Rapidly Rising Uranium Price Should Significantly Benefit These Uranium Stocks

TM Editors Note: This article discusses penny stocks and/or microcaps. Such stocks are easily manipulated; do your own careful due diligence.

2017 may mark an inflection point for uranium prices as a result of Donald Trump’s pro-nuclear statements coupled with Kazatomprom, the world’s largest uranium producer, planning a production cut. With more than 60 nuclear reactors to open in the near term, and another 140 planned for construction globally, we have identified 3 TSX uranium stocks that have the greatest leverage to a rising uranium price.

Written by SmallCapPower.com 

The 3 uranium stocks that have the greatest leverage to a rising uranium price are:

1. Denison Mines Corp. (TSX: DML) – $1.05 Canadian

Denison Mines Corp. is a uranium exploration and development company engaged in the acquisition, exploration and development of uranium properties, extraction, processing and selling of uranium. The Company holds interests in exploration and evaluation projects located in Canada, Mali, Namibia and Zambia.

  • Market Cap: $558 million CDN
  • Total Revenue (LTM): $19 million CDN
  • Total Debt (FQ0): $0.00
  • Price Change (since 10/01/16): 31.3%

2. Energy Fuels Inc. (TSX: EFR) – $3.03 Canadian

Energy Fuels Inc. (Energy Fuels) is engaged in conventional and in-situ (ISR) uranium extraction and recovery, along with the exploration, permitting and evaluation of uranium properties in the United States. The Company operates through two segments: ISR Uranium and Conventional Uranium. It conducts its ISR activities through its Nichols Ranch Project, located in northeast Wyoming. It conducts its conventional uranium extraction and recovery activities through its White Mesa Mill. It owns the Nichols Ranch Uranium Recovery Facility in Wyoming (the Nichols Ranch Project), which is a uranium recovery facility operating in the United States. In addition, the Company owns the White Mesa Mill in Utah, which is a conventional uranium recovery facility operating in the United States.

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