Are Uranium Stocks A Good Investment in 2021?
Owning U3O8 stocks could be an excellent opportunity for investors like you. Uranium stock prices have been rising again, and experts predict that higher uranium prices will continue over the next few years as uranium market demand accelerates.
The pressure is coming from multiple directions:
1) Fuel consumers (utilities)
- An existing fleet of 443 plants
- New construction globally of 51 plants
- China – announcement to triple capacity by 2030
- Russia – building 36 reactors across the globe
- India – 21 new builds by 2031
- Long term contracts expiring
- Depleted inventories
- Power plant life extensions
2) Financial investment firm interests
- Sprott Physical Uranium Trust Fund
- Yellow Cake PLC Fund
3) Existing uranium companies and other uranium miners buy uranium
4) Multiple years of structural deficits – greater demand than supply
5) Worldwide supply destruction for more than a decade due to unprofitable pricing
6) Production curtailment awaiting higher pricing
7) Yellowcake Reserves
- Country Reserve – America
- Corporate Reserves – Kazatomprom and UEC
- International Atomic Energy Agency (IAEA) LEU Bank
8) Governments Political Support
9) Clean Energy Support
- Paris Climate Agreement
10) Existing mine depletions
11) Global demand for electricity to grow by 49% to 2040
You might find it challenging to determine which uranium stocks to buy because you have many unanswered questions.
- Do you know which equities are available?
- Do you know what their projects are?
- Do these companies have solid corporate financials?
- Are there newsworthy events that could influence your decision to buy uranium stocks?
Our community-based website will cover all these topics and more to help you make better-informed decisions about whether or not investing in U3O8 equities is right for you!
Become a UraniumStockInvesting.com member to conduct equity research and select the best uranium stocks to buy and add to your portfolio. You will have access to review organizational data (size, number of employees, including stock performance/charting tools, current stock price, trading range, projects.
Each company stock page displays financial performance data (balance sheet, income statement, cash flow, etc.) and market cap.
You can also read breaking and recent company news, access to the current uranium spot price (also known as the U3O8 price per pound). In addition, our internal social media platform allows you to connect with other members, engage in conversations, and share documents and photos with like-minded people.
How Many Stocks Are Available In This Community?
We currently have over 80+ individual equities (and growing!) covered in our exclusive members-only community.
We cover organizations from producers, exploration companies, developers, milling, conversion, enrichment, fuel fabrication, physical funds, ETF (Exchange Traded Fund), and royalty firms across the lifecycle.
Some of the Best Uranium Stocks 2021
Here are just a few of the stocks mentioned once you join!
- Cameco Corporation (NYSE: CCJ, TSX: CCO)
- Kazatomprom (LSE: KAP)
- NexGen Energy (NYSE: NXE, TSX: NXE, ASX: NXE, FWB: 6NE)
- Denison Mines Corp (NYSE: DNN, TSX: DML)
- Sprott Physical Uranium Trust (TSX: U.U., OTC: SRUUF)
- Global X Uranium ETF (NYSE: URA)
- Horizons Global Uranium Index ETF (TSX: HURA)
- North Shore Global Uranium Mining ETF (NYSE: URNM)
- VanEck Vectors Uranium+Nuclear Energy ETF (NYSE: NLR)
Become a member and download them today!
The Best Uranium Stocks to Buy Now
Lightbridge Corporation (NASDAQ: LTBR)
Lightbridge Corporation is a Massachusetts-based U.S. nuclear fuel technology development firm. The firm aims to reduce the environmental impact of nuclear technology on the environment
Ur-Energy Inc. (NYSE: URG)
Ur-Energy is one of the lowest-cost producers aside from Kazatomprom and has two fully permitted and licensed projects, including the Lost Creek ISR and Shirley Basin ISR operations.
Energy Fuels (NYSE: UUUU)
Energy Fuels recently announced that it’s expanding into rare earth metals.
Uranium Energy Corp. (NYSE: UEC)
U.S. miner and exploration company Uranium Energy Corp. represents one of the largest catalogs of uranium exploration in the United States. Their Executive Vice President, Scott Melbye, has in recent years been the President of Cameco Inc, and also currently serves as the CEO for the Uranium Royalty Corp.
What Are The Best Uranium Stocks To Buy?
Among the top uranium stocks are the three largest producing U3O8 mining firms:
Kazatomprom (Stock Symbol – LSE: KAP) is by far the largest of the uranium producers. The company is primarily owned by the government of Kazakstan, with a smaller percentage of stock available to investors to own.
Cameco Corp (Stock Symbols – NYSE: CCJ, TSX: CCO) is the second-largest of the uranium miners globally.
BHP Group (Stock Symbols – NYSE: BHP, ASX: BHP, LSE: BHP, JSE: BHP) is one of the largest mining firms globally. BHP owns the massive Olympic Dam mine, and is the third-largest U3O8 producer in the world.
There are many things to consider when making your investment decisions.
Should You Start Buying Uranium Stocks Now?
The most significant returns in share price come from investing before or at the beginning of a bull market. So the time to invest in the best uranium equities could be right now!
Massive Demand for Uranium From Nuclear Energy Creates Opportunity
Current Fleet Needs
There are currently 443 operating nuclear power plants (reactors) burning approximately 151 million pounds of natural uranium ore annually to produce electricity for our power grids. In addition, countries are currently constructing another 57 reactors, all needing fuel for initial load and on-site inventory and then refueling regularly after that for their entire operating life.
A whopping 40 of those nuclear reactors are under construction and will be online before mid-decade.
In addition, there are 101 reactors in advanced planning and another 325 proposed for implementation.
Increasing Fuel Demand Is Coming
There are another 98 electricity-generating reactors planned for assembly and another 326 proposed. Globally, there are another 220 research reactors, plus another 200 reactors powering marine propulsion.
The only fuel these reactors can use is enriched uranium and lots of it. There is no alternative. The fuel starts as uranium concentrates (U3O8) which is also referred to as yellowcake. This product then undergoes additional processing as it progresses into usable fuel for powering nuclear reactors.
Current Market Impacts
The supply and demand imbalance is already unreasonable, with producing mines placed on care and maintenance. This action was necessary as U3O8 prices were way below the cost of production. As a result, U3O8 production companies became buying customers of spot products.
Nuclear Is Clean Energy
Nuclear is a popular choice for the electricity needs of consumers because it operates around the clock, even through calm winds, at night, or on cloudy days.
Good for the Environment
Nuclear reactors do not emit significant carbon emissions into the atmosphere like other fossil fuels baseload power sources like natural gas or coal. In fact, during 2019, the U.S. alone avoided more than 476,000,000 metric tons of carbon dioxide emissions through the use of nuclear. This reduction of CO2 equates to about 100,000,000 vehicles removed from the roads and is more than all other “green energy” sources combined for that year.
Small Physical Footprint
Nuclear reactors are generally about a square mile in total each. Thus, an equivalent amount of power from solar would require about 75 square miles to equal one nuclear power plant. Wind farms are even worse, needing about 360 square miles to equal one nuclear plant.
Minimal Unspent Fuel
Nuclear waste is unspent uranium fuel. Since the dawn of atomic power for the U.S., all unspent fuel would fit in a football field less than 10 meters deep.
Disrupted Supply Can Launch Your Equity Investments Even Higher As Physical Uranium Prices Trend Higher
Between 2020 and 2035, over 1.5 Billion pounds of uncovered requests for U3O8 exists from consumers! This figure was calculated pre COVID 19. What does this mean? U3O8 prices must go higher, which drives massive profitability for equities!
Nearly half of the top 10 uranium mines will run dry by 2030:
- Cominak – CLOSED 03/31/2021
- Ranger – CLOSED 01/7/2021
- Rossing – planned closure 2025
- South Moinkum
- East Mynkuduk
- Cigar Lake
Uranium is a metal that forms many oxides which you can do further research on should you chose.
Uranium oxides include:
- Uranium dioxide – (UO2) – also known as “Uraninite” or “Pitchblende”
- Uranium trioxide – (UO3)
- Triuranium octoxide – (U3O8) – also known as “Yellowcake”
- Uranyl peroxide – (UO2O2 or UO4)
Nuclear Power Plants Need Fuel
The global nuclear energy industry relies heavily on the search for new ore deposits and the development of new mining projects. Therefore, significant searches for mineral bodies are needed to continue to operate at a sustainable level in the future.
When the contracting cycle starts, market experts state that there will be a massive scramble globally to secure ore from the few companies remaining in production. There are not enough mines online to fill the demand. The world needs new high-grade mines like NexGen Energy’s Arrow project.
The world nuclear energy industry is in a massive state of flux. The influx of new financial buyers has led to a drastic reduction in U3O8 inventory, leading to spectacular increases in U3O8 prices and equities.
Experts warn that even if all production comes back online, there will still be a massive uranium production deficit lasting many years.
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