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  • Five Best Uranium Stocks to Buy Right Now

    Five Best Uranium Stocks to Buy Right Now

    In an era marked by a resurgence of nuclear energy, the spotlight turns to the unassuming yet indispensable element: uranium.

    Its crucial role in powering nuclear reactors underscores its significance in clean and reliable energy generation.

    As global efforts to reduce carbon emissions intensify, the demand for uranium is experiencing a renaissance, setting the stage for potentially lucrative investments.

    Delving into the realm of uranium stocks presents investors with a unique opportunity to align financial gains with environmental progress.

    This article explores the intricate dance between the resurgence of nuclear energy and the pivotal role of uranium.

    It also explores the tantalizing prospects of investing in the best uranium stocks in the current dynamic landscape.

    Understanding Uranium Stocks

    Uranium stocks are equities representing companies involved in uranium mining, exploration, and nuclear fuel production.

    As a vital component of nuclear energy generation, these stocks hold a unique position in the energy sector.

    Their prices are influenced by a dynamic interplay of factors, including global demand for nuclear power, geopolitical stability, regulatory changes, and mining supply.

    The ebb and flow of uranium stock prices mirror shifts in nuclear energy trends.

    These could be government policies favoring clean energy, reactor construction, or technological advancements.

    Investors keen on understanding uranium stocks must grasp these intricate connections between global energy dynamics and market forces.

    The Global Nuclear Landscape

    Nuclear Power, a cornerstone of clean energy goals, generates electricity with minimal carbon emissions. As nations strive for sustainability, its role remains vital.

    Emerging markets, eager to meet rising energy demands, embrace nuclear solutions for their reliability and low environmental impact.

    This surge in demand fuels innovation and collaboration across borders.

    Government policies and international agreements exert significant influence on uranium markets, determining supply dynamics and fostering a push toward safer and more efficient technologies.

    As we navigate the global nuclear landscape, a delicate balance between energy security, environmental responsibility, and diplomatic cohesion emerges.

    This shapes the path to a brighter, cleaner future.

    Key Metrics for Evaluating Uranium Stocks

    Uranium stocks hinge on crucial metrics like reserves, production efficiency, and sustainability.

    Evaluating these factors is vital for investors to gauge a company’s potential and its impact on long-term supply and environmental concerns.

    • Reserves And Resources: Evaluating Long-Term Supply Potential

      Assessing a uranium company’s reserves and resources provides insights into its ability to sustain future production.

      High-quality reserves and prudent resource management ensure stable supply, crucial for a resilient and lasting presence in the market.

    • Production Efficiency and Cost Analysis

      Efficient uranium production and cost management are essential for profitability.

      Companies with streamlined processes and competitive production costs can navigate market fluctuations and economic challenges while maintaining healthy margins.

    • Sustainability and Environmental Factors

      Uranium stocks’ viability is linked to sustainable practices and environmental responsibility.

      Companies that prioritize safety, waste management, and reduced environmental impact not only enhance their public image but also contribute to the long-term viability of the uranium industry.

    Best Uranium Stocks to Buy

    The best uranium stocks to buy represent investment opportunities within the energy sector, linked to nuclear power and potential shifts in global energy demand.

    Factors such as geopolitical stability, technological advancements, and environmental considerations impact their value.

    Investors navigate a complex landscape, balancing long-term prospects with current market dynamics for potential returns for having the best uranium stocks.

    1. Cameco Corporation (CCJ)

      Up first on our list of best uranium stocks is a Canadian blue chip play in uranium, Cameco Corporation (CCJ).

      Cameco stands as the paramount publicly traded uranium enterprise on a global scale.

      With an expansive reach, it supplies uranium and fuel services to nuclear utilities across Europe, Asia, and the Americas.

      A considerable reservoir of 469 million pounds of proven and probable mineral reserves fuels the company’s operations.

      Annual production potential extends beyond 30 million pounds of uranium concentrates, a testament to its substantial licensed capacity.

      Yet, what truly sets Cameco apart is its possession of some of the most promising yet untapped uranium projects worldwide, underlining its forward-looking approach.

      The corporate financial landscape showcases remarkable achievements.

      Recent financial results spotlight an adjusted six-month profit of $112 million, a notable leap from the $89 million registered in the corresponding period.

      The revenue stream also boasts an impressive 22% upswing, reaching $1.17 billion. Alongside these achievements, Cameco flaunts a formidable financial arsenal.

      That included an untapped $1 billion revolver coupled with cash and equivalents amounting to $2.5 billion.

      This robust financial framework complements its forward dividend yield of 0.26%, further underscoring its shareholder-friendly approach.

      As the calendar turned to June 30, 2023, Cameco held steadfast to its long-term contractual commitments.

      Those necessitated the annual delivery of approximately 28 million pounds over the forthcoming five years.

      This uptick from the 26 million pounds recorded at the end of March stems from finalized agreements previously accepted.

      CCJ’s enduring contracts spanning over a decade in its uranium and fuel services segments, fortified by market-responsive pricing mechanisms, augur well for its future.

      With a solid financial foundation and favorable projections, Cameco emerges as an astute contender to capitalize on the burgeoning market prospects.

      Its poised position presents an alluring opportunity among the best uranium stocks to buy for substantial growth.

      That solidifies its stature as a prudent choice for long-term investment in the uranium sector.

    2. Uranium Energy Corp. (UEC)

      Next name under the spotlight in our list of best uranium stocks, is Uranium Energy Corp. (UEC).

      Uranium Energy is a reigning champion of uranium mining in the United States and a powerhouse listed on the NYSE American.

      With unparalleled dynamism, UEC has swiftly clinched the title of the nation’s premier and fastest-expanding uranium mining enterprise.

      Standing as a beacon of purity in its focus, UEC thrives as a devoted uranium specialist.

      UEC’s vision illuminates a new era, pioneering the charge into eco-conscious and cost-effective mining through In situ recovery (ISR) techniques, revolutionizing the field.

      The South Texas Hub & Spoke ISR Platform bolsters UEC’s dominion, boasting an impressive repository of over 75 million pounds of Measured and Indicated resources.

      That is complemented by a reserve of 25 million pounds of Inferred resources.

      A constellation of seven U.S. ISR uranium projects under UEC’s tutelage shines brighter with their impeccable permit portfolios.

      Beyond borders, UEC’s reach extends, threading its projects into the fabric of Paraguay and Canada, thus reaping the rewards of diversification.

      A magnificent feather in UEC’s cap is its strategic acquisition of the Roughrider uranium development project nestled in the heart of Saskatchewan, Canada.

      A transaction of significance, valued at $150 million, witnessed UEC’s payment of $80 million in cash.

      It also involved 17,805,815 UEC common shares, holding a value of $70 million, illuminating the company’s grandeur.

      Breaking new ground, UEC’s exploratory prowess led to the unearthing of a trove of high-grade uranium.

      It was a revelation that echoed profoundly, with the company’s 82.77% ownership in the recently embraced UEX Corp.

      In the realm of finance, UEC stands firm, fortified by a robust balance sheet crowned with $24.71 million in liquid assets.

      This financial resilience, coupled with a production-ready resource arsenal, positions Uranium Energy Corp. as an eminent architect of value.

      Fueling its stride, the surge in demand for nuclear energy paints a promising trajectory.

      Glistening at just under $5, UEC’s stock emerges as a beacon of investment potential, an irresistible invitation for those seeking prime positions within the uranium domain.

      The stage is set, the spotlight shines, and Uranium Energy Corp. beckons, an avant-garde force in the uranium realm.

    3. Centrus Energy Corp. (LEU)

      As the next best uranium stock on our list meet Centrus Energy Corp. (LEU).

      It is an American powerhouse in the nuclear fuel and services sector, poised for unparalleled success.

      Distinct among its peers, Centrus boasts a coveted distinction: the exclusive U.S. license to manufacture High-Assay, Low-Enriched Uranium (HALEU).

      HALEU stands as a linchpin for pioneering nuclear power plants, enabling streamlined designs with augmented potency, extended core lifespans, and heightened efficiencies.

      Embodying its commitment to progress, Centrus is presently engaged in a collaborative $154 million shared-cost initiative with the U.S. Department of Energy.

      Notably, the auspicious American Centrifuge Operating (ACO), a subsidiary of Centrus Energy Corp is poised to yield the nation’s inaugural HALEU quantum.

      LEU subsidiary is propelling towards activating a cutting-edge centrifuge cascade in Piketon, OH,

      Financially, Centrus thrives, fortified by a robust order book totaling $1 billion.

      Its resilient long-term contracts, spanning to 2029, act as a bulwark against fleeting market fluctuations.

      The Q2 2023 financials attest to Centrus’ prowess, manifesting in impressive total revenue of $98.4 million, underpinned by a notable Gross profit of $28.0 million.

      The crescendo of Centrus’ narrative is its imminent milestone: the culmination of its inaugural HALEU production slated for year-end.

      This groundbreaking achievement heralds a renaissance as the first new US-technology, US-owned enrichment facility to inaugurate operations in seven decades.

      In essence, Centrus unfurls as a veritable treasure trove for uranium enthusiasts.

      Its trajectory suggests a prospective windfall for investors, amplified by the compelling allure of HALEU.

      This uranium juggernaut encapsulates the promise of sustained prosperity and innovation, ensuring its berth in the annals of transformative investments.

    4. Energy Fuels Inc. (UUUU)

      Presenting next on our list of best uranium stocks is Energy Fuels Inc. (UUUU).

      Headquartered in Colorado, UUUU is a prominent player proudly holding the title of the largest uranium producer in the United States since 2017.

      Beyond this accolade, Energy Fuels boasts ownership of the solitary licensed uranium mill within the nation.

      This asset is complemented by an array of ventures and undertakings spanning Wyoming, Colorado, Texas, New Mexico, and Arizona.

      However, the company’s purview extends beyond uranium, as it carves a niche in the realm of rare earth elements.

      These elements are the lifeblood of critical technologies such as electric vehicle batteries, fiber optics, cell phones, and magnets propelling wind turbines.

      Distinguishing Energy Fuels as an even more compelling investment within the realm of best uranium stocks is its substantial inventory valued at approximately $32.98 million.

      This inventory encompasses not only uranium but also vanadium.

      To fortify its financial stance, the company flaunts a robust balance sheet boasting $134 million in working capital.

      A substantial chunk of that rests in the form of $35 million in liquid cash reserves.

      The recent culmination of a transaction in the second quarter of 2023 attests to Energy Fuels’ thriving commercial momentum.

      In this transaction, the company successfully offloaded 80,000 pounds of uranium to a major U.S. nuclear utility for a handsome sum of $4.34 million.

      Evidencing its profitability, this sale yielded a gross profit of $2.00 million, equating to an impressive $24.97 per pound.

      A noteworthy highlight is the substantial gross margin of 46% per pound of uranium, underscoring the company’s financial prudence.

      This milestone transaction marked the inaugural delivery of Energy Fuels’ fresh suite of long-term uranium sales agreements.

      This achievement bolsters the company’s credentials as a prudent and forward-looking player in the uranium sector.

    5. Uranium Royalty Corp. (UROY)

      The final contender in our best uranium stocks is Uranium Royalty Corp. (UROY).

      This exceptional entity stakes its claim as the singular uranium-focused royalty and streaming enterprise across the globe.

      Its unique approach offers investors an avenue to tap into uranium’s market dynamics via shrewd acquisitions in uranium-related ventures.

      Uranium Royalty has orchestrated an expansive campaign, amassing strategic assets through acquisitions that span both the uranium project and the tangible uranium holdings.

      A testament to this drive is its recent augmentation of uranium inventories by securing additional commitments to purchase 200,000 pounds of uranium concentrate.

      This tactical maneuver elevates their total physical uranium inventories to an impressive 1,748,068 pounds.

      That was also bolstered further by forthcoming purchase agreements totaling 500,000 pounds, all slated for fulfillment by 2025.

      An additional feat for UROY involves the acquisition of an extra 1% gross revenue royalty stake in the Lance In-Situ Recovery (ISR) uranium mine.

      Signifying a pivotal financial stride, UROY recently accomplished the repayment of $7.2 million in principal, interest, and fees owed under the BMO Credit Facility.

      Turning to their fiscal report for the quarter ended April 30, 2023.

      For the reported period, Uranium Royalty unveils total assets surpassing CAD 185 million, juxtaposed against liabilities amounting to CAD 10.42 million.

      The year’s revenue journey commenced with a tally of CAD 13.85 million, attributed to uranium inventory sales.

      Despite an operational loss of CAD 3.78 million, this setback remains relatively moderate in comparison to the preceding year’s CAD 5.62 million loss.

      That is a testament to the company’s nascent stage and continuous maturation.

      While the ascent to profitability has yet to be realized, Uranium Royalty’s innovative business model has generated significant intrigue.

      With burgeoning contracts on the horizon, it positions itself favorably to harness the resurgence of the industry and ride its ascending tide of success.

    Also in 2023, we recommend keeping an eye on the following uranium stocks.

    No. Name Ticker
    1 Denison Mines Corp. DNN
    2 BHP Group Limited BHP
    3 The Chemours Company CC
    4 Rio Tinto Group RIO
    5 Ur-Energy Inc. URG
    6 NexGen Energy Ltd. NXE
    7 enCore Energy Corp. EU
    8 Lightbridge Corporation LTBR

    Market Volatility and Risk Management

    Navigating market volatility requires astute risk management. Fluctuations in asset prices challenge investors.

    Prudent strategies encompass diversification, hedging, and a keen understanding of market dynamics.

    Balancing risk and reward ensures steady progress toward financial goals.

    • Understanding Volatility in Uranium Stocks

      Uranium stocks exhibit distinct volatility due to geopolitical factors, supply-demand shifts, and regulatory changes.

      Nuclear energy trends, exploration advancements, and government policies influence price swings.

      An in-depth analysis of industry dynamics helps investors gauge and manage potential risks effectively.

    • Diversification Strategies for Mitigating Risk

      Diversification spreads investment across different assets, sectors, or industries.

      It reduces portfolio vulnerability to single-market shocks, ensuring a balanced risk exposure.

      Combining stocks, bonds, real estate, and commodities hedges against downturns, enhancing long-term stability and resilience in the face of market fluctuations.

    • Long-Term Vs. Short-Term Investment Approaches

      Long-term investing emphasizes holding assets over extended periods, harnessing compound growth and weathering market turbulence.

      Short-term strategies involve capitalizing on immediate price fluctuations. Balancing both can optimize risk-return dynamics.

      Long-term builds wealth, while short-term exploits volatility for quick gains, demanding tailored risk management tactics.

    The Role of Innovation in Uranium Mining and Extraction

    Innovation drives uranium mining by improving safety, efficiency, and environmental impact.

    Advanced techniques optimize ore extraction, processing, and waste management.

    Novel technologies minimize radiation exposure and resource depletion while expanding the global nuclear energy supply.

    • Advanced Technologies Enhancing Uranium Mining Efficiency

      • Remote Sensing: Satellite imaging aids in identifying uranium-rich areas, reducing exploration time and costs.
      • Automation: Robotics and AI-controlled machinery enhance mining precision, productivity, and worker safety.
      • In-Situ Recovery (ISR): A low-impact method utilizing chemical leaching, minimizing surface disturbance.
      • Nano-Filtration: Nano-porous membranes separate uranium from impurities, streamlining purification.
      • Big Data Analytics: Data-driven insights optimize resource management and operational efficiency, reducing waste.

    • Sustainable Practices in Uranium Extraction And Processing

      • Low-Impact Mining: ISR and selective extraction methods minimize ecosystem disruption.
      • Waste Minimization: Recycling and reprocessing radioactive waste reduce environmental hazards.
      • Renewable Energy Integration: Using clean energy sources for operations curbs carbon footprint.
      • Community Engagement: Transparent dialogue fosters responsible practices and supports local livelihoods.
      • Eco-Friendly Reagents: Green chemicals in extraction processes reduce ecological impact.

    • Potential Impact of Breakthroughs on Uranium Stocks

      • Supply And Demand Balance: Efficient extraction bolsters steady supply, stabilizing market prices.
      • Investor Confidence: Technological advancements attract investment, influencing stock performance.
      • Regulatory Compliance: Sustainable practices ensure favorable industry regulations, averting legal risks.
      • Global Energy Transition: Uranium’s role in clean energy reinforces stocks amid renewable transitions.
      • Geopolitical Dynamics: Innovation-driven production affects global trade dynamics, impacting stock valuations.

    Navigating The Future: Investing In Uranium Stocks Wisely

    Venturing into uranium stocks with sagacity involves grasping their integral role in the evolving energy landscape.

    That also requires gauging supply-demand dynamics and navigating regulatory intricacies.

    By embracing a long-term outlook and strategic diversification, investors can position themselves to harness the potential benefits of uranium stocks.

    • Unveiling The Potential of Uranium Stocks

      In the realm of futuristic energy solutions, uranium stocks emerge as a compelling avenue for astute investors.

      With an increasing focus on clean and sustainable energy, uranium’s role in nuclear power generation is gaining renewed attention.

      This shift comes as countries strive to reduce carbon emissions and seek reliable alternatives to fossil fuels.

    • Harnessing Nuclear Renaissance

      The global push toward nuclear renaissance amplifies the significance of uranium stocks.

      Modern advancements in nuclear technology have enhanced safety measures and efficiency, reigniting interest in nuclear power plants as a potent source of clean energy.

      This resurgence highlights the pivotal role of uranium mining and enrichment, providing a substantial impetus for informed investment choices.

    • Analyzing Supply And Demand Dynamics

      Navigating the uranium stock landscape requires a nuanced understanding of supply and demand dynamics.

      The limited global uranium supply, coupled with burgeoning demand, positions uranium stocks as an attractive proposition for forward-looking investors.

      As more nations integrate nuclear power into their energy portfolios, the demand for uranium is poised to escalate.

      This will potentially translate into promising returns for those who invest prudently.

    • Navigating Regulatory Realities and Environmental Imperatives

      Investing in uranium stocks mandates a keen awareness of regulatory frameworks and environmental considerations.

      Stricter regulations and heightened environmental consciousness necessitate adherence to stringent operational practices within the uranium sector.

      Investing wisely entails aligning with companies that prioritize sustainability, responsible mining, and robust compliance standards.

    • Diversification And Long-Term Vision

      As with any investment, diversification remains a fundamental tenet.

      A prudent strategy involves a diversified portfolio that balances uranium stocks with other renewable energy assets.

      Moreover, a long-term vision is pivotal, recognizing that the uranium sector’s potential may materialize over years, not mere months.

      A patient approach can yield substantial gains as the world moves progressively towards a cleaner energy paradigm.

    Conclusion

    In the midst of the Nuclear Renaissance, uranium stocks stand as a dynamic gateway for investors seeking to capitalize on clean energy’s future.

    Armed with informed decisions, investors can harness the potential of these best uranium stocks to power not just portfolios, but also a greener tomorrow.

    The intricate dance between opportunities and challenges in the evolving uranium market demands a strategic embrace.

    The global energy demands shift and environmental concerns drive innovation.

    Those who recognize the transformative force of uranium stocks position themselves at the forefront of progress.

    By empowering ourselves with knowledge, we navigate this pivotal juncture, ensuring our investments echo a world in transition.

    FAQs

    Will Uranium Stock Price Go Up?

    Predicting the future of uranium stock prices is uncertain due to complex market dynamics, geopolitical factors, and energy trends.

    Factors such as nuclear energy policies, supply-demand balance, and technological advancements will influence the market.

    Investors should carefully research and consider various aspects before making investment decisions.

    Is Uranium Buy Or Sell?

    Uranium’s outlook is nuanced. As demand for clean energy rises, nuclear power gains traction, potentially boosting uranium demand.

    However, market dynamics, geopolitical factors, and renewable energy competition shape its trajectory.

    Who Is The Largest Uranium Producer In The United States?

    The largest uranium producer in the United States is Cameco Corporation, a Canadian company with significant operations in the U.S. uranium mining sector.

    What Is The Best Uranium Dividend?

    The quest for the finest uranium dividend leads investors to seek stability, growth, and responsible energy solutions.

    Companies with solid track records in sustainable uranium production and commitment to environmental stewardship offer a lucrative blend of financial gains and positive global impact.

    And that blend makes them the pinnacle of uranium dividends.

    Why Buy Uranium Stocks?

    Investing in uranium stocks presents a unique opportunity to tap into the growing global demand for clean nuclear energy.

    As countries shift towards sustainable power sources, uranium’s role in emissions-free electricity generation gains prominence.

    This trend could yield substantial returns for investors attuned to the sector’s potential and eager to drive positive environmental impact.

  • Top 5 Uranium Stocks to Buy Right Now

    Nuclear energy is a domain that has been widely discussed in the prior decades. Whilst some had maintained that it is a revolutionary idea in the context of the clean energy transition, others insisted that it is a hazard best avoided. The recent energy crisis across the globe has once again brought nuclear into the spotlight. Europe’s dependence on the Russian gas supply has exposed the continent to a critical vulnerability that has caused EU lawmakers to accept the superiority and sustainability of nuclear energy. Uranium, in particular, a commodity that is vital in the production of nuclear energy, seems to show immense promise in the future outlook of the world. Economists expect a nuclear breakthrough to be imminent, which could cause Uranium prices to surge. For investors seeking an early position in the upcoming nuclear shift, we present the top 5 most promising Uranium stocks to buy.

    Denison Mines

    Up first is the uranium industry’s star player, Denison Mines Corp. (AMEX: DNN), which is based in Canada. Denison Mines is essentially a holding company that holds within its portfolio some of the most strategic mining assets of the Athabasca Basin, in Canada. Athabasca is renowned for possessing the highest grade of uranium in the world, whilst having stored in its mines a fifth of total global uranium reserves.

    Specifically, Denison holds a 95% ownership stake in the Wheeler River project, which holds a capacity of delivering 6 million pounds of uranium per annum for the next 10 years. It also holds a 70% stake in the Waterbury Lake site project which is capable of delivering uranium output of almost 10 million pounds a year, for the next 6 years.

    Apart from holding such lucrative uranium assets, Denison also possesses significantly large quantities of stored ores. Its ownership stake in various joint ventures further boosts its net asset value. The company’s liquidity profile is further supported by its holding of Uranium securities, through which it is able to fund further development and exploration. All these various holdings deliver Denison a heavy boost. Last year as Uranium prices soared, Denison delivered its highest ever revenue figure of $20 million.

    Denison has laid out all its cards to brilliantly take the lead in the uranium sector and secure its place in the top 5 uranium stocks. It stands optimally positioned to gain big as the wider industry approaches more favorable market conditions.

    Cameco Corporation

    Next up on our list of top 5 uranium stocks is yet another Canadian stock from the uranium sector, Cameco Corporation (NYSE: CCJ). Cameco is a uranium giant, with a market capitalization standing at $10.5 billion.

    Cameco stands poised to win big in the short term, given the position it occupies in the global markets. With assets owned in Canada, the United States, Australia, and Kazakhstan, no company understands the Uranium supply chain better than CCJ. Through this approach, it is committed to a strategy of capturing full-cycle value, through increased demand of electricity for the growing global population.

    With a renewed global focus on electrification and decarbonization, Cameco Corporation comes up as the most significant name to take the lead. Its competitive edge is that the uranium it supplies is of the enriched, rather than the regular class. This feature alone puts Cameco on the verge of an epic growth tale. With the Biden administration seriously considering sanctions on Russian-produced uranium, which supplies a fifth of all uranium to American power plants, few suppliers of enriched uranium stand to meet the task. Cameco however, seems optimal for this transition away from a dependence on Russian uranium. Cameco holds the perfect balance of low-cost, enriched uranium, as well as the supply-side flexibility to meet the demand of the US utilities sector. This is not a stock any uranium growth chaser would want to miss out on.

    Uranium Energy Corp

    Up next, we present the small, yet highly promising, Texas-based uranium company, Uranium Energy Corp. (AMEX: UEC). UEC may perhaps be the boldest choice on this list of top 5 uranium stocks, given its high risk-reward profile. Unlike other stocks on our list, UEC is not technically a Uranium mining company. With zero production of the critical commodity, UEC has barely managed to generate revenue as of yet. Despite this, however, the stock stands to possible sky-rocket in the near future.

    UEC’s business strategy entails buying up uranium at spot prices, with the anticipation of reselling upon a price surge of the commodity. Some might rightfully call such an approach, one that is based on speculation. However, a recent development significantly shifts the dynamics in favor of UEC. The company acquired Uranium One, which is the world’s fourth-largest producer of Uranium, for nearly $120 million. It is also under the control of Russia’s State Atomic Energy Corporation. Uranium One owns multiple uranium resources around the globe, including in the US, with an approximate annual capacity of 2.5 million pounds of uranium. This would result in an instant revenue surge from the ground up.

    Each of these factors collectively makes UEC a great uranium stock to buy. Its spot purchase approach for future sales continues to hold high-profit potential. With its recent acquisition, its financial sustainability has seen a massive jump, now that the company can get in revenue.

    BHP Group Ltd

    The fourth stock on our list is the metal and mining mammoth, BHP Group Limited (NYSE: BHP). In addition to uranium, BHP operates through multiple segments that include petroleum, copper, iron ore, as well as coal. The company, which holds a valuation of almost $130 billion is one of the largest names in the resources market, which supplies to markets on every continent.

    BHP is a great pick because it could see sustained growth with the anticipated resurging demand for uranium amidst the present global energy crisis. With its vast diversification in the metals business, its risk would remain relatively low in comparison to some of the other stocks we have listed. These characteristics make it ideal to buy and hold in the long term. With favorable conditions in the uranium market, BHP could see impressive value addition. However, even if things play out the other way, the company would remain profitable through its other business segments.

    What’s most impressive about the stock is its valuation metrics. In the recessionary mass sell-off, BHP has fallen by over a third of its share price of a year ago. This makes the stock extremely attractive to buy right now and falls on the list of top 5 uranium stocks. Moreover, its dividend yield has been bumped up to 14%. This is a golden investment opportunity for anyone to consider, whilst remaining safely exposed to the potential gains of uranium.

    Ur-Energy Inc.

    The final stock on our list, yet far from being the least is Ur-Energy Inc. (AMEX: URG). Ur-Energy is a company that has made significant progress in the Uranium markets. This year, in particular, had been stellar for the company, where uranium prices hit a 10-year high. URG had also steadily improved its liquidity and balance sheet, as a result of this enhanced profitability.

    Through its impressive inventory levels of uranium, Ur-Energy stands perfectly positioned to win big in the present global energy crisis. Its performance over the years has substantially boosted its financial sustainability and thus improving its standing amongst market participants.

    What remains most impressive about the company is its Lost Creek project in Wyoming, which it aims to restart this year. The net present value of the project stands at a whopping $200 million. To put this figure into context, URG holds a market capitalization of a mere $230 million.

    The output of this project alone would allow URG to achieve operational leverage, whilst ensuring its financial prospects are further boosted. Due to these features of the company, URG is a stock among the top 5 uranium stocks which cannot simply brush aside.

    Conclusion

    The world is gradually falling back in love with nuclear energy. Although this was previously discussed in the context of decarbonization, the present global energy crisis has truly thrust nuclear into the limelight. Uranium stocks for this reason are ideal to consider for those that seek early gains on this potentially revolutionary stock category. Each of the stocks mentioned in this article holds unique core strengths that make them suitable to include in one’s investment portfolio.

  • Uranium Energy Corp. (UEC) stock Falls Premarket Amid Russia-Ukraine Conflict

    Uranium Energy Corp. (UEC) stock Falls Premarket Amid Russia-Ukraine Conflict

    On March 04, Uranium Energy Corp. (UEC) stock plunged down in the premarket while there was no recent announcement or SEC filing from the company. Uranium stocks have remained highly volatile due to the ongoing Russia-Ukraine conflict which is reported to have caused a fire in the Zaporizhzhia power plant. The reports of the fire have resulted in a downfall in the uranium stock along with UEC.

    In the previous trading session on Thursday, the sock remained bullish with a slight gain of 0.24%. After fluctuating between $3.95 and $4.24, UEC closed the session at a price of $4.21 per share. The day’s volume remained 149% of the average as 14.87 million shares exchanged hands. Following this, UEC stock had gone down by 8.31% in the premarket, at the last check on Friday. At the time of writing, the stock was trading at a value of $3.86 per share in the premarket.

    The Canada-based company, Uranium Energy Corp. mines and explores uranium. Founded in 2003, the company’s 267.25 million outstanding shares trade at a market capitalization of $1.12 billion.

    Industry Updates & UEC Movement

    According to a recent report, the increased demand with the ongoing political unrest is expected to increase the price of uranium this year. Numerous sanctions have been placed against Russia due to the Russia-Ukraine conflict while Russia is one of the biggest suppliers of uranium. Furthermore, the conflict is also reported to have affected Europe’s largest nuclear power plant situated in Ukraine. According to news reports, nearby Russian attacks have resulted in uncontrolled fire in Ukraine’s Zaporizhzhia power plant.

    With bullish hope for the market’s future, the stock seems to be poised for some good gains but as of now, it is in a downtrend. The news of Europe’s largest nuclear power plant is on fire, has caused uranium stock to plunge including UEC.

    Source: The Sun

    2022 Letter to Shareholders

    On February 16, the company posted a letter to shareholders from President and CEO, Amir Adnani. The letter provided updates and outlook for 2022 as the year began with the highest price of uranium.

    In 2022, the company acquired Uranium One Americas for $112 million which has two operational hubs and spoke production platforms. Moreover, this month the company also became debt-free with a balance sheet of $125 million in cash and liquid assets.

    Additionally, the company is working on the implementation of a full Environmental and Social Governance program for its operations. UEC is also evaluating new carbon emission reduction technologies for its production facilities and plans to publish a full ESG report.

  • 31 stocks trending in pre-market

    31 stocks trending in pre-market

    NIO Limited (NIO) stock soared 2.95% to $42.19 in the pre-market trading following the pricing of offering of 68,000,000 American depositary shares. The most recent rating by Goldman, on December 01, 2020, is a Neutral. NIO Inc.

    Veru Inc. (NASDAQ: VERU) shares are trading up 7.17% at $10.39 at the time of writing after declaring positive Phase 2 clinical trial results for enobosarm, for the treatment of endocrine and chemotherapy resistant ER+/HER2- metastatic breast cancer, which was selected as a Spotlight Presentation at the 2020 San Antonio Breast Cancer Symposium. Company’s 52-week ranged between $2.10 to $7.86. Analysts have a consensus price target of $6.

    Occidental Petroleum Corporation (OXY) stock soared 2.45% to $19.64 in the pre-market trading. The most recent rating by MKM Partners, on December 07, 2020, is a Neutral.

    BioCardia Inc. (BCDA), a Biotechnology company, rose about 9.38% at $4.9 in pre-market trading Tuesday after reporting entry into definitive agreements with investors for the purchase and sale of 1,789,474 shares of its common stock at a purchase price of $4.75 per share in a registered direct offering priced at-the-market under Nasdaq rules.

    Genius Brands International Inc. (GNUS) gained over 15.85% at $2.12 in pre-market trading Tuesday December 15, 2020. The company recently revealed that it has secured a commitment to receive $100 million in cash on January 15, 2021 from New York-based Mudrick Capital Management as a result of a new first lien debt financing.

    Nikola Corporation (NKLA) is up more than 2.38% at $16.8 in pre-market hours Tuesday December 15, 2020. The stock had dropped over -6.87% to $16.41 in the last trading session.

    Virgin Galactic Holdings Inc. (SPCE) is up more than 2.83% at $27.22 in pre-market hours Tuesday December 15, 2020 following an update on test flight program. The stock had dropped over -17.38% to $26.47 in the last trading session.

    Before the trading started on December 15, 2020, Huntington Bancshares Incorporated (HBAN) is up 2.32% to reach $12.8 after reporting merger with TCF Financial Corporation to create top 10 U.S. regional bank. It has been trading in a 52-week range of $6.82 to $15.63.

    Plug Power Inc. (PLUG) stock soared 2.65% to $26.38 in the pre-market trading. The most recent rating by B. Riley Securities, on November 10, 2020, is a Buy.

    XPeng Inc. (NYSE: XPEV) shares are trading up 3.86% at $48.99 at the time of writing after its P7 super-long range sports sedan received car of the Year 2021 award in Xuanyuan Awards. Company’s 52-week ranged between $17.11 to $74.49. Analysts have a consensus price target of $58.

    AnPac Bio-Medical Science Co. Ltd. (ANPC), a Biotechnology company, dropped about -5.26% at $5.4 in pre-market trading Tuesday following the proclamation from the firm that it has made significant progress in detecting pre-cancer diseases.

    Yamana Gold Inc. (AUY) stock moved up 2.66 percent to $5.4 in the pre-market trading.

    Zynga Inc. (ZNGA) gained over 3.9% at $9.05 in pre-market trading Tuesday December 15, 2020 following the declaration of pricing of offering of $762 million of convertible senior notes.

    IZEA Worldwide Inc. (IZEA) is down more than -5.68% at $0.9243 in pre-market hours Tuesday December 15, 2020 after announcing that it has seen a surge of new customers in Q4 2020. The stock had jumped over 15.00% to $0.98 in the last trading session.

    Cameco Corporation (CCJ) grew over 3.16% at $13.7 in pre-market trading today.

    Before the trading started on December 15, 2020, HEXO Corp. (HEXO) is down -2.8% to reach $0.9817 after releasing its first quarter fiscal 2021 financial results. It has been trading in a 52-week range of $0.35 to $2.30.

    Nano Dimension Ltd. (NNDM) stock soared 1.8% to $6.77 in the pre-market trading. The most recent rating by Maxim Group, on October 21, 2016, is a Buy.

    Teligent Inc. (TLGT) tumbled over -3.53% at $0.78 in pre-market trading today.

    Synlogic Inc. (NASDAQ: SYBX) shares are trading down -5.51% at $2.4 at the time of writing following advancement of SYNB1891 to combination arm dosing with PD-L1 checkpoint inhibitor in the on-going phase 1 study for the treatment of solid tumors and lymphoma. Company’s 52-week ranged between $1.35 to $3.99.

    BioNTech SE (BNTX) stock soared 5.48% to $114.2 in the pre-market trading. The most recent rating by BofA Securities, on December 01, 2020, is a Neutral. Pfizer Inc. (PFE) and BioNTech SE (BNTX) recently declared additional data on neutralizing antibody and T cell responses from the Phase 1/2 trial with BNT162b2 conducted in Germany

    Torchlight Energy Resources Inc. (TRCH) tumbled over -12.14% at $0.543 in pre-market trading today.

    Seelos Therapeutics Inc. (SEEL) stock moved up 5.47 percent to $1.35 in the pre-market trading after revealing the sale of a $12.0 million senior secured convertible note and shares of Seelos common stock to investors.

    Bed Bath & Beyond Inc. (BBBY) gained over 4.35% at $19.69 in pre-market trading Tuesday December 15, 2020 following the declaration of definitive agreement to sell its remaining non-core banner Cost Plus World Market (CPWM) to Kingswood Capital Management, a Los Angeles-based private equity firm.

    Before the trading started on December 15, 2020, Aerpio Pharmaceuticals Inc. (ARPO) is down -3.33% to reach $1.16. It has been trading in a 52-week range of $0.42 to $2.31.

    Before the trading started on December 15, 2020, Energy Fuels Inc. (UUUU) is up 2.94% to reach $3.15 after reporting that it has entered into a three-year supply agreement with The Chemours Company (CC) to acquire a minimum of 2,500 tons per year of natural monazite sands. It has been trading in a 52-week range of $0.78 to $3.10.

    Uranium Energy Corp. (UEC) grew over 5.62% at $1.69 in pre-market trading today after filing fiscal 2021 Q1 quarterly report.

    MicroVision Inc. (MVIS), a Scientific & Technical Instruments company, rose about 5.43% at $3.3 in pre-market trading Tuesday.

    NovaBay Pharmaceuticals Inc. (NBY) is down more than -2.28% at $0.68 in pre-market hours Tuesday December 15, 2020 after reporting that its proprietary hypochlorous acid solution has received U.S. Environmental Protection Agency (EPA) approval for a kill claim against SARS-CoV-2, the virus that causes COVID-19. The stock had jumped over 0.86% to $0.70 in the last trading session.

    vTv Therapeutics Inc. (VTVT), a Biotechnology company, dropped about -10.44% at $2.66 in pre-market trading Tuesday after declaring a licensing agreement with Anteris Bio for worldwide rights to vTv’s novel clinical-stage Nrf2 activator compound, HPP971.

    Socket Mobile Inc. (NASDAQ: SCKT) shares are trading down -15.38% at $2.42 at the time of writing. Company’s 52-week ranged between $0.76 to $4.50.

    ArcelorMittal (MT) grew over 4.3% at $22.08 in pre-market trading today after announcing investment agreement with Invitalia, an Italian state-owned company.

  • What changed for these 31 stocks in Pre Market Session

    What changed for these 31 stocks in Pre Market Session

    Xenetic Biosciences Inc. (XBIO) stock plunged -15.46% to $2.68 in the pre-market trading following the company’s announcement of $6.0 million registered direct offering priced at-the-market under Nasdaq Rules. The most recent rating by Maxim Group, on January 08, 2020, is a Buy.
    Curis Inc. (CRIS), a Biotechnology company, dropped about -5.72% at $7.25 in pre-market trading Thursday after declaring the pricing of an underwritten public offering of 25,652,174 shares of its common stock at a public offering price of $5.75 per share for total gross proceeds of approximately $147.5 million.
    ZW Data Action Technologies Inc. (CNET) lost over -11.33% at $1.8 in pre-market trading Thursday December 10, 2020 after reporting the official opening of its first live streaming platform in Guangzhou, China.
    Genius Brands International Inc. (GNUS) is up more than 9.74% at $1.69 in pre-market hours Thursday December 10, 2020. The firm recently revealed that it will be presenting at the 13th Annual LD Micro investor conference on Tuesday, December 15th at 10:00 a.m. PST / 1:00 p.m. EST. The stock had dropped over -4.35% to $1.54 in the last trading session.
    Rocket Companies Inc. (RKT), a Mortgage Finance company, rose about 3.09% at $21.71 in pre-market trading Thursday following the release of Clear HOI platform from its subsidiary to mortgage lenders nationwide.
    Intec Pharma Ltd (NTEC) stock moved down -7.76 percent to $4.28 in the pre-market trading. Intec Pharma Announces Cannabinoid Research Collaboration with GW Pharma.
    Atossa Therapeutics Inc. (ATOS) gained over 2.31% at $0.8919 in pre-market trading Thursday December 10, 2020 after revealing cannabinoid research collaboration with GW Pharma.
    Nano Dimension Ltd. (NNDM) is up more than 2.25% at $6.82 in pre-market hours Thursday December 10, 2020 following the declaration from the company that it has closed the registered direct offering of 30,000,000 of the Company’s American Depositary Shares at a price of $6.00 per ADS. The stock had dropped over -6.06% to $6.67 in the last trading session.
    Before the trading started on December 10, 2020, Sorrento Therapeutics Inc. (SRNE) is down -2.44% to reach $8.01 following the FDA acceptance of its Investigational New Drug (IND) application for its Phase 1 clinical trials for intravenous (IV) STI-2020 (COVI-AMG). It has been trading in a 52-week range of $1.55 to $19.39.
    Genetic Technologies Limited (GENE) stock plunged -9.17% to $4.06 in the pre-market trading.
    Greenwich LifeSciences Inc. (GLSI) grew over 46.76% at $83.8 in pre-market trading today after reporting the publication of a poster for the GP2 Phase IIb clinical trial final efficacy analysis at the San Antonio Breast Cancer Symposium in a virtual format.
    Lipocine Inc. (LPCN), a Biotechnology company, dropped about -5.3% at $1.25 in pre-market trading Thursday after announcing that the U.S. Food and Drug Administration has granted tentative approval to TLANDO.
    SELLAS Life Sciences Group Inc. (SLS) stock moved up 51.8 percent to $9.7 in the pre-market trading. The biotechnology firm recently revealed exclusive license agreement with 3D Medicines for development and commercialization of Galinpepimut-S (GPS) and GPS+ in Greater China.
    Francesca’s Holdings Corporation (NASDAQ: FRAN) shares are trading down -10.68% at $2.51 at the time of writing after receiving court approval of “First Day” motions to support ongoing operations. Company’s 52-week ranged between $1.70 to $19.91. Analysts have a consensus price target of $2.50.
    Oncternal Therapeutics Inc. (ONCT) tumbled over -27.78% at $4.55 in pre-market trading today after announcing that the firm increased its previously declared bought deal to $75.0 million.
    Gran Tierra Energy Inc. (GTE) is down more than -2.83% at $0.35 in pre-market hours Thursday December 10, 2020. The company recently declared a financial update and the Company’s 2021 capital budget and production guidance. The stock had dropped over -5.68% to $0.36 in the last trading session.
    Before the trading started on December 10, 2020, Fisker Inc. (FSR) is down -4.04% to reach $16.15. The firm recently confirmed that it has signed agreements with Cox Automotive U.K. (“Cox”) and Rivus Fleet Solutions for delivery, servicing, fleet management and reselling programs in the United Kingdom. It has been trading in a 52-week range of $8.70 to $23.63.
    Immutep Limited (IMMP) stock soared 89.35% to $4.09 in the pre-market trading after declaring that its Chinese partner, EOC Pharma will commence a new Phase II clinical trial in up to 152 metastatic breast cancer patients in China. The most recent rating by B. Riley FBR, on September 28, 2018, is a Buy.
    Remark Holdings Inc. (MARK), a Internet Content & Information company, rose about 3.09% at $1.67 in pre-market trading Thursday after reporting that Remark’s KanKan AI business successfully released its edge computing systems, the S and T Series Smart Boxes.
    Baidu Inc. (BIDU) gained over 2.42% at $155.26 in pre-market trading Thursday December 10, 2020. The firm recently released new intelligent vehicle solutions for automakers and several high-end intelligent driving products during the second Apollo Ecosystem Conference.
    Before the trading started on December 10, 2020, Editas Medicine Inc. (EDIT) is up 9.13% to reach $55.2 after reporting submission of IND application for EDIT-301 with the FDA. It has been trading in a 52-week range of $14.01 to $43.65.
    Artelo Biosciences Inc. (ARTL) stock plunged -2.47% to $0.66 in the pre-market trading. The healthcare firm recently declared that it has filed a composition of matter patent application directed to a new solid dosage formulation, including its method of use, with the UK Patent Office.
    AquaBounty Technologies Inc. (NASDAQ: AQB) shares are trading down -17.07% at $7.19 at the time of writing following the selection of Innovasea as the Recirculating Aquaculture Systems (“RAS”) technology provider for its planned 10,000 metric ton farm. Company’s 52-week ranged between $1.52 to $11.40. Analysts have a consensus price target of $5.
    Pluristem Therapeutics Inc. (PSTI) lost over -5.57% at $6.61 in pre-market trading Thursday December 10, 2020 after declaring DMC recommendation following interim analysis of its phase III CLI study.
    Before the trading started on December 10, 2020, Veru Inc. (VERU) is up 25.96% to reach $4.9 after reporting that it has exclusively licensed worldwide rights to enobosarm, a late-stage oral novel androgen receptor (AR) targeting agent for the treatment of endocrine resistant ER+ HER2- metastatic breast cancer. It has been trading in a 52-week range of $2.10 to $4.74.
    Uranium Energy Corp. (AMEX: UEC) shares are trading down -4.32% at $1.33 at the time of writing. Company’s 52-week ranged between $0.35 to $1.59. Analysts have a consensus price target of $1.50.
    Boxlight Corporation (BOXL), a Communication Equipment company, rose about 7.23% at $1.78 in pre-market trading Thursday. The firm recently confirmed that they are the recipients of three THE Journal’s Best New EdTech Product Awards.
    Regulus Therapeutics Inc. (RGLS) stock moved up 19.34 percent to $1.07 in the pre-market trading. The company lately announced closing of $19.4 million private placement of equity.
    Before the trading started on December 10, 2020, Sea Limited (SE) is down -3.3% to reach $196.0 after reporting that it proposes to offer 11,000,000 American Depositary Shares, each representing one Class A ordinary share of the Company, in an underwritten public offering. It has been trading in a 52-week range of $35.61 to $207.51.
    Barclays PLC (NYSE: BCS) shares are trading down -3.85% at $7.5 at the time of writing. The firm recently revealed the launch of BARX Book for Equities, a new single-dealer platform developed in partnership with Nasdaq (Nasdaq: NDAQ). Company’s 52-week ranged between $3.41 to $10.22.
    Qualigen Therapeutics Inc. (QLGN) stock moved up 13.85 percent to $4.44 in the pre-market trading. The company recently announced board member Amy Broidrick as EVP, Chief Strategy Officer and named Sidney Emery, Jr. to its board.

  • What changed for these 30 stocks in Pre Market Session

    What changed for these 30 stocks in Pre Market Session

    Usio Inc. (USIO) stock soared 41.54% to $2.59 in the pre-market trading after declaring that it has entered into a non-binding Letter of Intent (LOI) to acquire the assets of Information Management Solutions, LLC (IMS).
    NeuroMetrix Inc. (NURO), a Medical Instruments & Supplies company, dropped about -8.03% at $2.75 in pre-market trading Wednesday.
    Cinedigm Corp. (CIDM) stock moved up 43.36 percent to $1.23 in the pre-market trading following a strategic alliance with Spherex to drive Cinedigm’s global growth.
    Recon Technology Ltd. (RCON) stock moved up 112.5 percent to $3.06 in the pre-market trading.
    Curis Inc. (NASDAQ: CRIS) shares are trading up 2.29% at $6.7 at the time of writing after revealing proposed public offering of common Stock. Company’s 52-week ranged between $0.62 to $3.59. Analysts have a consensus price target of $5.
    Gran Tierra Energy Inc. (GTE) lost over -7.04% at $0.355 in pre-market trading Wednesday December 09, 2020. The firm recently declared a financial update and the Company’s 2021 capital budget and production guidance.
    Aurora Cannabis Inc. (ACB) is down more than -0.94% at $10.5 in pre-market hours Wednesday December 09, 2020. The stock had jumped over 1.24% to $10.60 in the last trading session.
    Carnival Corporation & Plc (CCL) is up more than 2.76% at $24.22 in pre-market hours Wednesday December 09, 2020 following declaration of Cunard, a part of Carnival Corporation & plc (CCL), that it has extended its pause in operations due to the ongoing travel constraints in place across the world. The stock had jumped over 1.59% to $23.57 in the last trading session.
    Before the trading started on December 09, 2020, Occidental Petroleum Corporation (OXY) is up 2.56% to reach $19.62 after reporting upsize of previously announced cash tender offers and consent solicitations for certain of its senior notes. It has been trading in a 52-week range of $8.52 to $47.58.
    Virgin Galactic Holdings Inc. (SPCE) stock soared 2.55% to $34.24 in the pre-market trading. The most recent rating by Goldman, on October 23, 2020, is a Neutral.
    Eastman Kodak Company (NYSE: KODK) shares are trading down -4.04% at $10.7 at the time of writing after getting clean chit from U.S government regarding a government loan. Company’s 52-week ranged between $1.50 to $60.00.
    Moderna Inc. (MRNA) grew over 3.38% at $175.6 in pre-market trading today after declaring that the Swiss Federal Government has increased its confirmed order commitment from 4.5 million to 7.5 million doses of Moderna’s vaccine candidate against COVID-19, mRNA-1273.
    Riot Blockchain Inc. (RIOT), a Software – Application company, dropped about -5.78% at $9.3 in pre-market trading Wednesday.
    Norwegian Cruise Line Holdings Ltd. (NCLH), a Travel Services company, rose about 1.95% at $28.7 in pre-market trading Wednesday after announcing partnership with AtmosAir Solutions.
    XPeng Inc. (XPEV) stock moved down -3.72 percent to $46.88 in the pre-market trading following the pricing of follow-on public offering of American depositary shares.
    Cinemark Holdings Inc. (CNK) stock soared 2.26% to $15.36 in the pre-market trading. The most recent rating by Loop Capital, on November 19, 2020, is a Hold.
    Before the trading started on December 09, 2020, Tonix Pharmaceuticals Holding Corp. (TNXP) is up 0.15% to reach $0.65 after declaring results of positive phase 3 RELIEF study for TNX-102 SL 5.6 mg in Fibromyalgia. It has been trading in a 52-week range of $0.39 to $2.46.
    CBAK Energy Technology Inc. (NASDAQ: CBAT) shares are trading up 3.3% at $5.95 at the time of writing following the publication of securities purchase agreement with certain institutional investors for a registered direct placement of approximately $49.2 million of common stock at a price of $5.18 per share. Company’s 52-week ranged between $0.36 to $11.40.
    Jaguar Health Inc. (NASDAQ: JAGX) shares are trading down -4.84% at $0.3798 at the time of writing. Company’s 52-week ranged between $0.19 to $1.08. Analysts have a consensus price target of $2.
    United Airlines Holdings Inc. (UAL) grew over 1.88% at $49.96 in pre-market trading today after launching virtual, on demand customer service at the airport.
    GameStop Corp. (GME) is down more than -17.59% at $13.96 in pre-market hours Wednesday December 09, 2020 after releasing results for the third quarter ended October 31, 2020. The stock had jumped over 3.61% to $16.94 in the last trading session.
    Before the trading started on December 09, 2020, ADMA Biologics Inc. (ADMA) is up 4.31% to reach $2.18. It has been trading in a 52-week range of $1.45 to $4.65.
    Before the trading started on December 09, 2020, HEXO Corp. (HEXO) is down -2.91% to reach $1.0. The firm recently reported downward revision to its proposed share consolidation ratio. It has been trading in a 52-week range of $0.35 to $2.30.
    United Microelectronics Corporation (UMC) is up more than 1.37% at $8.88 in pre-market hours Wednesday December 09, 2020 afterreporting unaudited net sales for the month of November 2020. The stock had dropped over -3.10% to $8.76 in the last trading session.
    Apache Corporation (NASDAQ: APA) shares are trading up 1.08% at $14.92 at the time of writing following the board of directors of Apache Corporation (APA) has declared a regular cash dividend on the company’s common shares. Company’s 52-week ranged between $3.80 to $33.77. Analysts have a consensus price target of $16.
    Phunware Inc. (PHUN) stock moved down -3.28 percent to $0.81 in the pre-market trading after revealing its receipt of the Privacy Shield certification.
    Sorrento Therapeutics Inc. (SRNE) stock soared 9.62% to $8.66 in the pre-market trading after declaring that it has received CLIA Licensure from the State of California that permits testing of clinical samples. The most recent rating by H.C. Wainwright, on July 31, 2020, is a Buy.
    Sesen Bio Inc. (SESN) gained over 5.42% at $1.75 in pre-market trading Wednesday December 09, 2020 following the announcement of commercial manufacturing and global supply partnership with Qilu Pharmaceutical.
    Before the trading started on December 09, 2020, Futu Holdings Limited (FUTU) is up 2.27% to reach $44.61 after reporting that a leading global investment firm has agreed to purchase approximately 50,000,000 Class A ordinary shares of the Company in the form of prepaid warrants for an aggregate purchase price of approximately US$260,000,000. It has been trading in a 52-week range of $8.16 to $51.10.
    Westwater Resources Inc. (WWR) stock soared 3.87% to $5.63 in the pre-market trading. The company recently provided an update on progress at its pilot plant operations at Dorfner Anzaplan’s facilities near Amberg, Germany, as well as at facilities in Frankfort, Germany, Chicago, Illinois, and Buffalo, New York.

  • Market Movers: What changed for these 45 stocks while you were sleeping

    Market Movers: What changed for these 45 stocks while you were sleeping

    Sundial Growers Inc. (SNDL) stock plunged -11.07% to $0.466 in the pre-market trading. The firm recently reported that it filed new shelf registration statement. The most recent rating by CIBC, on August 17, 2020, is a Neutral.
    Obalon Therapeutics Inc. (NASDAQ: OBLN) shares are trading down -10.87% at $2.05 at the time of writing. Company’s 52-week ranged between $0.62 to $2.14. Analysts have a consensus price target of $3.
    Eastman Kodak Company (KODK) stock moved up 7.14 percent to $12.9 in the pre-market trading after the company gets a clean chit from the U.S. government.
    American Airlines Group Inc. (AAL), a Airlines company, rose about 2.03% at $17.56 in pre-market trading Tuesday.
    Zomedica Corp. (ZOM) gained over 2.45% at $0.18 in pre-market trading Tuesday December 08, 2020 after reporting that, with the hiring of Debra Rock to lead the Company’s Marketing Department, its internal commercial leadership team is complete.
    Before the trading started on December 08, 2020, Tesla Inc. (TSLA) is down -0.35% to reach $639.5. It has been trading in a 52-week range of $65.45 to $607.80.
    Nano Dimension Ltd. (NNDM) is up more than 8.55% at $7.24 in pre-market hours Tuesday December 08, 2020 following the declaration of its Pricing $180 million registered direct offering. The stock had dropped over -10.35% to $6.67 in the last trading session.
    Apex Technology Acquisition Corporation (NASDAQ: APXT) shares are trading up 4.31% at $15.25 at the time of writing. Company’s 52-week ranged between $9.13 to $17.25.
    FuelCell Energy Inc. (FCEL) stock soared 2.55% to $8.03 in the pre-market trading. The firm recently reported completion of the previously announced underwritten public offering of 39,696,320 shares of its common stock. The most recent rating by JP Morgan, on November 19, 2020, is a Neutral.
    RMG Acquisition Corp. (RMG) gained over 3.24% at $17.2 in pre-market trading Tuesday December 08, 2020.
    BlackBerry Limited (NYSE: BB) shares are trading up 4.24% at $8.6 at the time of writing. The AI security provider recently declared that it will report results for the third quarter of fiscal year 2021 at 5:30 p.m. ET on Thursday, December 17, 2020. The Company’s 52-week ranged between $2.70 to $9.69.
    Kaixin Auto Holdings (KXIN) is up more than 6.9% at $4.65 in pre-market hours Tuesday December 08, 2020. The stock had dropped over -11.22% to $4.35 in the last trading session.
    XPeng Inc. (XPEV) gained over 2.19% at $49.36 in pre-market trading Tuesday December 08, 2020 after declaring that it intends to offer and sell 40,000,000 American Depositary Shares.
    Ideanomics Inc. (IDEX) is up more than 9.66% at $2.27 in pre-market hours Tuesday December 08, 2020. The stock had jumped over 2.48% to $2.07 in the last trading session.
    HEXO Corp. (HEXO) stock plunged -4.95% to $0.96 in the pre-market trading following the proclamation of downward revision to its proposed share consolidation ratio. The most recent rating by Cantor Fitzgerald, on July 22, 2020, is a Neutral.
    Before the trading started on December 08, 2020, Li Auto Inc. (LI) is up 3.21% to reach $32.5. It has been trading in a 52-week range of $14.31 to $47.70.
    Kandi Technologies Group Inc. (NASDAQ: KNDI) shares are trading up 7.18% at $9.1 at the time of writing. The firm recently issued chairman’s letter to shareholders. Company’s 52-week ranged between $2.17 to $17.45.
    Virgin Galactic Holdings Inc. (SPCE), a Aerospace & Defense company, rose about 6.12% at $35.87 in pre-market trading Tuesday.
    Moderna Inc. (MRNA) grew over 3.44% at $165.01 in pre-market trading today after reporting that Canada exercises increased option for total of 40 million doses of mRNA vaccine candidate against COVID-19 (mRNA-1273).
    Platinum Group Metals Ltd. (PLG) is up more than 17.21% at $4.7 in pre-market hours Tuesday December 08, 2020. The stock had jumped over 29.35% to $4.01 in the last trading session.
    United Microelectronics Corporation (NYSE: UMC) shares are trading up 1.22% at $9.15 at the time of writing following the declaration of its unaudited net sales for the month of November 2020. Company’s 52-week ranged between $2.10 to $8.96.
    Energy Fuels Inc. (UUUU) stock soared 6.32% to $3.03 in the pre-market trading. The most recent rating by Noble Capital Markets, on May 13, 2019, is a Market perform.
    ToughBuilt Industries Inc. (TBLT), a Tools & Accessories company, dropped about -10.84% at $0.7356 in pre-market trading Tuesday after reporting the launch 14 new tool organization SKUs at LOWE’S nationwide.
    IZEA Worldwide Inc. (NASDAQ: IZEA) shares are trading down -6.68% at $0.885 at the time of writing. Company’s 52-week ranged between $0.07 to $3.13.
    Gran Tierra Energy Inc. (GTE) gained over 64.15% at $0.5 in pre-market trading Tuesday December 08, 2020 following the publication of a financial update and the Company’s 2021 capital budget and production guidance.
    Electrameccanica Vehicles Corp. (SOLO) gained over 4.15% at $7.78 in pre-market trading Tuesday December 08, 2020.
    Before the trading started on December 08, 2020, iBio Inc. (IBIO) is down -8.67% to reach $1.37 after revealing an underwritten public offering of its common stock. It has been trading in a 52-week range of $0.19 to $7.45.
    Cinedigm Corp. (CIDM) is down more than -2.34% at $0.671 in pre-market hours Tuesday December 08, 2020. The stock had dropped over -1.63% to $0.69 in the last trading session.
    CBAK Energy Technology Inc. (CBAT), a Electrical Equipment & Parts company, rose about 8.98% at $7.04 in pre-market trading Tuesday after declaring that its wholly owned subsidiary, Dalian CBAK Energy Technology Co., LTD signed a joint development agreement with Wuxi Lead Intelligent Equipment Co., Ltd..
    Before the trading started on December 08, 2020, Torchlight Energy Resources Inc. (TRCH) is up 2.99% to reach $0.69. It has been trading in a 52-week range of $0.21 to $1.09.
    Before the trading started on December 08, 2020, Sumo Logic Inc. (SUMO) is up 5.43% to reach $26.0 after releasing financial results for the third quarter of its fiscal 2021, ended October 31, 2020. It has been trading in a 52-week range of $16.71 to $30.29.
    QEP Resources Inc. (QEP) is up more than 5.63% at $2.25 in pre-market hours Tuesday December 08, 2020. The stock had dropped over -1.39% to $2.13 in the last trading session.
    ON Semiconductor Corporation (NASDAQ: ON) shares are trading up 4.63% at $31.99 at the time of writing. The firm lately revealed that Hassane El-Khoury has been named as the company’s president, chief executive officer and member of its board of directors. Company’s 52-week ranged between $8.17 to $30.04.
    Uranium Energy Corp. (UEC) stock soared 11.89% to $1.6 in the pre-market trading. The most recent rating by Canaccord Genuity, on October 14, 2020, is a Speculative buy.
    Stitch Fix Inc. (SFIX) gained over 33.27% at $47.75 in pre-market trading Tuesday December 08, 2020 following the releaseof its financial results for the first quarter of fiscal year 2021 ended October 31, 2020
    Switchback Energy Acquisition Corporation (SBE) grew over 1.76% at $37.01 in pre-market trading today.
    Stealth BioTherapeutics Corp (MITO) is down more than -1.34% at $1.47 in pre-market hours Tuesday December 08, 2020 after announcing appointment of Eve E. Slater, M.D., F.A.C.C. to its Board of Directors. The stock had jumped over 14.62% to $1.49 in the last trading session.
    Gevo Inc. (GEVO) grew over 3.59% at $1.73 in pre-market trading today.
    Before the trading started on December 08, 2020, Trillium Therapeutics Inc. (TRIL) is down -5.29% to reach $14.51 after presenting at the American Society of Hematology (ASH) Annual Meeting, taking place virtually from December 5-8, 2020. It has been trading in a 52-week range of $0.29 to $20.96.
    Lizhi Inc. (LIZI) stock moved up 2.11 percent to $3.88 in the pre-market trading.
    Dare Bioscience Inc. (DARE) stock soared 5.26% to $1.4 in the pre-market trading after declaring positive topline results from DARE-BVFREE, a Phase 3 trial of DARE-BV1 in patients diagnosed with bacterial vaginosis.
    Top Ships Inc. (TOPS) gained over 6.04% at $1.58 in pre-market trading Tuesday December 08, 2020.
    Westwater Resources Inc. (WWR) grew over 1.37% at $5.94 in pre-market trading today following update on pilot plant operations provided by company.
    InterPrivate Acquisition Corp. (IPV) stock moved up 5.25 percent to $15.03 in the pre-market trading.
    Before the trading started on December 08, 2020, Futu Holdings Limited (FUTU) is up 2.41% to reach $43.31 following the announcement of agreement to purchase shares by a leading global investment firm. It has been trading in a 52-week range of $8.16 to $51.10.

  • Pre-Market Cues: 29 Stocks Roaring for Change On December 7th

    Pre-Market Cues: 29 Stocks Roaring for Change On December 7th

    HL Acquisitions Corp. (HCCH) is up more than 5.38% at $25.25 in pre-market hours Monday December 07, 2020. The firm recently reported that that the shareholders of HL have approved the business combination between HL and Fusion Fuel at an annual general meeting of shareholders. The stock had jumped over 27.65% to $23.96 in the last trading session.
    China HGS Real Estate Inc. (NASDAQ: HGSH) shares are trading down -17.83% at $2.12 at the time of writing. Company’s 52-week ranged between $0.48 to $4.40.
    Cinedigm Corp. (CIDM) grew over 4.07% at $0.7269 in pre-market trading today after announcing eight additional linear streaming channels are now available on Rad’s fast-growing global streaming platform.
    Before the trading started on December 07, 2020, PDS Biotechnology Corporation (PDSB) is down -7.49% to reach $2.47. It has been trading in a 52-week range of $0.62 to $4.98.
    Pioneer Power Solutions Inc. (PPSI), a Electrical Equipment & Parts company, dropped about -6.59% at $4.11 in pre-market trading Monday. The company lately declared that it has finalized a conclusive settlement with Myers Power Products, Inc., a specialty electrical products manufacturer.
    Castor Maritime Inc. (NASDAQ: CTRM) shares are trading down -3.25% at $0.1935 at the time of writing. Company’s 52-week ranged between $0.11 to $2.60.
    RMG Acquisition Corp. (RMG) is down more than -5.62% at $17.31 in pre-market hours Monday December 07, 2020. The firm recently announced the nomination of Paul Williams to serve on the board of directors of Romeo Power upon consummation of merger. The stock had jumped over 19.95% to $18.34 in the last trading session.
    Before the trading started on December 07, 2020, Energy Fuels Inc. (UUUU) is up 6.2% to reach $2.74. It has been trading in a 52-week range of $0.78 to $2.42.
    Safe-T Group Ltd (SFET) stock soared 20.49% to $1.47 in the pre-market trading. The technology firm recently declared that it will hold a virtual event – webinar with Fujitsu, a global information and communication technology (ICT) company, on December 10, 2020.
    Before the trading started on December 07, 2020, ENGlobal Corporation (ENG) is up 4.42% to reach $1.89. It has been trading in a 52-week range of $0.46 to $4.32.
    Foresight Autonomous Holdings Ltd. (NASDAQ: FRSX) shares are trading down -6.96% at $1.47 at the time of writing after reporting that it will provide its QuadSight® multispectral vision solution, and is expected to receive approximately one million USD from the European Commission through the Horizon 2020 framework program. Company’s 52-week ranged between $0.46 to $1.95. Analysts have a consensus price target of $16.
    Hennessy Capital Acquisition Corp. IV (HCAC) is up more than 16.13% at $15.62 in pre-market hours Monday December 07, 2020. The stock had jumped over 10.52% to $13.45 in the last trading session.
    Sesen Bio Inc. (SESN) is up more than 4.58% at $1.6 in pre-market hours Monday December 07, 2020. The firm recently revealed partnership with Hikma Pharmaceuticals for the commercialization of Vicineum™ in the Middle East and North Africa. The stock had jumped over 15.04% to $1.53 in the last trading session.
    Before the trading started on December 07, 2020, Apache Corporation (APA) is down -2.5% to reach $14.8. It has been trading in a 52-week range of $3.80 to $33.77.
    BlackBerry Limited (NYSE: BB) shares are trading down -2.7% at $8.29 at the time of writing after declaring that it will report results for the third quarter of fiscal year 2021 at 5:30 p.m. ET on Thursday, December 17, 2020. Company’s 52-week ranged between $2.70 to $9.69.
    TechnipFMC plc (NYSE: FTI) shares are trading down -3.41% at $9.92 at the time of writing. Company’s 52-week ranged between $4.49 to $21.84.
    Nesco Holdings Inc. (NSCO) tumbled over -12.41% at $5.86 in pre-market trading today as the firm revealed that it has entered into a definitive agreement to acquire Custom Truck One Source (“CTOS”) for a purchase price of $1.475 billion.
    Penn Virginia Corporation (PVAC) is down more than -2.05% at $9.55 in pre-market hours Monday December 07, 2020. The stock had jumped over 7.50% to $9.75 in the last trading session.
    Uranium Energy Corp. (UEC) stock soared 11.57% to $1.35 in the pre-market trading after reporting that the U.S. Senate Committee on Environment and Public Works (EPW) has approved a bipartisan bill entitled the American Nuclear Infrastructure Act (ANIA). The most recent rating by Canaccord Genuity, on October 14, 2020, is a Speculative buy.
    Lyft Inc. (NASDAQ: LYFT) shares are trading up 2.67% at $47.33 at the time of writing. Company’s 52-week ranged between $14.56 to $54.50.
    Verb Technology Company Inc. (VERB) grew over 2.46% at $1.25 in pre-market trading today. The firm lately revealed that it will deliver a presentation at the Benzinga Global Small Cap Conference being held December 8-9, 2020.
    TransEnterix Inc. (TRXC) is down more than -7.22% at $0.47 in pre-market hours Monday December 07, 2020. The stock had jumped over 6.63% to $0.51 in the last trading session.
    FuelCell Energy Inc. (FCEL), a Electrical Equipment & Parts company, rose about 3.77% at $8.25 in pre-market trading Monday following the closing of public offering of 39,696,320 shares of common stock.
    Before the trading started on December 07, 2020, Senseonics Holdings Inc. (SENS) is up 9.28% to reach $0.4699. It has been trading in a 52-week range of $0.35 to $1.78.
    Before the trading started on December 07, 2020, The Macerich Company (MAC) is down -2.44% to reach $11.6 after declaring that the Company has earned Bureau Veritas SafeGuard™ Hygiene Excellence and Safety Certification for key properties. It has been trading in a 52-week range of $4.56 to $26.20.
    Southwestern Energy Company (SWN) stock plunged -2.33% to $2.93 in the pre-market trading. The most recent rating by UBS, on December 01, 2020, is a Sell.
    Gamida Cell Ltd. (GMDA) is up more than 7.6% at $7.5 in pre-market hours Monday December 07, 2020 after reporting in an oral presentation the updated and expanded results from a Phase 1 clinical study of GDA-201. The stock had jumped over 5.61% to $6.97 in the last trading session.
    Sintx Technologies Inc. (NASDAQ: SINT) shares are trading up 2.45% at $2.09 at the time of writing. Company’s 52-week ranged between $0.28 to $3.30.
    Matinas BioPharma Holdings Inc. (MTNB) grew over 12.84% at $1.23 in pre-market trading today after announcing collaboration with the National Institute of Allergy and Infectious Diseases to evaluate oral formulations of Gilead’s antiviral remdesivir utilizing Matinas’ LNC Platform delivery technology.