URANIUM ENERGY CORP. (PresseBox) (Herisau) The uranium price has jumped. Investors should think about an entry.
Uranium has many advantages. Nuclear energy compared to other forms of electricity generation is efficient, reliable and clean. Compared to other forms of energy, nuclear energy produces the lowest CO2 equivalent emissions, so good for global decarbonisation targets. Uranium has a high energy density, which is positive for extraction and transport. For example, a nuclear fuel pellet is only the size of a gummy bear. The unbeatable capacity factor of nuclear power compared to conventional or alternative energy sources comes into play when solving global energy needs.
Uranium share prices have moved strongly recently. This is a potential indicator for higher uranium prices. The uranium price is influenced on the one hand by a growing production and demand imbalance and on the other hand by future supply contracts. This is because as more nuclear power plants are built globally, demand for uranium increases. Also, major purchases by mutual funds and juniors have driven up uranium spot prices. As a result, 2021 will likely be the strongest year for non-utility buying in the last decade. At the same time, production is dwindling, a perfect scenario for rising uranium prices. As yet, the production gap or demand gap is being met with secondary supply, although this is not infinite.
With new uranium production likely to come with higher prices, uranium fans should start looking at uranium companies.
For example,
Current company information and press releases from
In accordance with §34 WpHG I would like to point out that partners, authors and employees may hold shares in the respective companies addressed and thus a possible conflict of interest exists. No guarantee for the translation into English. Only the German version of this news is valid.
Disclaimer: The information provided does not represent any form of recommendation or advice. Express reference is made to the risks in securities trading. No liability can be accepted for any damage arising from the use of this blog. I would like to point out that shares and especially warrant investments are always associated with risk. The total loss of the invested capital cannot be excluded. All information and sources are carefully researched. However, no guarantee is given for the correctness of all contents. Despite the greatest care, I expressly reserve the right to make errors, especially with regard to figures and prices. The information contained herein is taken from sources believed to be reliable, but in no way claims to be accurate or complete. Due to court decisions, the contents of linked external sites are also co-responsible (e.g. Landgericht Hamburg, in the decision of
.
(C) 2021 M2 COMMUNICATIONS, source
