The junior uranium stocks on our list might perform well given the current level of geopolitical uncertainty
SmallCapPower | August 10, 2017: Tensions have been increasing between the U.S. and North Korea over the past few months. North Korea has been consistently threatening the U.S. and the U.S. President has not taken kind to it. President Trump released a statement on Tuesday saying anymore threats from North Korea and “they will be met with fire and fury.” This statement spooked markets as the S&P 500 fell 0.41% on Tuesday. While most stocks slip with extreme tensions such as this, uranium stocks should do well, as countries such as the U.S. look to boost their nuclear stockpiles in reaction to a nuclear-armed North Korea. Today we have identified three junior uranium stocks that could see an increase in investor demand due to current nuclear threats.
Ur-Energy Inc. (TSX: URE) – $0.76
Uranium
Ur-Energy Inc. is an exploration-stage mining company engaged in uranium mining, recovery and processing activities, including the acquisition, exploration, development and operation of uranium mineral properties in the United States. Its flagship property is the Lost Creek Project in Sweetwater County, Wyoming. Its land portfolio includes over 10 projects in the United States. Approximately 10 of the United States projects are in the Great Divide Basin, Wyoming, including its flagship project, Lost Creek Project. Its Wyoming properties together total over 66,000 acres and include over two properties Shirley Basin and Lucky Mc.
- Market Cap: $110,741,748
- Revenue (LTM): $58,829,496
- Primary Country of Risk: United States of America
Azarga Uranium Corp. (TSX: AZZ) – $0.27
Uranium
Azarga Uranium Corp., formerly Powertech Uranium Corp., is an integrated uranium exploration and development company that controls uranium properties located in the United States of America and in the Kyrgyz Republic. It operates through two segments: the Kyrgyzstan Uranium Division and the United States Uranium Division. Its Dewey Burdock Project, located in South Dakota, is its initial development priority. The project is an in-situ recovery uranium project located in the Edgemont uranium district, in South Dakota, the United States. It also owns the Centennial Project, the Aladdin Deposit in Wyoming, over two uranium exploration properties in Wyoming and the Kyzyl Ompul Project located in the Kyrgyz Republic.
- Market Cap: $21,511,119
- Revenue (LTM): $0.0
- Primary Country of Risk: United States of America
Energy Fuels Inc. (TSX: EFR) – $2.16
Uranium
Energy Fuels Inc. (Energy Fuels) is engaged in conventional and in situ (ISR) uranium extraction and recovery, along with the exploration, permitting and evaluation of uranium properties in the United States. The Company operates through two segments: ISR Uranium and Conventional Uranium. It conducts its ISR activities through its Nichols Ranch Project, located in northeast Wyoming. It conducts its conventional uranium extraction and recovery activities through its White Mesa Mill. It owns the Nichols Ranch Uranium Recovery Facility in Wyoming (the Nichols Ranch Project), which is a uranium recovery facility operating in the United States. In addition, the Company owns the White Mesa Mill in Utah, which is a conventional uranium recovery facility operating in the United States.
- Market Cap: $154,065,305
- Revenue (LTM): $67,366,537
- Primary Country of Risk: United States of America
Disclosure: Neither the author nor any of the principals at Small Cap Power, or their family members, own shares in any of the companies mentioned above.
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