Top Reasons Investors May Want to Get Bullish on Uranium

Expert Stock Advice

It may be time to get bullish on uranium again.  All as nuclear energy regains its healthy glow.

Sure, right now, uranium is trading near all-time lows – but that may not be the case for long. For one, China, India, Russia, and the United States are making big nuclear investments.

In fact, according to Bloomberg, “The world’s biggest emitter, China’s planning at least 150 new reactors in the next 15 years, more than the rest of the world has built in the past 35. The effort could cost as much as $440 billion; as early as the middle of this decade, the country will surpass the U.S. as the world’s largest generator of nuclear power.” All of which could be a strong catalyst for companies such as Skyharbour Resources Ltd. (TSXV:SYH)(OTCQB:SYHBF), Cameco Corporation (TSX:CCO)(NYSE:CCJ), Uranium Energy Corporation (NYSE:UEC), Denison Mines Corporation (TSX:DML)(NYSE:DNN), and Energy Fuels Inc. (NYSE:UUUU)(TSX:EFR).

In addition, we have global leaders fighting to cut emissions, which could increase dependency on uranium.  Three, the world is running into a severe supply-demand issue.  Even  Cameco President and CEO Tim Gitzel has said, “Uranium supply is becoming less certain due to years of persistently low prices,” as quoted by S&P Global Platts.