Uranium miners are perhaps one of the most interesting groups of companies in the investment market. Few are profitable, most are entirely dependent on equity dilutions, but the potential long-term upside remains extremely large. Uranium giants like Cameco (CCJ) have produced an excess capacity of uranium over the past decade creating a significant glut. This glut has been exacerbated by the use of salvaged nuclear weapon materials which is of dwindling supply.
While the past decade has been awful for uranium miners, the 2020s are looking much better. Over 100 reactors are on order or