Plateau Energy Metals Inc. PLUUF

Hidden Ways to Play Uranium’s Revival

[BestYtTC1]

"There’s little doubt that uranium stocks have turned around recently, with Cameco Corporation (CCJ) jumping more than 30% over the past three months. The move is being driven by Japan’s new leadership – perhaps more likely to embrace nuclear power – and sharp production cuts expected from Russia with the expiration of a 24 million pound per year agreement. Analysts expect these trends and others – like new plants coming online in China – to culminate in a 13% rise in global uranium demand by 2013, but production will have a hard time keeping up at current levels.

 

Investors looking to capitalize on these trends have a few options. Purchasing stock in uranium producers like Cameco Corporation or Denison Mines Corp (NYSE AMEX: DNN) is a conservative option that enables investors to capitalize on the likely higher pricing environment. But, junior mining companies holding uranium reserves could have greater upside potential, given their smaller starting market capitalizations and the potential for M&A – a trend that may have started with ARMZ’s $1.3 billion bid to buy the rest of Uranium One (TSX:UUU)..."

 

https://finance.yahoo.com/news/hidden-ways-play-uranium-revival-130000722.html