Uranium Sector Building Momentum

Source: Financial Post, Peter Koven (7/12/11)

"Junior development plays to outperform producers in the short term."

Financial Post, Peter Koven

U308 Sector Picks Up

Four months have passed since the disaster at Japan's Fukushima nuclear plant, and there's no question that the uranium sector is starting to emerge from its slump.

David Talbot, an analyst at Dundee Capital Markets, wrote that the last three weeks in particular have provided some positive indicators for the market.

"Uranium prices have stabilized and the stocks are actually trending upwards—up about 11% across the board," he wrote in a note.

Among the positive news is a takeover proposal for Bannerman Resources Ltd. (TSX:BAN; ASX:BMN), announcements of new nuclear builds in the United Kingdom and Saudi Arabia, and new words of support for nuclear power from Russia, China and India. Mr. Talbot noted that there are 61 reactors under construction around the world right now, a "broad build" by any measure.

By 2020, he expects uranium demand to reach 240–280 million pounds, with only about 200 million pounds of production.

When it comes to the stocks, Mr. Talbot expects the junior development plays to outperform the producers in the short term, as they regain value. His picks include Hathor Exploration Ltd., Rockgate Capital Corp., UEX Corp. and Ur-Energy Inc. (NYSE.A:URG; TSX:URE).

Target Price Raised on U.S. Uranium Firm Advancing Texas Project
Source: Streetwise Reports (01/29/2021)

ROTH Capital Partners report calls the advancement of the Burke Hollow project in Texas a "Positive Sign."

U.S. Firm Ready to Produce, 'Support National Uranium Reserve'
Source: Streetwise Reports (01/27/2021)

Uranium Energy Corp.'s favorable position and the reasons for a target price raise on the company are covered in an H.C. Wainwright & Co. report.

Geophysical Survey Identifies Drill Targets at Athabasca Uranium Project
Source: Streetwise Reports (01/19/2021)

Skyharbour Resources' partner Azincourt Energy carried out this work at East Preston.

Top Pick U.S.-Based Uranium Producer/Developer Offers 'Maximum Upside Exposure'
Source: Streetwise Reports (01/14/2021)

The key reasons Uranium Energy warrants Top Pick status and makes a compelling investment are presented in a Haywood Capital Markets report.

Explorer Reports Final Fall 2020 Drill Results from Uranium Asset
Source: Streetwise Reports (01/09/2021)

Skyharbour Resources drills the second of the two longest, continuous intercepts of uranium mineralization discovered at the Moore project.

2021 Forecast Issue: Financial Navigation in Uncharted Waters
Source: Michael Ballanger for Streetwise Reports (01/05/2021)

Sector expert Michael Ballanger lays out the foundation for his investment strategy in the new year, with uranium and copper augmenting his focus on the precious metals.

Company Options Uranium Project Interest in Northern Saskatchewan
Source: Streetwise Reports (12/09/2020)

Skyharbour Resources is optioning an 80% stake in its North Falcon Point uranium project.

Explorer Expands High-Grade Zone at Athabasca Uranium Project
Source: Streetwise Reports (12/04/2020)

Through a 'breakthrough hole,' Skyharbour Resources encounters the longest continuous intersection of uranium mineralization to date at Moore.

Uranium Company Receives Final Federal Permits for U.S. Project
Source: Streetwise Reports (12/02/2020)

What this milestone means for Azarga Uranium, the next steps for advancing its Dewey Burdock and near-term catalysts are addressed in a Haywood report.

Uranium Developer Obtains Final EPA Permits for Flagship South Dakota Property
Source: Streetwise Reports (11/27/2020)

Azarga Uranium reported that the receipt of the final EPA permits for its Dewey Burdock Project marks another significant milestone achievement for the company.