Bargain stocks under $20 including NU, BIOX, and NXE can offer investors both short- and long-term growth potential for an affordable price.

EQNX::TICKER_START (OTCQB:STLNF),(TSXV:STUD),(CSE:MEC),(NYSE:NXE),(OTCQX:CVVUF),(OTCQX:FCUUF) EQNX::TICKER_END

PALM BEACH, Fla., Sept. 11, 2024 (GLOBE NEWSWIRE) -- FN Media Group News Commentary - Uranium markets are seen to be significantly growing by most experts, for years to come. One such expert, Statista, said: “In line with the rise of nuclear energy since the 1950's, uranium has become a pivotal commodity. This is especially true for countries that are highly dependent on nuclear energy to fulfill their domestic energy needs. Kazakhstan is the largest single producer of uranium in the world by a significant margin. Other top uranium producers include Canada, Namibia, and Australia. The world’s largest uranium producing mine is Cigar Lake in Canada.  The leading consumers of uranium worldwide are the countries with the highest share of nuclear energy: the United States, China, and France. The U.S. used nearly 18,050 metric tons of uranium in 2022. That was more than twice as much as France, which ranked third. Although there are global tendencies towards alternative energies, the worldwide nuclear energy consumption has remained consistent over the past decade. This suggests that uranium will likely continue to be an important commodity for decades to come. And another industry watcher Sprott added: “Geopolitical tensions and supply uncertainties persist, influencing uranium supply dynamics. Despite these challenges, global demand remains robust, driven by nuclear reactor restarts and new builds, supporting a sustained bullish outlook for uranium.”   Active mining companies in the markets this week include Stallion Uranium Corp. (OTCQB: STLNF) (TSX-V: STUD), Mustang Energy Corp. (CSE: MEC), NexGen Energy Ltd. (NYSE: NXE), CanAlaska Uranium Ltd. (OTCQX: CVVUF) (TSX-V: CVV), FISSION URANIUM CORP. (OTCQX: FCUUF) (TSX: FCU).

Three stocks stand out for investors to consider as they recently had big selloffs. There are fundamental reasons to believe that these discounts won't last

Uranium prices have experienced a significant surge, climbing from below US$60/lb to over US$107/lb in the past 18 months. While prices have recently dipped, Citi remains “tactically bullish,” predicting a rebound. Citi projects uranium could reach US$98/lb later this year and average US$94/lb, with a peak target of US$98/lb. Looking ahead to 2025, prices are … Continue reading "Uranium Prices Set for a Comeback, Says Citi"

Uranium output is expected to drop this year in the world’s third-largest uranium producing country, Namibia, due to strip mining activities and severe drought. Despite these challenges, the global uranium market is set to grow, with production gains expected from key players like Kazakhstan and Canada. Kazakhstan’s output is rebounding to 23.2 kilotonnes, while Canada’s … Continue reading "Global Uranium Market Heats Up as Namibia Faces Production Decline Amid Rising Demand"

EQNX::TICKER_START (OTCPK:GLIOF),(CSE:PURR),(NYSE:NXE),(OTCQX:CVVUF),(OTCQB:FDCFF),(TSXV:CVV),(TSXV:FMC),(TSXV:DMX) EQNX::TICKER_END

On behalf of Generation Uranium Inc. Canada is on track to reclaim its position as the world’s largest uranium producer, a title it lost to Kazakhstan in 2009. In 2022, Canada produced 15% of the global uranium supply and became the top supplier to the US by 2023, delivering 27% of its uranium. With uranium … Continue reading "Canada Poised to Reclaim Title as World’s Largest Uranium Producer"

PALM BEACH, Fla., July 10, 2024 (GLOBE NEWSWIRE) -- FinancialNewsMedia.com News Commentary - Many recent reports project significant growth in the Global Nuclear Power Market. A report from Cognitive Market Research said that the Global Nuclear Power Market is witnessing significant growth in the near future. The report added: “In 2023, the Pressurized Water Reactor (PWR) segment accounted for a noticeable share of global Nuclear Power Market and is projected to experience significant growth in the near future. The Electric Power Generation segment is expected to expand at the significant CAGR retaining position throughout the forecast period.” An additional report from IBIS World mentioned: “Nuclear power companies produce electricity by heating water in a reactor via nuclear fission and using the produced steam to spin large turbines. The United States has more nuclear electricity generation capacity than any other country, generating more than 771.5 billion kilowatt-hours of electricity alone, according to the Energy Information Administration's (EIA) most recent Electric Power Monthly report.” In an article published by Financial Gambits: “The recent sanctions on Russian uranium imports have disrupted global supply chains, increasing the reliance on domestic and allied sources. The US government has shown strong support for domestic uranium production, with significant investments in nuclear energy infrastructure and policy support for new projects. As a matter of fact, the U.S. federal government said it would provide a $1.5 billion loan to restart a nuclear power plant in southwestern Michigan last month. Holtec International acquired the 800-megawatt Palisades plant in 2022 with plans to dismantle it. But now the emphasis is on restarting it by late 2025, following support from the state of Michigan and the Biden administration. Right now the U.S. is the world’s largest producer of nuclear power but the problem is that it imports 90% of its annual uranium requirement. For a long time now the U.S. has heavily relied on Russia, Kazakhstan, and Uzbekistan for nearly 50% of its uranium supply. This won't be the case for too long however, considering that on April 30, the Senate voted to approve legislation banning the import of enriched uranium from Russia.” Active Mining Companies in the industry include: Panther Minerals Inc. (OTCPK: GLIOF) (CSE: PURR), NexGen Energy Ltd. (NYSE: NXE), CanAlaska Uranium Ltd. (OTCQX: CVVUF) (TSX-V: CVV), Forum Energy Metals Corp. (OTCQB: FDCFF) (TSX-V: FMC), District Metals Corp. (TSX-V: DMX).

Nuclear energy is poised for a comeback, offering investors a unique opportunity to capitalize on the growing demand for clean energy solutions.

EQNX::TICKER_START (OTCQB:STLNF),(TSXV:STUD),(NYSE:NXE),(OTCQB:FUUFF),(OTCQX:FCUUF),(NYSE:CCJ) EQNX::TICKER_END

PALM BEACH, Fla., April 02, 2024 (GLOBE NEWSWIRE) -- FN Media Group News Commentary - Production of Uranium globally is projected to increase and also to reach all time highs. A recent report from Mining.com said that Global uranium production is expected to grow by 11.7% to more than 60.3 kilotonnes (kt) in 2024, according to estimates by UK-based analytics firm GlobalData, with the production rise predominantly coming from key producers such as Kazakhstan and Canada. It added: "Kazakhstan is expected to deliver the highest uranium production growth in 2024, GlobalData says, driven by the planned higher output from the country’s largest uranium producer Kazatomprom. The continuous ramp-up of Canada’s McArthur River uranium mine will also contribute to the global increase, it adds. Kazakhstan accounted for 37.3% (20.1kt) of total global uranium supply in 2023. Despite a 5.1% dip in output in 2023 due to planned lower production from Kazatomprom, its output is expected to recover in 2024, with forecast production of 23.2kt. This will be supported by the company’s plan to produce between 21.2-21.6kt on a 100% basis, while production is expected to increase to between 25.9-26.7kt with no restrictions in 2025." It continued: “Meanwhile, global uranium production in 2024 will be further bolstered by continuous ramp-up of Canada’s McArthur River, which is aiming to produce 6.9kt of uranium (8.2kt of U3O8) for 2024. In October 2023, the Canadian Nuclear Safety Commission renewed the licences for McArthur River for a further 20 years, allowing the mine to continue operations until October 2043. Global uranium production is expected to grow with a compound annual growth rate of 4.1% from 2024 to 2030, as output reaches 76.8kt in 2030.” Active mining companies in the markets this week include Stallion Uranium Corp. (OTCQB: STLNF) (TSX-V: STUD), NexGen Energy Ltd. (NYSE: NXE), F3 Uranium Corp (OTCQB: FUUFF) (TSX-V: FUU), FISSION URANIUM CORP. (OTCQX: FCUUF) (TSX: FCU), Cameco (NYSE: CCJ).

A dramatic rally has been underway in the uranium market, a sector that industry watchers expect to continue its upward trajectory. The spot price for uranium, vital for fueling nuclear reactors, has climbed to just over $106 per pound as of Tuesday. This surge represents a significant increase, with the metal experiencing a roughly 90% price gain in 2023 in a market struggling to meet rising demand.

EQNX::TICKER_START (OTCQB:STLNF),(TSXV:STUD),(OTCQX:ISENF),(OTCQX:FCUUF),(NYSE:DNN),(NYSE:NXE) EQNX::TICKER_END

EQNX::TICKER_START (OTCQB:STLNF),(TSXV:STUD),(OTCQB:SASKF),(NYSE:CCJ),(NYSE:DNN),(NYSE:NXE) EQNX::TICKER_END

PALM BEACH, Fla., Feb. 14, 2024 (GLOBE NEWSWIRE) -- FN Media Group News Commentary - Experts predict that the global uranium market is likely to reach a 16 year peak in 2024. A recent article in Reuters headlined: “Supply risks fuel uranium's flight to more than 16-year peak.” The article said that Uranium prices have hit their highest in more than 16 years on a buying frenzy triggered after the world's largest miner of the nuclear fuel highlighted production risks, but the price surge is likely to mean the restart of mothballed capacity. It added: “Kazakhstan's Kazatomprom (KZAP) in January 2024 said it may cut its 2024 production plan due to difficulties with the availability of sulphuric acid needed to produce uranium. Uranium oxide prices, under pressure for years after the Fukushima nuclear accident in 2011 battered demand, picked up momentum in August 2021 when disruptions caused by COVID lockdowns hit supplies and created shortages. They have since rocketed 250%, and are up 15% so far this month to their highest since November 2007 at $106 a lb. After a decade of dormancy, uranium suddenly came to life in mid-2021, rising above its long-standing cap at $30 a lb, which also happens to be the global industry’s marginal cost of mined production," said Liberum analyst Tom Price. Liberum forecasts a 300,000 lb deficit this year, down from a shortfall of 1.1 million lbs in 2023, and estimates 2024 demand at 174.7 million lbs, up from 170.4 million lbs last year.” Active mining companies in the markets this week include Stallion Uranium Corp. (TSX-V: STUD) (OTCQB: STLNF), IsoEnergy Ltd. (OTCQX: ISENF) (TSX-V: ISO), FISSION URANIUM CORP. (OTCQX: FCUUF), Denison Mines Corp (NYSE American: DNN) (TSX: DML), NexGen Energy Ltd. (NYSE: NXE).

The world’s renewed interest in uranium is turning it into the hottest commodity of the year, akin to gold. Uranium prices have jumped to $70 per pound, marking a 42% increase since the beginning of 2023 and the highest level since the pre-Fukushima disaster peak of $73 in 2011. Analysts suggest that prices could climb … Continue reading "Uranium is the New Gold as Prices Rise to 12-Year High"

EQNX::TICKER_START (OTCQB:HZLIF),(CSE:HZ),(NYSE:CCJ),(OTCQX:FCUUF),(NYSE:UEC),(NYSE:NXE) EQNX::TICKER_END

Shares of NexGen Energy Ltd. (NYSE: NXE) traded at a new 52-week high today and are currently trading at $5.83. So far today, approximately 587.83k shares have been exchanged, as compared to an average 30-day volume of 2.89M shares.

PALM BEACH, Fla., Feb. 13, 2024 (GLOBE NEWSWIRE) -- FN Media Group News Commentary - Companies in the Uranium and Metal Ore Mining industry in Canada mine molybdenum, platinum, palladium, uranium, cobalt, and a variety of metal bearing ores sold to various markets. Industry revenue is closely linked to the underlying prices of the commodities, which themselves are a function of global supply and demand conditions. The prices of these major commodities experience significant volatility. Overall industry revenue has climbed at a CAGR of 5.4% to an estimated $4.0 billion, while leading to growth in industry profit. Revenue reached about 3.5% in 2023 alone as a result of emerging downstream demand. According to the World-Nuclear.org said: “Canada is a country rich in uranium resources and a long history of exploration, mining and generation of nuclear power… With known uranium resources of 694,000 tonnes of U3O8 (588,500 tU), as well as much continuing exploration, Canada has a significant role in meeting future world demand.” A report from IBISWorld said that the Uranium & Metal Ore Mining industry in Canada outlook (2024-2029) is projected to increase over the next five years. It said that commodity price movement dictates the pace of industry growth. The industry in Canada will continue to be primarily driven by fluctuations in the prices of its underlying commodities. Declining prices for molybdenum and platinum will inhibit industry growth, but be partly offset by inclines/rises in the price of uranium.   Active mining companies in the markets this week include Hertz Energy Inc. (OTCQB: HZLIF) (CSE: HZ), Cameco (NYSE: CCJ) (TSX: CCO), FISSION URANIUM CORP. (OTCQX: FCUUF) (TSX: FCU), Uranium Energy Corp (NYSE American: UEC), NexGen Energy Ltd. (NYSE: NXE).

EQNX::TICKER_START (OTCQB:STLNF),)(TSXV:STUD),(NYSE:UEC),(OTCQX:FCUUF),(NYSE:DNN),(NYSE:NXE) EQNX::TICKER_END

PALM BEACH, Fla., Jan. 31, 2024 (GLOBE NEWSWIRE) -- FN Media Group News Commentary - The next several years are predicted to produce a strong growth rate in the uranium ore global market. Uranium ore refers to the process of extraction of uranium ore from the ground. At the mine, uranium ore is extracted and treated to produce uranium oxide, which is then exported. The conversion of mined ore into uranium oxide (also known as yellowcake) often takes place on the mine site. The main types of uranium ore are granite-type uranium deposits, volcanic-type uranium deposits, sandstone-type uranium deposits, and carbonate-siliceous-pelitic rock-type uranium deposits. Carbonate-siliceous-pelitic rock-type uranium deposits are an important mineralization phenomenon outside the Red Bed. Both not only have the same source, same time, and same area but also have the relationships of cause and effect. The mining type includes underground mining and surface mining. A report from the Business Research Company said that: “The uranium ore market size has grown strongly in recent years. It will grow from $1.11 billion in 2023 to $1.21 billion in 2024 at a compound annual growth rate (CAGR) of 9.5%. The growth in the historic period can be attributed to the nuclear power plant construction boom, the cold war and military demand, the Chernobyl and three-mile island incidents, global economic trends, and changes in the regulatory environment. The uranium ore market size is expected to see strong growth in the next few years. It will grow to $1.81 billion in 2028 at a compound annual growth rate (CAGR) of 10.5%. The growth in the forecast period can be attributed to government policies and incentives, focus on carbon emission reduction, geopolitical stability, exploration and discovery of new uranium deposits, public perception and social acceptance. Major trends in the forecast period include advancements in nuclear technology, development of in-situ recovery (ISR) technology, focus on uranium enrichment technologies, increased scrutiny on environmental and social impact, and diversification of uranium end-use applications.” Active mining companies in the markets this week include Stallion Uranium Corp. (TSX-V: STUD) (OTCQB: STLNF), Uranium Energy Corp (NYSE American: UEC), FISSION URANIUM CORP. (OTCQX: FCUUF), Denison Mines Corp (NYSE American: DNN) (TSX: DML), NexGen Energy Ltd. (NYSE: NXE).

EQNX::TICKER_START (OTCQB:STLNF),(TSXV:STUD),(OTCQB:SASKF),(NYSE:NXE),(NYSE:UEC),(OTCQB:FUUFF) EQNX::TICKER_END

PALM BEACH, Fla., Jan. 17, 2024 (GLOBE NEWSWIRE) -- FN Media Group News Commentary - Uranium mining is the extraction of uranium ore from the ground for use in nuclear power plants and the development of nuclear weapons. Uranium is a radioactive element that occurs naturally in trace amounts in soil, rock, and water. Uranium is primarily used as a fuel in nuclear reactors, where it undergoes nuclear fission to produce energy in the form of heat. The uranium mining market’s performance is influenced by several drivers, which are factors or conditions that encourage or stimulate growth and activity within the industry. The demand for nuclear energy plays a significant role in driving uranium mining. As countries seek to reduce greenhouse gas emissions and diversify their energy sources, nuclear power generation becomes an attractive option. The construction and expansion of nuclear power plants lead to increased uranium demand, driving uranium mining activities. According to RationalStat’s most recent industry report, the Global Uranium Mining Market value was estimated at US$ 8,086.6 million in 2023 and is expected to rise at a strong CAGR of over 5.0% over the forecast period of 2023-2030. The report says: “The global uranium mining market is expected to reach US$ 11,388.3 million by 2030, with an annual growth rate of more than 5.0%. The uranium mining market is estimated to be 53.0 thousand tons (kt) in 2023. About 66% of the global production of uranium from mines is from Kazakhstan, Canada, and Australia.”   Active mining companies in the markets this week include Stallion Uranium Corp. (TSX-V: STUD) (OTCQB: STLNF), ATHA Energy Corp (CSE: SASK) (OTCQB: SASKF), NexGen Energy Ltd. (TSX: NXE) (NYSE: NXE), Uranium Energy Corp (NYSE American: UEC), F3 Uranium Corp. (OTCQB: FUUFF) (TSX-V: FUU).

PALM BEACH, Fla., Jan. 10, 2024 (GLOBE NEWSWIRE) -- FN Media Group News Commentary - Nuclear power is becoming a more dependable and scalable energy source due to the world’s growing demand for electricity, particularly in emerging economies. Thus, the market for uranium mining is supported. Nuclear power becomes a more appealing alternative as countries work to fulfill these targets and switch to low-carbon energy sources. In order to meet these environmental goals, increasing nuclear power depends heavily on uranium mining. There is a strong correlation between the demand for nuclear power worldwide and the uranium market. Uranium is needed as a fuel for nuclear reactors because nuclear power is becoming more and more popular as nations look for greener, more sustainable energy sources. A report from Market Reports World said that the Global Uranium Market is anticipated to rise at a considerable rate during the forecast period, between 2024 and 2030. In 2022, the market was growing at a steady rate and with the rising adoption of strategies by key players, the market is expected to rise over the projected horizon. The global Uranium market size was valued at USD 2646.85 million in 2021 and is expected to expand at a CAGR of 3.6% of 3.6% during the forecast period, reaching USD $3272.84 million by 2027.   Active mining companies in the markets this week include Stallion Uranium Corp. (TSX-V: STUD) (OTCQB: STLNF), ATHA Energy Corp (CSE: SASK) (OTCQB: SASKF), Cameco (TSX: CCO) (NYSE: CCJ), Denison Mines Corp. (TSX: DML) (NYSE: DNN), NexGen Energy Ltd. (TSX: NXE) (NYSE: NXE).