Shares of uranium and rare earths miner Energy Fuels (UUUU 14.48%) rallied 13.8% on Tuesday.Energy Fuels had multiple news items boosting sentiment today. First, the company announced record monthly uranium production from one of its operational mines in May. Second, Meta Platforms (META -0.60%) signed a 20-year nuclear agreement with Constellation Energy (CEG -0.13%) to power its AI data centers, lifting sentiment for future uranium demand.Together, these items fueled a double-digit move in the stock.Energ ...

Group 1 - Cameco's shares increased by 2.8% as of 2:26 p.m. ET, with a peak increase of 4.8% earlier in the day, coinciding with gains in the S&P 500 and Nasdaq Composite [1] - The rise in Cameco's stock is attributed to a significant 20-year energy purchase agreement between Meta Platforms and Constellation Energy, which has positively impacted nuclear stocks across the industry [1][2] - The deal signifies a growing interest from tech companies in nuclear energy as they seek reliable power sources for their energy-intensive data centers, particularly to support artificial intelligence operations [3] Group 2 - Cameco, as the largest uranium provider globally, stands to benefit from the increasing demand for uranium driven by the energy needs of AI and the softening attitudes towards nuclear energy [5] - The ongoing AI arms race is expected to further escalate the demand for power, thereby increasing the demand for uranium in the future [5] - For investors seeking exposure to uranium stocks, Cameco represents a solid addition to a well-diversified portfolio due to its leading position in the market [5]

VANCOUVER, British Columbia, June 03, 2025 (GLOBE NEWSWIRE) -- Greenridge Exploration Inc. (“Greenridge” or the “Company”) (CSE: GXP | FRA: HW3 | OTCQB: GXPLF), is pleased to announce that it has acquired the Raven Uranium Project (“Raven”, or the “Property”) in northern Saskatchewan, Canada via low-cost staking. Raven consists of four mineral claims encompassing 6,269 hectares (15,491 acres), located near the eastern margin of the Athabasca Basin about 65 kilometres (40 miles) southeast of Cameco Corporati ...

Core Viewpoint - Energy Fuels Inc. is rapidly advancing its uranium production capabilities and pipeline projects in response to recent U.S. government initiatives aimed at revitalizing the domestic uranium industry, with significant achievements reported at the Pinyon Plain mine and other projects [2][3]. Group 1: Pinyon Plain Mine Achievements - The Pinyon Plain mine achieved a record production of 6,043 tons of ore in May, with an average grade of 2.14%, yielding 258,745 pounds of U3O8, a 71% increase from the previous month [4]. - Over the past five months, the mine produced approximately 12,461 tons of ore at an average grade of 1.92%, totaling 478,384 pounds of U3O8 [4]. - The company has reported a monthly production rate of roughly 96,000 pounds of U3O8, with the last two months averaging around 205,000 pounds per month, indicating confidence in exceeding future production expectations [4][5]. Group 2: Bullfrog Project Developments - An updated Technical Report for the Bullfrog Project revealed Indicated Mineral Resources of 10.5 million pounds of eU3O8 and Inferred Mineral Resources of 3.4 million pounds, marking increases of 15% and 70% respectively compared to previous estimates [7][8]. - The Bullfrog Project is projected to have a 15-year mine life with annual production of approximately 700,000 to 800,000 pounds of U3O8, with total development capital estimated at $55 million [9]. - The report indicates an after-tax Net Present Value (NPV) of $31 million and an Internal Rate of Return (IRR) of 14% at an 8% discount rate, with a simple payback period of about 5.8 years [9]. Group 3: Roca Honda and EZ Complex Projects - The Roca Honda Mine has been added to the "FAST-41" federal permitting dashboard, which may expedite its permitting process, with expectations of becoming a large-scale uranium producer later this decade [12]. - Current estimates for Roca Honda indicate a Measured and Indicated Mineral Resource of approximately 17.6 million pounds of eU3O8, with an average grade of 0.48% [13]. - The EZ Complex project is also undergoing permitting activities, with the company holding an air permit and renewing the Aquifer Protection Permit, considered an important long-term uranium project [14].

Core Insights - Uranium Energy Corp (UEC) is strategically positioned to meet the anticipated increase in uranium demand due to the U.S. government's initiative to quadruple nuclear capacity and rebuild its nuclear industrial base [3][5] - The company has achieved significant operational milestones, including the commissioning of new In-Situ Recovery (ISR) production in Wyoming and advancing construction in South Texas [4][10] - UEC's financial position is strong, with $271 million in cash, inventory, and equities, and no debt as of May 30, 2025 [6] Financial Highlights - UEC filed its quarterly report on Form 10-Q for the quarter ended April 30, 2025, with the SEC, which includes interim condensed consolidated financial statements [2] - The company reported an inventory of 1,356,000 pounds of U3O8 valued at $96.6 million at market prices [6] - UEC plans to expand its U.S. warehoused physical uranium program by 300,000 pounds through purchase contracts in December 2025 at $37.05 per pound [6] Operational Developments - The first new mine unit at Christensen Ranch ISR Mine has been commissioned, marking a significant operational milestone [7] - Construction at the Burke Hollow ISR Project in South Texas is progressing on schedule, with key advances in wellfield development and processing infrastructure [10][12] - UEC's workforce has expanded to over 100 employees in Wyoming and 40 in South Texas, supporting the company's growing operations [6][13] Project Updates - The Roughrider project in Canada is being prepared for pre-feasibility, with metallurgical test work significantly advanced [5][17] - UEC is advancing its hub-and-spoke ISR production platform in Wyoming's Great Divide Basin, with a Technical Report Summary expected by the end of fiscal 2025 [14][16] - The company has initiated efforts to amend conventional mining permits at the Sweetwater Uranium Project to incorporate ISR mining methods [15]

Company Overview - Cameco is a large Canadian miner that produces and processes uranium into fuel for nuclear power plants and owns a 49% stake in Westinghouse, providing services to nuclear power companies [2] - It is one of the largest publicly traded producers of uranium globally [2] Market Dynamics - Cameco's stock price is influenced by uranium prices, which fell in February 2024 but have since recovered to around $58 per share [1] - The company operates primarily in North America, a region considered economically and politically stable, which is a key selling point for its uranium [4] - The nuclear power industry experiences significant swings due to external factors, with past events like the Fukushima meltdown impacting uranium demand [5] Long-term Outlook - There is an expected growing supply gap for uranium starting in 2030 due to increasing global nuclear power usage, which could lead to higher uranium prices [9] - Cameco's strategy of signing long-term contracts helps stabilize earnings during periods of falling uranium prices, making it a less volatile investment option [8][10] Investment Considerations - The long-term outlook for uranium demand suggests strong financial performance for Cameco as demand is projected to exceed supply [10] - The company is viewed as a "pick-and-shovel" play on the growth of nuclear power, appealing to conservative investors [10] - However, past nuclear power renaissances have not lasted, and potential future nuclear incidents could negatively impact the industry's perception [11][12]

Core Insights - The article highlights the impressive stock market performance of Canadian uranium miner Cameco Corporation, noting a 25% year-to-date gain as of October last year, which outperformed many peers in the sector [2]. Company Summary - Cameco Corporation is identified as a significant player in the uranium mining industry, with its stock performance being a focal point of the analysis [2]. - The analysis is conducted by Manika Premsingh, who leads the investing group Green Growth Giants and has extensive experience in investment management and banking [2].

Group 1 - CEO.CA is a leading investor social network focused on venture stocks, providing exclusive updates and insights from CEOs and executives globally [1][2] - Founded in 2012, CEO.CA is a wholly owned subsidiary of EarthLabs, Inc., and is recognized as one of the most popular free financial websites and apps in Canada, attracting millions of users annually [2][6] - The platform facilitates connections among investors, enabling them to share knowledge and discuss impactful stories related to stocks, commodities, and emerging companies [2][6] Group 2 - Mustang Energy Corp. has made a significant move in the uranium sector by acquiring Nucleus Uranium, adding over 18,000 hectares to its portfolio [4] - The CEO of Mustang Energy, Nicholas Luksha, discusses the strategic implications of this acquisition and the current state of the uranium market in an exclusive interview [4] - The interview series 'Inside the Boardroom' aims to provide insights from industry leaders, focusing on their vision, challenges, and strategies [3][5]

Core Viewpoint - Energy Fuels Inc. (UUUU) and Centrus Energy (LEU) are well-positioned to benefit from the global shift towards nuclear energy as a clean power source, despite facing challenges from declining uranium prices and market dynamics [1][2][3]. Group 1: Market Dynamics - Uranium prices have declined by 20.5% over the past year, reaching an 18-month low of $64 per pound before recovering to around $71 per pound [2]. - The U.S. aims to expand its nuclear energy capacity from approximately 100 GW in 2024 to 400 GW by 2050, which is expected to revitalize the uranium market [3][4]. Group 2: Company Performance - Energy Fuels has seen a 33.5% year-over-year revenue decline to $16.9 billion in Q1 2025, primarily due to deferred uranium sales [9]. - Centrus Energy reported a 67% year-over-year revenue increase to $73.1 million in Q1 2025, with the LEU segment revenues surging 117% [18]. Group 3: Production and Sales Outlook - Energy Fuels produced 150,000 pounds of finished uranium in Q1 2025 and expects to ramp up production to 1,000,000 pounds by the end of 2025 [11][13]. - Centrus Energy has a $3.8 billion revenue backlog, including long-term contracts with major utilities through 2040 [19]. Group 4: Valuation and Investment Potential - UUUU shares have gained 6.3% this year, while LEU shares have surged 92% [29]. - Centrus Energy is trading at a forward price-to-sales multiple of 4.79X, making it more attractive compared to Energy Fuels' multiple of 13.47X [30]. - Centrus Energy is currently rated as a Strong Buy, while Energy Fuels has a Sell rating [34].

Core Insights - Cosa Resources Corp. has reported positive results from ambient noise tomography (ANT) surveys at its Ursa and Orion uranium projects in the Athabasca Basin, Saskatchewan, indicating strong potential for uranium mineralization [1][3][4] Summary by Sections Project Overview - Cosa Resources holds 100% ownership of the Ursa and Orion uranium projects, which are located in the Athabasca Basin, a region known for its uranium deposits [1][3] ANT Survey Results - The ANT surveys have successfully identified high-priority target areas at both Ursa and Orion, demonstrating the effectiveness of modern geophysical methods in generating lower-risk drill targets compared to traditional electromagnetic surveys [3][4][8] - At Ursa, two significant target areas have been highlighted along a mineralized trend, with the U1 anomaly showing over 100 meters of continuous sandstone alteration and increased uranium content [5][6][8] - The U2 anomaly, approximately 2 kilometers long, is located above a conductive trend and has historical drilling results indicating uranium enrichment [9] Target Areas - At Orion, three priority target areas (O1, O2, O3) have been identified, characterized by low velocity anomalies that suggest potential uranium-bearing hydrothermal systems [10][11][12][13] - Target O1 measures approximately 1,700 by 800 meters, while O2 and O3 measure approximately 1,800 by 900 meters and 1,600 by 700 meters, respectively [11][12][13] Next Steps - The company plans to conduct ground EM surveying at Ursa to refine targets before follow-up diamond drilling, while at Orion, a reinterpretation of historical surveys will be undertaken to finalize drill targets [14] - Cosa's immediate focus includes an expanded summer drill program at the Murphy Lake North Joint Venture, which is expected to follow up on promising results from winter 2025 drilling [14][15] Company Background - Cosa Resources operates in northern Saskatchewan, with a portfolio of approximately 237,000 hectares across multiple projects, most of which are underexplored and located within established uranium corridors [20] - In January 2025, the company entered a strategic collaboration with Denison Mines, enhancing its access to additional prospective uranium exploration projects [21] - The management team has a proven track record in uranium exploration, having previously contributed to significant discoveries in the region [22]