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Top 5 Uranium Stocks to Buy Amid Biden Infrastructure Support for Nuclear Energy

Five uranium stocks to buy amid growing government support for nuclear energy feature an established dividend payer, a royalty company and three smaller…

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Five uranium stocks to buy amid growing government support for nuclear energy feature an established dividend payer, a royalty company and three smaller uranium miners.

The five uranium stocks to buy are viewed less skeptically than in the past by government leaders and environmentalists when worldwide publicity of nuclear plant mishaps and contamination raised strong concerns and objections. Since then, uranium has become known as a “clean energy” alternative to fossil fuels such as coal. 

As a result, U.S. lawmakers and policymakers are looking toward uranium-powered nuclear energy to reduce dependence on fossil fuels that critics of coal claim contribute to global warming. For the first time in the past 48 years, the Democratic Party is supporting nuclear energy to help the country produce electricity that is 100% free of carbon emissions by 2035.

Five Uranium Stocks to Buy Aided by U.S. Energy Department Support

“Nuclear power is clean, and it is safe,” Secretary of Energy Jennifer Granholm, told Iowa Public Radio during a July 29 interview. “It currently provides 55 percent of the clean energy that we use in this country. We want to support the existing fleet, which is why the bipartisan infrastructure deal actually incentivizes those fleets to stay on.”

Further investment is needed in technology to create the “next generation of nuclear,” using small modular reactors, Granholm said. If a “clean energy standard” is included in the expected $3.5 trillion reconciliation bill, many issues related to the fiscal challenges that some of the nuclear plants have incurred will go away because they will be addressed in the legislation, she added.

The United States has announced a goal to cut up to 52% of its greenhouse gas emissions by 2030. At the same time, the global demand for nuclear power is growing, as more countries are committing to net-zero carbon goals.

Scott Melbye, president and chief executive officer of Uranium Royalty Corp. (NASDAQ:UROY), of Vancouver, B.C., and executive vice president of Corpus Christi, Texas-based Uranium Energy Corp. (NYSE:UEC), told me at the recent FreedomFest conference that lawmakers responded favorably when he testified on March 25 before the Senate Energy and Natural Resources Committee. That full committee hearing focused on ways to maintain and to expand the use of nuclear energy in the United States and abroad.

Five Uranium Stocks to Buy Headlined by Cameco

Aside from UROY and UEC, Melbye said he likes the stocks of his former employer, dividend-paying Cameco (NYSE:CCJ), a Canadian uranium company in Saskatoon, Saskatchewan, as well as non-dividend-paying, development-stage uranium miners NexGen Energy Ltd. (NYSEAmerican:NXE), of Vancouver, Canada, and Toronto’s Denison Mines Corp. (NYSEAmerican:DNN). Cameco is one of the world’s largest providers of uranium, a heavy, silvery-grey metal, and has 455 million pounds of proven and probable reserves, offering sufficient capacity to produce more than 53 million pounds of uranium concentrate annually.

Utilities around the world depend on uranium to generate reliable and carbon-free energy. Plus, more than a decade has passed since the Fukushima disaster in Japan on March 11, 2011, when the Tōhoku earthquake and tsunami caused the most severe nuclear accident since the Chernobyl disaster on April 26, 1986. The latter accident released massive amounts of radioactive material into the environment when a sudden surge of power during a reactor-systems test destroyed Unit 4 of the nuclear power station at Chernobyl, Ukraine, then part of the Communist-led Soviet Union.

Nuclear represents about 10% of annual worldwide electricity generation. With climate concerns on the rise, demand for nuclear power should grow, especially given the new class of nuclear reactors available — from companies like privately held TerraPower, backed by billionaire Bill Gates — that have more reliable cooling systems than those of the past.

Five Uranium Stocks to Buy Benefit from Prices Nearly Doubling in the Past Five Years

“Over the past five years, uranium prices have appreciated to the point where they have nearly doubled,” said Rich Checkan, president and chief operating officer of Rockville, Maryland-based Asset Strategies International, a full-service tangible asset dealer. “This is no doubt a result of a strong push by the current administration away from coal and other fossil fuels and toward cleaner green initiatives.”

Rich Checkan, president and chief operating officer of Asset Strategies International

However, uranium prices are still less than half their 2016 highs and less than one-third of their 2011 peak. Many observers believe this bodes well for uranium miners and those who invest in them, Checkhan told me. 

Five Uranium Stocks to Buy Aided by Multi-Year Contracts with Utilities

“The thing that’s important to note about uranium mining companies is that they operate on multi-year supply contracts with utilities,” said Jim Woods, editor of Successful Investing, Intelligence Report and Bullseye Stock Trader. “That means a steady stream of revenue from nuclear power plants.”

Woods added that the global demand for traditional and non-traditional uses of nuclear power continues to grow as the world moves toward increasing electrification of vehicles, among other products, and away from traditional fossil fuel sources to produce that electricity.

Columnist Paul Dykewicz meets with Jim Woods to discuss stocks to buy.

Billionaire Bill Gates Gives Five Uranium Stocks to Buy a Boost Through TerraPower

Microsoft founder Bill Gates calls nuclear “the safest form of power generation when analyzed by deaths per unit of electricity generated.” Gates and the other founders of TerraPower envision clean and advanced nuclear energy as the pathway to meet growing electricity needs, to mitigate climate change and to lift billions of people out of poverty.

In addition, Barron’s recently wrote, “Looking ahead, global uranium demand is set to outpace production.”

Cameco is a good way to purse the opportunity with uranium, Mark Skousen, editor of the Forecasts & Strategies newsletter, told attendees at the recent FreedomFest conference that he organized. The company’s sales and earnings have been down recently but could be about to change, he added.

Mark Skousen, a descendent of Ben Franklin, meets with Paul Dykewicz.

Skousen, who also heads the Home Run Trader, Five Star Trader, TNT Trader and the Fast Money Alert advisory services, recently forecast that Cameco’s earnings per share will nearly quadruple from $0.19 this year to approximately $0.75 in 2022. Plus, Cameco has “manageable debt” and more than $1 billion in cash on hand, Skousen added.

“By the time most investors realize that nuclear demand is growing, shares of Cameco will be trading substantially higher,” Skousen predicted.

Energy Sector, With Five Uranium Stocks to Buy, Beats Market by 10.6% in Past Year

Cameco has outperformed the S&P 500 by 34.2% and its sector by 23.6% in the past year, according to Stock Rover, an investment data website that offers a free trial by clicking here. The Energy sector overall has beaten the market by 10.6% in the past year.

Chart courtesy of www.StockCharts.com

An American provider of uranium is UEC, which has more than $123 million in cash, equity and physical holdings. The company boasts of preparing for production with its licensed, low-cost In-Situ Recovery (ISR) mining in Texas and Wyoming.

Uranium Energy Corp. has powerful financial backers that include its management team, BlackRock Inc. (NYSE:BLK), Vanguard Group, State Street (NYSE:STT), Fidelity, Northern Trust (NASDAQ:NTRS), UBS Group AG (NYSE:UBS), CEF Holdings, KCR Fund and Global X Management. It also is undertaking the largest pre-construction ISR uranium project in the United States. Plus, the company received a modified Permit to Construct in 2019 at the site in Power River Basin, Wyoming.

Uranium Energy Corp Earns Spot Among Five Uranium Stocks to Buy

UEC recently reported working capital of $64.2 million, including cash and cash equivalents of $43.9 million, term deposits of $4 million and uranium inventory holdings of $26.2 million. The company’s management projects that its existing cash resources and, if needed, cash generated from selling its current assets, will provide sufficient funds to fulfill its uranium inventory purchase commitments, repay $10 million in principal debt when it is due and carry out planned operations for the next 12 months, according to its 10Q for the three months ended April 30. 

However, investing in UEC carries risk. The company reported in the same 10Q that continuing as a “going concern” beyond the next 12 months from that date would depend on obtaining adequate additional financing, since its operations are capital intensive and future capital expenditures are expected to be substantial.

“Historically, we have been reliant primarily on equity financings from the sale of our common stock and on debt financing in order to fund our operations, and this reliance is expected to continue for the foreseeable future,” according to the 10Q. “Our continued operations, including the recoverability of the carrying values of our assets, are dependent ultimately on our ability to achieve and maintain profitability and positive cash flow from our operations.”

Chart courtesy of www.StockCharts.com

Uranium Royalty Corp. Joins Five Uranium Stocks to Buy

Those interested in helping to finance uranium miners without facing the precariousness of variable operating costs, continuing capital expenses and other increasing expenses may like the business model of Uranium Royalty Corp. Royalty companies such as this one provide up-front financing to mine operators in return for royalties on whatever the project produces or the rights to a stream “agreed-upon” uranium at a pre-set price that ideally can be sold to others later at a significantly higher price.

Source: Uranium Royalty Corp.

Royalty companies also are positioned to benefit from a growing deficit between primary production and reactor requirements. Plus, UROY is the first company to apply the royalty and streaming business model exclusively to the uranium sector. 

Chart courtesy of www.StockCharts.com

The company’s 4.6% stake in Yellow Cake plc gives UROY ownership interests in physical uranium that its management said was acquired at cyclical lows. Plus, its portfolio includes interests in 16 development, advanced and permitted uranium projects in multiple jurisdictions, including the McArthur River and Cigar Lake mines.

Source: Uranium Royalty Corp.

NexGen Energy Ltd. Gains Spot Among Five Uranium Stocks to Buy

NexGen Energy Ltd. announced on July 26 that it began field programs focused on detailed geotechnical site confirmation studies and regional exploration drilling at its 100% owned Rook I property in Athabasca Basin, Saskatchewan. The Rook I property hosts numerous electromagnetic (EM) conductors and structural corridors that have yet to be explored but have been found in the Arrow Deposit during the last several years.

The targeted, high priority areas lie within a 10 km. radius of Arrow Deposit within the Patterson Lake Corridor. The holdings also include the Derkson Corridor that is directly parallel and to the east of the Patterson Corridor, which hosts the Arrow Deposit.

Leigh Curyer, NexGen Energy’s chief executive officer, said that the recommencement of field activities to advance the Rook I Project through final engineering and permitting is an exciting time for company. The NexGen group has a “tremendous track record” of discovery and the geological team has been looking forward to resuming exploration drilling on what may be most prospective land package globally, he added.

Chart courtesy of www.StockCharts.com

Do Not Forget Denison Mines as One of the Five Uranium Stocks to Buy

Denison Mines Corp. is an exploration, development and production company founded by Stephen Roman and known for its uranium mining in Blind River and Elliot Lake within the Province of Ontario, Canada. The company in recent years has diversified into coal, potash and other projects.

“We have had several significant news developments at Denison over the last few weeks, and since the beginning of 2021,” said David Cates, president and chief executive officer of Denison Mines. 

Raymond James is among the brokerage firms that has been tracking Denison’s purchase of physical uranium earlier this year, field testing at the flagship Wheeler River project and the closing of the acquisition of 50% of JCU (Canada) Exploration Company, Limited (JCU) from UEX Corporation for cash consideration of $20.5 million to boost its ownership of Wheeler River to 95%.

The Wheeler River project includes the Phoenix deposit, which is one of the highest-grade ones in the world, according to a recent research note from Raymond James. Denison also offers a diversified revenue stream, while exploration and development activities at Wheeler progress. 

Denison offers investors good exposure to uranium through various assets, Raymond James wrote. 

The investment firm placed a price target of $1.80 on Denison, based on a 1.0x multiple (generally in-line with the base metal and uranium universe). If the price target is reached, it would mark a 62.2% jump from the stock’s closing price of $1.11 on Aug. 10.

Chart courtesy of www.StockCharts.com

Delta Variant of COVID-19 Weighs Negatively on Markets Right Now

The highly transmissible Delta variant of COVID-19 is spurring warnings from health experts and elected officials about the rising spread of the virus across the United States. The variant is triggering new surges in case numbers and deaths, according to the Centers for Disease Control and Prevention (CDC).

The Delta variant has emerged as the dominant coronavirus strain in the United States, according to the CDC. With just slightly more than half the U.S. population fully vaccinated, public health officials express concern that a further resurgence of COVID-19 cases may occur in the fall when many unvaccinated children return to school.

Progress in increasing the number of people vaccinated from COVID-19 lifts hope that new cases and deaths will keep falling. As of Aug. 10, 195,646,711 people, or 58.9% of the U.S. population, have received at least one dose of a COVID-19 vaccine. The fully vaccinated total 166,861,912 people, or 50.3%, of the U.S. population, according to the CDC.

COVID-19 cases worldwide have reached 203,881,516 and caused 4,312,351 deaths, as of Aug. 10, according to Johns Hopkins University. U.S. COVID-19 cases reached 36,045,040 and caused 618,086 deaths. America has the dreaded distinction as the country with the most COVID-19 cases and deaths.

The five uranium stocks to buy should benefit strongly from the current perception that nuclear power is a relatively safe source of clean energy. Concerns among environmentalists and certain lawmakers that fossil fuels are contributing substantially to global warming and a climate crisis could put governments on the path of supported uranium miners with regulation and legislation in the years ahead.

Paul Dykewicz, www.pauldykewicz.com, is an accomplished, award-winning journalist who has written for Dow Jones, the Wall Street JournalInvestor’s Business DailyUSA Today, the Journal of Commerce, Seeking Alpha, GuruFocus and other publications and websites. Paul, who can be followed on Twitter @PaulDykewicz, is the editor of  StockInvestor.com and

 DividendInvestor.com,  a writer for both websites and a columnist. He further is editorial director of Eagle Financial Publications in Washington, D.C., where he edits monthly investment newsletters, time-sensitive trading alerts, free e-letters and other investment reports. Paul previously served as business editor of Baltimore’s Daily Record newspaper. Paul also is the author of an inspirational book, “Holy Smokes! Golden Guidance from Notre Dame’s Championship Chaplain,” with a foreword by former national championship-winning football coach Lou Holtz. The book is great as a gift and is endorsed by Joe Montana, Joe Theismann, Ara Parseghian, “Rocket” Ismail, Reggie Brooks, Dick Vitale and many othersCall 202-677-4457 for special pricing!

The post Five Uranium Stocks to Buy Amid Growing Government Support for Nuclear Energy appeared first on Stock Investor.

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Author: Paul Dykewicz

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Energy & Critical Metals

The Ethical Investor: ESG moves, lesson from the energy crisis and JP Equities’ stock tips

The Ethical Investor is Stockhead’s weekly look at ESG moves on the ASX. This week’s special guest is JP Equity … Read More
The post The Ethical…

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The Ethical Investor is Stockhead’s weekly look at ESG moves on the ASX. This week’s special guest is JP Equity Partners’ director and partner, Nic Brownbill.

The world is in the grip of an ongoing global power crisis that has seen energy prices soaring by thousands of percentage points.

From China to Europe and now India, the cost of energy is surging drastically. The price of natural gas has even quadrupled in some parts of the world.

 

Source: IEA via Reuters

 

But economists are now warning this might be just the first of many power crunches the world will see as we transition into the new economy.

According to a research paper by CommBank’s analyst Vivek Dhar, there are two main root causes that led to the crisis — a strong demand recovery from the pandemic, and an acute shortage of two key power-producing fuels – natural gas and thermal coal.

As economies reopen, there is a sudden pent up demand from consumers which meant that factories were forced to switch on their production capacity at short notice. This was exacerbated by a colder than usual European autumn, as the continent potentially faces a more-freezing-than-usual winter season.

In China, the crisis mainly stemmed from an undersupply in local production of coals, according to Dhar, adding that coal supply has been hampered in China because of the government’s own environmental protection regulations.

So what can we learn from all this?

Dhar reckons that we are transitioning into the new economy too fast, too soon.

“What the recent energy crisis has shown is that the energy transition needs to be planned carefully,” Dhar wrote.

“This will mean significant investment in renewable generation, batteries, electricity grids and hydrogen.”

But he thinks the roll-out of a decarbonised grid and role of gas need to be clearly defined too.

“Under-investing in gas infrastructure relative to its role in coming years will only serve to make Europe’s energy market more vulnerable to prolonged gas shortages, and increase dependence on Russia.”

Like Europe, China’s decarbonisation ambition will need to be planned as well, Dhar said.

“If coal mines and coal power plants are closed before a renewable replacement is in place, power shortages in China could be an ongoing concern.”
 

What’s happening in Australia

Australians have chosen climate change as the top ESG priority, according to the latest survey conducted by global ESG consultant, SEC Newgate.

And more than half of the 1,000 Aussies surveyed said they were happy with the direction the government is taking on the environment.

ESG Rio
Source: Survey by SEC Newgate

 

Aussie respondents also nominated retailers Coles Group (ASX:COL) and Woolworths (ASX:WOW) as the top local companies when it came to doing well on ESG metrics.

These results should provide food for thought for PM Scott Morrison, who’s currently caught in a political wrangle with the Nationals in setting our 2050 climate goals.

The PM has told Liberal colleagues that he wants to bring a binding 2050 net zero commitment to the COP26 Summit in Glasgow next month, without having to upgrade Australia’s 2030 commitments.

Nationals Leader and also Deputy PM, Barnaby Joyce, said however that he was willing to back the 2050 targets only if funding for regional producers and farmers were made as part of the deal.
 

Special guest JP Equities’ Nic Brownbill shares his views and ESG stocks

Nic Brownbill, a partner at JP Equity, told Stockhead that decarbonisation is a mega global investment opportunity, one that JP Equity wants to be all in on.

How big is the potential for ESG investing?

“We see the whole decarbonisation theme as the next mega global investment opportunity. An estimated $41 trillion is required to decarbonise the planet. It’s going to be a bigger opportunity than the crypto market, because unlike cryptos, the carbon market is going to be mandated by governments, major asset managers and pension funds.”

Which segment of the ESG market do you see outperforming?

“Some companies will fall short in trying to make their carbon targets, so the balance will need to be met with carbon credits. I think carbon emissions will eventually be metricated, and the carbon offset market is going to be a way for major companies to offset their emissions.”

Would that investment opportunity catch on in Australia?

“I believe the Australian market hasn’t really caught on to the opportunity of this yet. But I think something will really start to emerge from the COP26 conference in November, where you’ll see a sustained mega theme starting to unfold in this country.

“I think we will start to see a complete emergence of Australian companies in the carbon space over the next few months and beyond.”

What are the ASX stocks that JP Equity likes in the carbon credit space?

One ASX stock that we’ve been watching very closely is  Fertoz (ASX:FTZ). They’re a leading North American fertiliser manufacturer that produces a unique low-emission rock phosphate product that increases crop yield by 15%.

“Importantly, it can generate significantly lower CO2 emissions in manufacturing compared with other commercial fertilisers.

“This presents a really significant opportunity because agriculture as a sector accounts for 24% of all human generated greenhouse emissions. Fertoz is one of the first movers in the carbon credit market, and since May this year has been issuing carbon offset credit certificates.

“It’s not a matter of if, but when disclosure of carbon emissions will become metricated. And as a result, Fertoz is getting some strong enquiries from other companies looking to offset their footprints by buying carbon credits.”

Any other ASX stocks you like in the ESG space?

“We’re also bullish on Mpower (ASX:MPR). The company is Australia’s leading specialist in renewable energy, battery storage and micro-grid business. It has a focus on five megawatt solar farms, and is in the process of creating an initial portfolio of 20 sites across Australia in the coming years.

“That gives them an aggregate capacity of around 100 megawatts, and an estimated value of more than $150 million. It’s now down to what the team can deliver in some of those projects to build up the portfolio.”

 

Notable ASX ESG-related news during the week

Rio Tinto (ASX:RIO)

The energy giant announced that it was targeting a 50% reduction in Scope 1 and 2 emissions by 2030, and a 15% reduction by 2025 from a 2018 baseline of 32.6Mt.

Around $7.5 billion in direct capital expenditure will be spent on decarbonising Rio Tinto’s assets from 2022 to 2030, including $0.5 billion per year from 2022 to 2024.

Strandline Resources (ASX:STA)

The company released its Sustainability Report for 2021, outlining its commitment to the United Nations Sustainable Development Goals (UNSDGs).

STA said it’s focused on managing development risks at its Coburn project in WA to safeguard workers and ensure environmental compliance.

Lithium Power (ASX:LPI)

The company has appointed global consulting firm Deloitte to ensure a robust ESG program at its Maricunga project in Chile.

Deloitte has been tasked to imbed sustainable protocols in LPI’s lithium extraction operations, and to establish ambitious standards for LPI to become a carbon neutral producer, while keeping high standards on the social aspects.

Jadar Resources (ASX:JDR)

The company also said it has completed its maiden Sustainability Plan, with strategies aligned to the UNSDGs.

 

The views, information, or opinions expressed in the interview in this article are solely those of the interviewee and do not represent the views of Stockhead.

Stockhead has not provided, endorsed or otherwise assumed responsibility for any financial product advice contained in this article.

The post The Ethical Investor: ESG moves, lesson from the energy crisis and JP Equities’ stock tips appeared first on Stockhead.




Author: Eddy Sunarto

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Energy & Critical Metals

Planning To Purchase A Home? Here’s Some Financial Advice

When deciding whether or not it makes sense to purchase a home, there are several pros and cons that you should consider before signing on the dotted line….

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The decision to purchase a home is an important one. It has both positive and negative effects on your financial situation. You can reap tax benefits, for example, but you will be making monthly mortgage payments that are probably higher than what you’re paying in rent. This article will explore the pros and cons of buying a home so that you can make the best decision for yourself!

1. Mortgage
You can deduct some of your mortgage interest and property taxes from your taxable income. Depending on how much you pay in these expenses every year, this might result in a sizable return at tax time each year! The Omaha Mortgage Guy offers financial advice regarding mortgages that you will find quite helpful. It’s important to know that a mortgage is a decision that will last for many years, so make sure you have a plan to pay it off. If you want to ensure that your loved ones will never be burdened with paying off a mortgage after you pass away, you should purchase a home and pay it off before this happens. If you don’t, then your heirs might need to make large monthly payments until the loan is paid off in full which can put quite a strain on their finances.

2. You Can Build Equity
Some people purchase real estate to have a place to live and also so that they can build equity through making monthly mortgage payments. If you already own the home, your home’s value has likely increased – this means that if you sell it, you’ll get back more money than what you paid for it! Building equity is mainly done by paying off the principal of your mortgage. When you pay off a piece of your mortgage, that money becomes yours and is no longer owed to the bank.

3. Your Home Could Decrease In Value
Just as home values can increase over time, they can decrease as well. When this happens, it’s referred to as depreciation. If you are thinking about buying a home, it might be helpful for you to create an analysis so that you have an approximation of what your home could potentially sell for in the future.

4. You Have More Flexibility In Your Living Situation
In general, homeowners are less mobile than renters because their living situation is fixed. This isn’t always true – for example, you might move out of your parent’s house when you buy a condo nearby where they live instead of moving across the state or country – but there is some truth to this statement. The downside? You won’t have the flexibility to change your living situation as frequently.

5. You Have To Spend More Money On Maintenance
If you rent, you won’t have to worry about repairs and upkeep because it is your landlord’s responsibility. If you own a home, on the other hand, there will be things that need fixing from time to time- for example, if a pipe bursts in your apartment complex, you’ll still have water! When something breaks in your residence, however, you’re responsible for fixing it or hiring someone to fix it. The amount of money that this costs over several years truly adds up!

No one wants to think about it, but eventually, you will need to make repairs or replacements to the roof or other parts of your home. These unexpected repair costs add up quickly and can put a strain on your finances if they happen frequently! Although most repairs are best left up to professionals, you can do some repairs yourself if necessary. For example, you could change the batteries in your smoke alarms or replace the batteries in your thermostat if they die. This is not only more cost-efficient, but it’s also safer than having someone else fix these things for you!

6. You Have To Pay A Security Deposit
When you rent an apartment, the landlord often charges a security deposit to make sure that you don’t damage the property while living there. If you buy a home, on the other hand, you’ll likely have to put down a deposit at your bank to get a mortgage. This is called earnest money and it typically lasts for several months after closing – if something goes wrong with your mortgage during this period, your earnest money will be used as compensation.

When deciding whether or not it makes sense to purchase a home, there are several pros and cons that you should consider before signing on the dotted line. Renting often makes more sense financially in some cases, but depending on your situation, buying might be the right choice for you!

The post Planning To Purchase A Home? Here’s Some Financial Advice appeared first on munKNEE.com.

Author: Lorimer Wilson

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Precious Metals

Consolidated Uranium, Denison and Other Miners Hitting 52-Week Highs

CI Financial Corp. (T.CIX) hit a new 52-week high of $28.19 on Thursday. CI and McCutchen Group LLC today announced an agreement under which CI will acquire…

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CI Financial Corp. (T.CIX) hit a new 52-week high of $28.19 on Thursday. CI and McCutchen Group LLC today announced an agreement under which CI will acquire McCutchen Group, an ultra-high-net-worth focused wealth management firm with $3.4 billion iU.S. n assets under management.

 

Consolidated Uranium Inc. (V.CUR) hit a new 52-week high of $3.10 on Thursday. Consolidated and Labrador Uranium Inc. have entered into an agreement Red Cloud Securities Inc. to act as lead agent and sole bookrunner on behalf of a syndicate of agents in connection with a fully marketed private placement

 

[nxtlink id="268570"]Denison Mines Corp.[/nxtlink] (T.DML) hit a new 52-week high of $2.32 on Thursday. Denison has entered into a private agreement to sell 32,500,000 common shares of [nxtlink id="269110"]GoviEx Uranium Inc.[/nxtlink], currently held by Denison for investment purposes, and 32,500,000 common share purchase warrants entitling the holder to acquire one additional common share of GoviEx owned by Denison at an exercise price of $0.80 for a term of 18 months.

 

[nxtlink id="269191"]Jazz Resources Inc.[/nxtlink] (V.JZR) hit a new 52-week high of 84 cents on Thursday. Jazz Resources reports that drilling on the bedrock portion of the Vila Nova gold project, Amapa State, Brazil has intersected veins totaling 23.09 meters grading 31.58 g/t (one ounce per tonne) at a vertical depth of 74.47 meters in Hole VN-3

 

[nxtlink id="268339"]Asante Gold Corporation[/nxtlink] (C.ASE) hit a new 52-week high of $1.38 on Thursday. No news stories available today.

 

Canadian National Railway Company (T.CNR) hit a new 52-week high of $163.91 on Thursday. No news stories available today.

 

Canadian Western Bank (T.CWB) hit a new 52-week high of $39.53 on Thursday. No news stories available today.

 

DREAM Unlimited Corp. (T.DRM) hit a new 52-week high of $30.37 on Thursday. No news stories available today.

 

[nxtlink id="268577"]Energy Fuels Inc.[/nxtlink] (T.EFR) hit a new 52-week high of $10.42 on Thursday. No news stories available today.

 

Finning International Inc. (T.FTT) hit a new 52-week high of $50.36 on Thursday. No news stories available today.

 

GFL Environmental Inc. (T.GFL) hit a new 52-week high of $13.51 on Thursday. No news stories available today.

 

NanoXplore Inc. (T.GRA) hit a new 52-week high of $7.28 on Thursday. No news stories available today.

 

Granite Real Estate Investment Trust (T.GRT.UN) hit a new 52-week high of $97.58 on Thursday. No news stories available today.

 

High Arctic Energy Services Inc. (T.HWO) hit a new 52-week high of $1.94 on Thursday. No news stories available today.

 

IGM Financial Inc. (T.IGM) hit a new 52-week high of $47.91 on Thursday. No news stories available today.

 

[nxtlink id="268619"]Josemaria Resources Inc.[/nxtlink] (T.JOSE) hit a new 52-week high of $1.44 on Thursday. No news stories available today.

 

[nxtlink id="269213"]Kiplin Metals Inc.[/nxtlink] (V.KIP) hit a new 52-week high of 98 cents on Thursday. No news stories available today.

 

Loblaw Companies Limited (T.L) hit a new 52-week high of $9.36 on Thursday. No news stories available today.

 

[nxtlink id="268626"]Laramide Resources Ltd.[/nxtlink] (T.LAM) hit a new 52-week high of $1.05 on Thursday. No news stories available today.

 

Brompton Lifeco Split Corp. Class A Shares (T.LCS) hit a new 52-week high of $6.94 on Thursday. No news stories available today.

 

Luxxfolio Holdings Inc (C.LUXX) hit a new 52-week high of $1.08 on Thursday. No news stories available today.

 

 

[nxtlink id="268339"]asante gold corporation[/nxtlink]

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