If there's one thing you can DEFINITELY SAY about the war between Russia and The Ukraine, it is that these geopolitical storms have completely reshaped the way that energy independence is prioritized in North America.
Just like the Chinese cannot be relied upon for global commerce any longer, the Russian government have proven themselves to be totally unpredictable, when it comes to energy and electricity.
In my career, I've seen many types of business and financial opportunities, but none SO CLEAR as a politically-driven mandate.
If the U.S. government were to ramp-up its dire need to be nuclear-independent, Uranium Energy Corp. (NYSE: UEC) could become an essential energy stock and a powerhouse company.
45% of the company's shares are institutionally-held; this is THE GO-TO nuclear stock for Wall Street, when it comes to U.S.-domiciled leverage to nuclear energy!
Here are some of the company's largest shareholders: Fidelity, Blackrock, State Street, UBS and Sprott!
I'm going to boil it down and make this very simple, because in my head, I see the upside potential for Uranium Energy Corp. (NYSE: UEC) in a straightforward and clear way:
As of 2020, global uranium mine production covered only 74% of world reactor requirements. Analysts expect the market deficit to continue through 2022.
There is virtually No U.S. uranium production, despite operating the world’s largest nuclear reactor fleet.
There is no other company in the uranium sector that has greater upside potential, compared with its risk profile than NYSE-listed Uranium Energy Corp (NYSE: UEC), in my opinion!
There are currently two, issued price targets, one of $6.60 and a second, of $7.10; the current price is: $4.21.
Look at these price targets:
Below I summarized the essence of the REASONS that I rank Uranium Energy Corp. (NYSE: UEC) as the top uranium stock:
- Fastest growing, 100% unhedged pure play uranium company.
- Production ready, low-cost ISR mining - largest ISR projects of any U.S. based producer.
- Strong Balance sheet with $182M of assets, no debt!
- Physical uranium portfolio of 5M lbs. U.S. warehoused U3O8 at approx. $38/lb average cost, the largest inventory position for a U.S. based uranium company.
This is the holy grail for many mining investors. Uranium Energy Corp. (NYSE: UEC) actually has a physical position and is backed by the underlying commodity. Research Uranium Energy Corp. (NYSE: UEC)!
