quakes99 wrote: Yesterday, Haywood Securities published its "Weekly Dig" newsletter discussing the state of things in the Mining and Metals Sector, including coverage of Uranium related companies. On Page 21 of the report is a table comparing Uranium Producers, Developers and Explorers based on a number of factors from Consensus Targets and Upside to Resources and Enterprise Value/lb U3O8.
In that table you will find Fission and Nexgen listed in the Explorers Group. For Fission, Haywood shows that the Consensus Target Price for FCU is $1.96, with implied upside of
205.7%. For Nexgen Consensus Target is $3.75, with implied upside of
58.2%. Denison has implied upside of
100.6%, Energy Fuels
182.6%, and Cameco
31.4% to name a few more. Uranium Participation, which tracks the price of U3O8, has implied upside of
35.7%.
https://s5.postimg.org/ul2jpv18n/Haywood_Uranium_Comparables_Table.jpg It's surprising to see that potential returns for Cameco and Uranium Participation are not that far below that of Nexgen, while Fission's potential is nearly 4x higher in the upper end of implied returns based on the consensus of analysts. Undervalued by the market?
Once U prices start to move higher, I wonder which companies will attract the most new investment dollars moving into the Uranium space, if they use tables like these to help with their stock picking?
You can view/download the full Haywood report below:
Haywood Securities - Weekly Dig on Mining and Metals - 20 May 2016 –
New Good luck with your own stock picking based on your own due diligence, research, and investment thesis.
Cheers!