CA - Ur-Energy: Positioned For Growth And Ramping Into The Bull Cycle
2024-06-04 22:00:54 ET
Summary
- The uranium market has experienced a significant rise due to the rising demand outlook for nuclear energy and constrained supply.
- Ur-Energy is well-positioned to benefit from this market due to its established production base in the U.S., low-cost operations, and ability to quickly ramp up supply.
- The company is also debt-free, cash-rich, and has significant experience in Uranium production.
- Its leverage to rising prices and expanding production has allowed me to put forth valuation scenarios should the thesis take hold.
- I currently own the stock and hope to benefit from this rising nuclear energy tide.
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Ur-Energy: Positioned For Growth And Ramping Into The Bull Cycle