RIO), BHP Group (NYSE: BHP), and Cameco Corporation (NYSE: CCJ), Uranium Energy Corp. (NYSE: UEC) …
What is the best nuclear stocks to buy?
- Cameco Corporation (CCJ)
- Energy Fuels (UUUU)
- Uranium Energy Corp. ( UEC)
- Ur-Energy Inc. ( URG)
- Western Uranium & Vanadium Corp. ( WUC)
- Fission Uranium Corp. ( FCU)
- ANU Energy OEIC Ltd.
- Sprott Physical Uranium Trust (SRUFF)
What is the Best uranium ETF?
- North Shore Global Uranium Mining ETF (URNM) As of date: February 28, 2022. 1-year performance: 48.07% ...
- Global X Uranium ETF (URA) As of date: February 28, 2022. 1-year performance: 41.71% ...
- VanEck Uranium+Nuclear Energy ETF (NLR) As of date: February 28, 2022. 1-year performance: 15.71%
Is Uranium Energy a good stock to buy?
The 4 analysts offering 12-month price forecasts for Uranium Energy Corp have a median target of 6.65, with a high estimate of 7.10 and a low estimate of 5.50. The median estimate represents a +61.41% increase from the last price of 4.12.
Can you buy uranium stock?
Is URA ETF a Buy?
Why uranium stocks are up?
In 2020, the U.S. government began to invest heavily in uranium mining, contributing to an uptick in the stock market. Uranium fuels nuclear power, which represents approximately 20% of America's energy and 10% of the world's electricity. And its use is growing.
Is uranium a good investment in 2022?
What is the price of uranium stock?
| Close | Chg | Chg % |
|---|---|---|
| $4.13 | -0.13 | -3.05% |
What is the price of uranium today?
| Name | Price | % |
|---|---|---|
| RBOB Gasoline | 3.60 | -0.40 |
| Uranium | 56.70 | 11.99 |
| Oil (Brent) | 104.94 | -0.29 |
| Oil (WTI) | 102.20 | -0.19 |
Where can I trade uranium stocks?
The Chicago Mercantile Exchange (CME) offers a contract on U308 (triuranium octoxide), the form in which uranium is mostly found in nature. The contract settles into 250 pounds of U308. The contract trades globally on the CME Globex platform and has various expiration months.Apr 6, 2022
Who is the largest uranium producer?
- Kazakhstan - 22,808 tons.
- Canada - 6,936 tons.
- Australia - 6,613 tons.
- Namibia - 5,476 tons.
- Niger - 2,983 tons.
- Russia - 2,911 tons.
- Uzbekistan - 2,404 tons.
- China - 1,885 tons.
Is Cameco a good stock to buy?
8. BHP Group (NYSE: BHP)
This is another of those very historic companies that are more than a hundred years old. The Australian-based company was founded in 1885 and deals in a diverse range of interests in mining, with stakes in oil, gas, copper, silver, zinc, and uranium, among other resources.
9. Ur-Energy Inc. (NYSE: URG)
This is a Colorado-based company that engages in the mining, recovery, and processing of uranium. They have a massive array of projects which is surprising since it has only been around since 2004.
10. Cameco Corporation (NYSE: CCJ)
Though certainly not the largest company in this list, take a moment to consider that as of last quarter, 30 hedge funds are investing in this company -- the most of any company on the list. Consider also that the firm is the second-largest producer of uranium in the world -- accounting for 18% of the global production.
Where is the highest grade uranium mined?
These include Cigar Lake, which is the highest grade uranium mine in the world and is based in Saskatchewan. They also have mines in Wyoming and Nebraska in the US, as well as in Kazakstan. Like many other uranium companies, Cameco has been performing very well in 2021.
Is fission uranium cheap?
Because of this, the Fission Uranium project has the potential to be very inexpensive. The company has conducted feasibility studies to assess the cost of the project.
Why is the US government supporting uranium companies?
To keep the US’s nuclear energy system working properly , the government launched a program to support US uranium companies. As the supply chain has started to return to normal, there’s still plenty of demand for uranium, which has kept uranium stocks moving higher.
Where is the Uranium Mill located?
They currently run the only conventional uranium mill in the US, which is in Utah. Energy Fuels also has mines and exploration projects in Wyoming, Colorado, Utah, and Arizona. In addition to uranium, Energy Fuels is a large producer of vanadium.
Is vanadium a rare earth metal?
In addition to uranium, Energy Fuels is a large producer of vanadium. They’ve also recently started producing rare earth metals, which sets them apart from other uranium companies in the US. Right now, rare earth metals are in high demand for new technologies like electric cars.
Where is Uranium based?
They’re based in Corpus Christi and currently have several properties in Texas, as well as properties in Arizona, Colorado , New Mexico, and Wyoming. They also conduct international exploration work in Paraguay and Canada. This uranium stock was fairly stagnant earlier in 2020 due to a low demand for uranium.
When will McClean Lake mine start producing uranium?
Right now, the company expects to start production at one mine in 2024 and the other in 2030. They also recently announced the discovery of more high-grade uranium at McClean Lake South. This increases their potential yields once the mine is up and running.
Why invest in uranium and nuclear energy?
Despite being out of favor for a while, nuclear power stocks have made a big comeback in 2021. Nuclear energy proponents, including Bill Gates, argue that nuclear power is a must to reduce carbon emissions.
How do you invest in uranium and nuclear energy?
Nuclear energy is a small business for most utilities, like NextEra Energy, which operates seven nuclear power plants. Likewise, the companies developing nuclear technology are either private (such as Bill Gates’ TerraPower) or are small units of larger enterprises, like the French utility EDF (EPA: EDF), the U.S.
How to buy uranium stocks
M1 Finance lets you buy stocks and easily create custom clean energy portfolios for free. Sign up and get up to $500 to invest.
Frequently Asked Questions
Individuals can’t buy physical uranium, which can also be used to make nuclear weapons. However, you can invest in the stocks of uranium miners, uranium miner ETFs, or in a vehicle that holds physical uranium, such as the Sprott Physical Uranium Trust.
What is a Uranium Stock?
A uranium stock refers to the stock of a company that is involved in the business of mining uranium or producing products.
Best Uranium Stocks to Buy
I recommend bookmarking this page to keep you up to date on the Best Uranium Stocks to Buy in 2022. This page is updated Weekly for your reference.
How to Find Uranium Stocks
Finding the best uranium stocks is a simple process we outline below. Follow these quick steps.
Best Uranium Stocks FAQ
The best uranium stocks to buy now are CCJ, NXE, UEC, URA, and others found in this guide.
Is uranium a commodity?
Concerns related to the depletion of uranium at some major mining sites, as well as peak production, have also hit the industry. However, despite the problems, uranium remains one of the best performing commodities in the world along with gold. Story continues.
What is Uranium Royalty Corp?
Uranium Royalty Corp. (NASDAQ: UROY) is a Canada-based company that makes investments in uranium-related royalties, streams, debt and equity. It was founded in 2017 and is placed tenth on our list of 10 best uranium stocks to buy now.
Which companies are involved in the nuclear fuel boom?
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.
What is the UROY?
( NASDAQ: UROY) Uranium Royalty Corp. (NASDAQ: UROY) is a Canada-based company that makes investments in uranium-related royalties, streams, debt and equity. It was founded in 2017 and is placed tenth on our list of 10 best uranium stocks to buy now.
What is UEC mining?
Uranium Energy Corp. (NYSE: UEC) is a Texas-based uranium mining and exploration company founded in 2003. It is placed sixth on our list of 10 best uranium stocks to buy now. The stock has offered investors returns exceeding 213% over the past year. The company has mining interests in the United States, Canada, and Paraguay.
How much is Denison Mines worth in 2021?
At the end of the first quarter of 2021, 10 hedge funds in the database of Insider Monkey held stakes worth $18.1 million in Denison Mines Corp. (NYSE: DNN), up from 6 in the previous quarter worth $7.6 million. Just like Rio Tinto Group (NYSE: RIO), BHP Group (NYSE: BHP), and Cameco Corporation (NYSE: CCJ), Denison Mines Corp.
Is Uranium Energy Corp a mining company?
So as global uranium demand increases, this top uranium stock should see higher returns. Uranium Energy Corp. is a mining and exploration company based in the U.S. It has projects in Texas, Wyoming, Paraguay, New Mexico, Colorado, Arizona and Canada. So it has some diversification benefits as well.
What is Uranium Energy Corp?
Uranium Energy Corp. is a mining and exploration company based in the U.S. It has projects in Texas, Wyoming, Paraguay, New Mexico, Colorado, Arizona and Canada. So it has some diversification benefits as well. One unique thing that sets UEC apart is that it’s unhedged.
Is nuclear energy safe?
Nuclear energy is both cleaner and safer than many people believe. More people and governments are realizing this. The tide is turning, and I’ll explain the potential of nuclear energy below. But first, let’s look at the top uranium stocks in more detail….
How much uranium does Cameco produce?
The company has 455 million pounds of proven and probable mineral reserves. And annually, it has the licensed capacity to produce more than 53 million pounds of uranium concentrates. To lower political and other types of risk, Cameco operates projects around the world.
Where is Uranium Energy located?
Uranium Energy Corp. is a mining and exploration company based in the U.S. It has projects in Texas, Wyoming, Paraguay, New Mexico, Colorado, Arizona and Canada.
When was the worst nuclear disaster?
Although the sentiment is changing as more people step back and look at the facts…. First off, nuclear disasters are rare. Chernobyl, back in 1986, was the worst on record. The World Health Organization (WHO) released a 600-page report on the disaster.
