News Kyrgyz Republic
News Kyrgyz Republic
Investing in uranium
The price of uranium has been very volatile over the last year of a peak of just over $ 300 (USD) per metric ton in June 2007 to a low of $ 75 (USD) per metric ton from October 11, 2007.
This price fall has significantly affected the major producers of uranium with share prices falling by half. When the commodity boom and demand for energy increases, it is time to invest in uranium while stocks are very cheap to harvest the fruits of the recovery of uranium prices.
Many analysts have argued that uranium has reached a bottom and is ready for a rally to demand from China, India and other growing economies will continue to support higher prices. Investors think to play this scenario should look to Canada for investment opportunities of uranium, Canada is the largest producer in the world.
Due to falling uranium prices that many large companies to invest capital. The following investments may be appropriate for those who believe in assessing long-term price of uranium:
Cameco (CCO): The stock is currently over 30% below its recent peak in June
Cameco is the largest producer of uranium concentrate. Cameco Corporation (Cameco) is primarily engaged in the exploration and development, exploitation, refining and conversion for the sale of uranium as fuel to generate electricity in nuclear reactors in Canada and other countries. Its mines are located mainly in the basin the uranium-rich Athabasca in northern Saskatchewan.
The Company has a 31.6% interest in Bruce Power LP (PAPO), which operates the four Bruce B Nuclear Ontario. The Company holds Zircatec Precision Industries, Inc., primarily engaged in manufacturing clusters nuclear fuel. 52.7% subsidiary Centerra Gold Inc., Cameco (Centerra) is involved in exploration and development mining and sale of gold. Cameco has four segments: uranium, fuel services, electricity production of nuclear energy and gold. In June 2006, the Company acquired 19.5% in UNOR Inc., whose principal properties are 226 mineral claims in northwestern Nunavut on the Hornby Basin.
Dension (DML): The stock is currently trading at a discount of over 60% of its last 52 weeks.
Denison Mines Corp. (Denison) Formerly known as International Uranium Corporation, its subsidiaries and joint ventures is engaged uranium exploration and production. major strengths the company is a 22.5% interest in one of the largest facilities in the world uranium McClean Lake in northern Saskatchewan and a 25.17% interest in the Midwest uranium project. Denison has also launched an active exploration program in McClean, the Midwest, the river Wheeler, Wolly, Waterfound and properties of Mongolia.
Denison also acts as manager of Uranium Participation Corporation. Uranium Participation Corporation is a publicly traded company that is involved in the purchase, possession and sale of uranium concentrates.
In addition, Denison is engaged in mine decommissioning and environmental services through its Denison Environmental Services (DES) division.
Uranium One Inc. (UUU): Negotiates currently over 22% reduction of its last 52 weeks ..
Uranium One Inc., formerly SXR Uranium One Inc., is engaged through its subsidiaries in the acquisition, exploration and development of properties in the uranium production in South Africa, Australia, Canada and the United States and gold in South Africa. The company owns 70% of the uranium mine operating Akdala in Kazakhstan and is also developing the South Inkai and Kharasan uranium projects in Kazakhstan. The domain owner uranium project Uranium in South Africa and the Honeymoon uranium project in South Australia. In the United States, Uranium One has ownership interests in Wyoming, Texas, Utah and New Mexico, including the plant Shootaring Canyon and ease Hobson ISR. Uranium One is also engaged in uranium exploration activities in the United States, the Athabasca Basin in Saskatchewan, South Africa, Australia and Kyrgyz Republic.
Paladin Resources (PDN): Currently a discount of 40% at 52 weeks of leave.
Paladin Resources is an Australian uranium exploration and development. Paladin Resources Ltd. operates in the resource sector, with a core activity of the evaluation and development of uranium projects in Africa and Australia. Its projects include one hundred percent Langer Heinrich Uranium Project, located in Namibia, Africa South and welcomes superficial calcrete-type uranium deposits, uranium Kayelekera project, which is located in northern Malawi, Africa South uranium project Manyingee, located in the north-west of Western Australia, boasts sandstone deposits, and deposits Oobagooma project, located in the West Kimberley in Western Australia and hosts the sandstone. Their joint company Quasar Resources Pty Ltd covers two exploration licenses in the northern basin of Frome in South Australia.
An investor who wants to diversify its investments in uranium may want to consider invest in an investment vehicle such as uranium Participation Corporation (which invests most of its assets in uranium.
Stuart McConnachie invites you to read more personal investment advice articles at his blog http://www.investingincanada.info If you enjoy the content consider signing up for the free news feed so that new articles are sent directly to your email account via Google’s Feedreader ‘Feedburner’.
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