Uranium stock to watch- $SYH Uranium is coming back with nuclear providing a carbon-free, low-cost, scalable energy source. With EV demand increasing, the global demand for electricity is expected to grow 76% by 2030 and analysts are predicating a supply shortfall of uranium.
Skyharbour Resources is a uranium exploration company with 6 drill-ready projects covering over 240k ha of land.
They hold a 100% interest in the Moore Uranium Project:
- 12 contiguous claims totaling 35,705 ha
- Historic exploration with over $40M in expenditures
- In Maverick Zone: Drill hole ML-61 returned 4.03% eU3O8 over 10 m, including 20% eU 3 O 8 over 1.4 m, starting at a depth of 264.68 m
- Other 2 drill holes returned 5.14% U3O8 over 6.2 m, and 4.01% U3O8 over 4.7 m
They also own 24.5% of the Preston Uranium Project, 15% in the East Preston project, 100% interest in Falcon Point, 100% interest in the Yurchison Project, 100% interest in the Mann Lake Project, and Valor signed an agreement to purchase 80% of the Hook Lake Project.
They are down 7.1% today to $0.325, good entry point imo- this will be a uranium stock to watch.