URA News and Press, Global X Uranium From 02/21/21

Uranium mining stocks have skyrocketed in recent months following Cameco's temporary shutdown of Cigar Lake and Kazatomprom's efforts to stop a glut. U308 prices rose considerably last year as COVID caused a decline in production - the renewal of production may have the opposite effec...

Geiger counter going off after decade-long decline. Similar patterns of 2020 lows argue for larger moves just starting. We highlight some of our favorites from the sector. For further details see: Riding The Stock Waves: Update On The Uranium Sector

Cameco (CCJ) +6.3% pre-market, poised to open at a 52-week high, after reporting a surprise Q4 profit and better than expected revenues.Other uranium stocks on watch include [[DNN]] +11.9%, [[UUUU]] +6.3%, [[UEC]] +7.4%, [[URG]] +8.4%, [[NXE]] +3.5% pre-market; ETF: [[URA]] +2.5%.Cameco ...

Nuclear power emits nearly 70 times less carbon dioxide than coal, making it significantly less intensive carbon source than fossil fuels. The world's largest uranium mine, Cigar Lake, is closed, and the world's largest uranium producer, Kazatomprom, pledged to extend its 20% producti...

Energy Fuels ([[UUUU]] +6.1%) rallies to a 52-week high after the U.S. government funding deal passed last night by both houses of Congress provides $75M  to begin a national uranium reserve sought by the White House as way to help domestic uranium producers.The bill calls for establishi...

NexGen owns the Arrow uranium deposit which is likely the most attractive uranium asset currently in development and will produce huge free cash flows when in production. NexGen will have to raise alot of capital to fund the development of Arrow which is a risk to current equity holde...

Cameco ([[CCJ]] +2.6%) says it will temporarily suspend production at its Cigar Lake uranium mine in Saskatchewan over the coming weeks due to increasing risks posed by the pandemic.Cameco says it had six positive tests at its northern operations in recent weeks, including three at Cigar Lake...

Gainers: Northshore Global Uranium Mining ETF (URNM) +14%.S&P Biotech Bull 3X Direxion (LABU) +13%.Breakwave Dry Bulk Shipping ETF (BDRY) +10%.G-X Uranium ETF (URA) +8%.Ultra VIX Short-Term Fut Proshares (UVXY) +8%.Losers: S&P Biotech Bear 3X Direxion (LABD) -14%.Microsector...

Costco is a great company but the valuation is becoming rather stretched. Johnson and Johnson has lagged recently but has a decent 2-year outlook. The energy space is getting interesting, for patient investors that can handle a lot of volatility. For further details see: ...

Uranium stocks extend Friday's rally after U.S. House and Senate lawmakers revealed a compromise version of the annual National Defense Authorization Act, and Cameco ([[CCJ]] +11.6%) reports two positive COVID-19 cases at its Cigar Lake uranium mine in Saskatchewan.Also: [[UEC]] +15.7%, [[DNN...