Latest news with #UraniumEnergy
Yahoo
7 days ago
- Business
- Yahoo
Why Uranium Energy Stock Is Spiking Today
Meta Platforms signed a massive 20-year deal with a nuclear energy provider. The company will use the entire output of a nuclear plant in Illinois. Uranium Energy and other nuclear stocks saw a boost as investors took it as a sign more deals like it may be coming. 10 stocks we like better than Uranium Energy › Shares of Uranium Energy (NYSEMKT: UEC) are flying higher on Tuesday. The company's stock spiked 11.8% as of 2:26 p.m. ET. The movement comes as the S&P 500 (SNPINDEX: ^GSPC) and the Nasdaq Composite (NASDAQINDEX: ^IXIC) gained 0.4% and 0.6%, respectively. Uranium Energy and nuclear stocks across the industry saw a boost after a major deal was announced between Meta Platforms and Constellation Energy. The parent company of Facebook and Instagram announced on Tuesday that it has signed a 20-year agreement with Constellation to purchase roughly 1.1 gigawatts of energy from the nuclear company's Clinton Clean Energy Center in Illinois. That is the entire output from the Constellation site's nuclear reactor. The deal is concrete proof of big tech's newfound interest in nuclear energy. With the advent of generative AI, tech companies are finding current options insufficient to power the massive data centers that power today's exceptionally power-hungry artificial intelligence (AI) models. Nuclear energy offers a reliable and powerful-enough output to meet the demands of AI without emitting greenhouse gases. Uranium Energy, which provides the uranium that powers reactors like the one Meta will now draw on, saw its stock lifted on the news of Meta's deal. Investors appear to believe more deals like it will be inked in the years to come, and demand for uranium will spike, boosting Uranium Energy's bottom line. I think Uranium Energy can be a solid addition to a well-diversified portfolio for investors who want exposure to stocks in the uranium space. It is fast growing, and if this trend in big tech's reliance on nuclear power continues, the company is likely to benefit. Before you buy stock in Uranium Energy, consider this: The Motley Fool Stock Advisor analyst team just identified what they believe are the for investors to buy now… and Uranium Energy wasn't one of them. The 10 stocks that made the cut could produce monster returns in the coming years. Consider when Netflix made this list on December 17, 2004... if you invested $1,000 at the time of our recommendation, you'd have $657,385!* Or when Nvidia made this list on April 15, 2005... if you invested $1,000 at the time of our recommendation, you'd have $842,015!* Now, it's worth noting Stock Advisor's total average return is 987% — a market-crushing outperformance compared to 171% for the S&P 500. Don't miss out on the latest top 10 list, available when you join . See the 10 stocks » *Stock Advisor returns as of June 2, 2025 Randi Zuckerberg, a former director of market development and spokeswoman for Facebook and sister to Meta Platforms CEO Mark Zuckerberg, is a member of The Motley Fool's board of directors. Johnny Rice has no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Meta Platforms. The Motley Fool recommends Constellation Brands. The Motley Fool has a disclosure policy. Why Uranium Energy Stock Is Spiking Today was originally published by The Motley Fool
Globe and Mail
7 days ago
- Business
- Globe and Mail
Noble Plains Uranium Secures Strategic Ground in Heart of Shirley Basin Uranium District
Vancouver, British Columbia--(Newsfile Corp. - June 3, 2025) - Noble Plains Uranium Corp. (TSXV: NOBL) (OTCQB: IXIXF) (FSE: INE) (" Noble Plains" or the " Company") is pleased to announce that it has secured an option to acquire a 100% interest in 30 highly strategic mineral claims collectively called the Shirley Central Property in the prolific Shirley Basin of Wyoming, a historically productive and infrastructure rich uranium district in the United States. Several of the Shirley Central Property claims lie directly within Ur-Energy Inc.'s Shirley Basin permit boundary, while others are surrounded by Uranium Energy Corp's (UEC) land package-placing Noble Plains in the middle of a rapidly developing uranium hub. Ur-Energy Inc.'s Shirley Basin Project currently hosts a National Instrument 43-101 compliant Measured (1,367,000 short tons) and Indicated (549,000 short tons) Resource of 8.816 million pounds U₃O₈ at 0.23% 1 and is under active construction 2. "This acquisition is a clear reflection of our strategy-targeting sound geological projects in premier U.S. uranium jurisdictions," stated Drew Zimmerman, President of Noble Plains. "We're focused on acquiring brownfield assets with proven potential and strong ISR amenability, and this new land package in the Shirley Basin is a prime example." To view an enhanced version of this graphic, please visit: The Company has obtained, digitized, and interpreted historical aerial photos and records to reveal at least five distinct areas of dense, systematic drilling within the Shirley Central Property as conducted by past operators, such as Kerr-McGee (see Figure 1). These were drilled between former producing open-pit mines, targeting uranium mineralization with denser grid spacing (25m by 25m) designed to delineate higher-grade zones. Historic exploration density strongly suggests high-confidence targets for future ISR resource delineation. Noble Plains plans to fast-track permitting to begin drilling on these "bullseye" targets by late summer 2025. "The Shirley Basin is very well-understood geologically and in a historically productive uranium district in the United States," said Paul Cowley, CEO of Noble Plains. "This land package sits between past-producing open pits and has dense historical drilling with clear signs of mineralization that make it an exceptional geological opportunity with five "bullseye" targets already identified for drill testing." The Shirley Central Property adds to the Company's Shirley East Property (aka Hot Property), expanding Noble Plains' Shirley Basin footprint to a total of 101 unpatented mineral claims covering 8.44 km² (3.26 mi²), consolidating the Company's position in a premier U.S. uranium district (see Figure 2). To view an enhanced version of this graphic, please visit: Shirley Basin Wyoming is the top uranium-producing state in the U.S. and hosts the country's largest ore reserves. The Shirley Basin alone produced over 52 million pounds of U₃O₈ between 1960 and 1992 at an average grade of 0.22% U₃O₈ -over three times the current U.S. average. With ISR now the dominant method of uranium production in Wyoming, these newly optioned claims are especially compelling. ISR offers lower capital and operating costs, minimal surface disturbance, and no tailings-aligning with Noble Plains' commitment to environmentally responsible development. 1 Updated Initial Assessment Technical Report Summary on Shirley Basin ISR Uranium Project, Carbon County Wyoming, USA dated March 4, 2024 and prepared by Western Water Consultants, Inc. 2 Ur-Energy Announces Decision to Build Out Shirley Basin Mine: Press Release dated March 13, 2024 Terms of Transaction The Company has signed a property option agreement (the " Agreement") effective June 1, 2025, with a private vendor pursuant to which the Company can acquire a 100% interest in the Shirley Central Property. Pursuant to the Agreement, the Company will pay US$50,000 annually to the vendor. Between the third anniversary of the effective date of the Agreement and a construction decision, the Company can exercise the option to own a 100% interest in the Shirley Central Property subject to a 3% gross value royalty. At that time, annual option payments of US$50,000 convert to an annual US$50,000 milestone payment. The Shirley Central Property option transaction is considered an Exempt Transaction, as such term is defined in the policies of the Exchange and, thus, does not require Exchange approval. On Behalf of the Board of Directors, "Paul Cowley", CEO Bradley Parkes, VP Exploration and Director of Noble Plains Uranium Corp., is the Qualified Person as defined in National Instrument 43-101, who has read and approved the technical content of this news release. This news release includes certain forward-looking statements as well as management's objectives, strategies, beliefs and intentions. Forward looking statements are frequently identified by such words as "may", "will", "plan", "expect", "anticipate", "estimate", "intend" and similar words referring to future events and results. Forward-looking statements are based on the current opinions and expectations of management. All forward-looking information is inherently uncertain and subject to a variety of assumptions, risks and uncertainties, including the speculative nature of mineral exploration and development, fluctuating commodity prices, competitive risks and the availability of financing, as described in more detail in our recent securities filings available at Actual events or results may differ materially from those projected in the forward-looking statements and we caution against placing undue reliance thereon. We assume no obligation to revise or update these forward-looking statements except as required by applicable law. Neither the TSX Venture Exchange nor its Regulations Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accept responsibility for the adequacy or accuracy of this release.
Yahoo
30-05-2025
- Business
- Yahoo
Why Uranium Energy (UEC) Dipped More Than Broader Market Today
The most recent trading session ended with Uranium Energy (UEC) standing at $5.93, reflecting a -1.33% shift from the previouse trading day's closing. The stock trailed the S&P 500, which registered a daily loss of 0.01%. Meanwhile, the Dow experienced a rise of 0.13%, and the technology-dominated Nasdaq saw a decrease of 0.32%. The the stock of uranium mining and exploration company has risen by 14.04% in the past month, leading the Basic Materials sector's gain of 2.29% and the S&P 500's gain of 6.43%. The upcoming earnings release of Uranium Energy will be of great interest to investors. The company's upcoming EPS is projected at -$0.04, signifying a 20% increase compared to the same quarter of the previous year. Looking at the full year, the Zacks Consensus Estimates suggest analysts are expecting earnings of -$0.10 per share and revenue of $89.78 million. These totals would mark changes of -11.11% and +39978.13%, respectively, from last year. Investors should also take note of any recent adjustments to analyst estimates for Uranium Energy. These latest adjustments often mirror the shifting dynamics of short-term business patterns. As a result, we can interpret positive estimate revisions as a good sign for the company's business outlook. Based on our research, we believe these estimate revisions are directly related to near-team stock moves. To capitalize on this, we've crafted the Zacks Rank, a unique model that incorporates these estimate changes and offers a practical rating system. The Zacks Rank system, spanning from #1 (Strong Buy) to #5 (Strong Sell), boasts an impressive track record of outperformance, audited externally, with #1 ranked stocks yielding an average annual return of +25% since 1988. Within the past 30 days, our consensus EPS projection remained stagnant. As of now, Uranium Energy holds a Zacks Rank of #2 (Buy). The Mining - Miscellaneous industry is part of the Basic Materials sector. This group has a Zacks Industry Rank of 133, putting it in the bottom 47% of all 250+ industries. The Zacks Industry Rank gauges the strength of our industry groups by measuring the average Zacks Rank of the individual stocks within the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1. Make sure to utilize to follow all of these stock-moving metrics, and more, in the coming trading sessions. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Uranium Energy Corp. (UEC) : Free Stock Analysis Report This article originally published on Zacks Investment Research ( Zacks Investment Research
Yahoo
28-05-2025
- Business
- Yahoo
2 AI Stocks to Buy Hand Over Fist Right Now
Growth stocks have been on a roller-coaster ride thus far in 2025. These two beaten-down growth stocks appear to be attractive plays in the era of AI. 10 stocks we like better than Datadog › Growth stocks have had an up-and-down year so far. Despite bullish projections heading into 2025, President Donald Trump's global trade reset has weighed on markets, with the benchmark S&P 500 close to flat year to date, despite a recent marketwide trend reversal. However, savvy investors know that marketwide pullbacks are often the best times to load up on high-quality names. With that in mind, here is a nuts-and-bolts overview of two currently unloved growth stocks that appear ripe to deliver stronger performances from here. Datadog (NASDAQ: DDOG) is a cloud observability platform that helps companies monitor and optimize their entire technology infrastructure. Think of its software as a control tower for modern businesses, providing real-time visibility into servers, databases, applications, and services across cloud environments. When something goes wrong in a company's digital operations, Datadog helps teams quickly identify and resolve the issue before it affects customers. The company has become an essential service provider for many enterprises navigating their digital transformations. Over 30,500 customers now rely on Datadog's platform, and the business is thriving. In the first quarter, revenue surged 25% year over year to $762 million, beating analysts' consensus expectation. Though the stock has lost 7.4% of its value over the past 12 months, the underlying business momentum remains remarkably strong. What makes Datadog particularly compelling is its rapidly expanding opportunity in artificial intelligence (AI) observability and data quality monitoring. With the increasing adoption of AI, companies will need more sophisticated tools to monitor AI-generated code and workloads. Datadog's AI-native customer cohort already represents 8.5% of its annual recurring revenue, up from just 3.5% a year ago, and this segment is growing quickly. Still, Datadog stock isn't cheap. Currently, the cloud observability specialist's shares trade at a whopping 60 times forward earnings. For comparison, the S&P 500 presently trades at around 21 times forward earnings. However, with top-line growth expected to approach 40% throughout 2025 and 2026, per Wall Street's consensus estimates, Datadog's premium valuation isn't surprising. After all, the company is evolving into a cornerstone of the broader AI revolution -- and that megatrend is an unstoppable force that's expected to generate trillions in economic value in the years ahead. Uranium Energy (NYSEMKT: UEC) (aka UEC) is a uranium mining company with three hub-and-spoke platforms in southern Texas and Wyoming. The company extracts uranium using in-situ recovery (ISR), a low-cost method that uses chemicals to dissolve the uranium underground; the resulting solution is then pumped to the surface, where the minerals are extracted from it. As the U.S. moves to secure its nuclear fuel supply chain, UEC is positioned to become a critical domestic supplier. The investment case for Uranium Energy is centered on the surging electricity demand from the nation's growing numbers of AI data centers, which require reliable baseload power that renewables can't consistently provide without battery storage solutions. This situation is driving a nuclear renaissance, with tech giants like Microsoft and Alphabet signing deals with utilities to restart shuttered nuclear reactors and build new ones. Recent policy developments have supercharged UEC's prospects -- President Trump's executive orders invoked the Defense Production Act to reduce U.S. dependence on foreign uranium and streamline nuclear reactor construction. Though Uranium Energy's shares are down by about 11.2% over the past 12 months, the company's strategic importance has never been clearer. The main concern for investors here will be valuation. UEC stock trades at 178 times expected forward earnings, a massive premium to the S&P 500's 21 multiple. However, with U.S. power consumption expected to hit record highs in 2025 and 2026, and with domestic uranium production still far below demand, UEC's scarcity value may not only justify that price but drive a significant rally in the months ahead. As one of the few production-ready domestic uranium suppliers, UEC stands to benefit directly from America's nuclear resurgence. That's a potent catalyst. Before you buy stock in Datadog, consider this: The Motley Fool Stock Advisor analyst team just identified what they believe are the for investors to buy now… and Datadog wasn't one of them. The 10 stocks that made the cut could produce monster returns in the coming years. Consider when Netflix made this list on December 17, 2004... if you invested $1,000 at the time of our recommendation, you'd have $639,271!* Or when Nvidia made this list on April 15, 2005... if you invested $1,000 at the time of our recommendation, you'd have $804,688!* Now, it's worth noting Stock Advisor's total average return is 957% — a market-crushing outperformance compared to 167% for the S&P 500. Don't miss out on the latest top 10 list, available when you join . See the 10 stocks » *Stock Advisor returns as of May 19, 2025 Suzanne Frey, an executive at Alphabet, is a member of The Motley Fool's board of directors. George Budwell has positions in Microsoft. The Motley Fool has positions in and recommends Alphabet, Datadog, and Microsoft. The Motley Fool recommends the following options: long January 2026 $395 calls on Microsoft and short January 2026 $405 calls on Microsoft. The Motley Fool has a disclosure policy. 2 AI Stocks to Buy Hand Over Fist Right Now was originally published by The Motley Fool Sign in to access your portfolio
Yahoo
25-05-2025
- Business
- Yahoo
Nuclear Energy Stocks Soar as Trump Prepares Executive Order
An executive order boosting nuclear energy production, permitting, and construction is expected to be signed as early as today. Nuclear energy stocks are up big on the news, but this may leave investors disappointed. 10 stocks we like better than NuScale Power › Reuters has reported that President Trump is planning to sign an executive order to speed up the permitting and construction of nuclear energy power plants in the U.S. as early as today. The market didn't ask questions and simply bid up nuclear stocks today. As a result, anything related to nuclear energy was up big, with Oklo (NYSE: OKLO) up as much as 31.3%, Centrus Energy (NYSEMKT: LEU) up 26.5%, Nano Nuclear Energy (NASDAQ: NNE) jumped 29.7%, NuScale Power (NYSE: SMR) was up 18.3%, Energy Fuels (NYSEMKT: UUU) rose 19.1%, and Uranium Energy (NYSEMKT: UEC) popped 26%. As of this writing, at 1:30 p.m. ET, there's no executive order signed, and the most we have is reporting from Reuters. It says the order would invoke the Defense Production Act and direct the Departments of Energy and Defense to speed up the construction of new nuclear reactors. The reporting indicates that reliance on Russia and China for enriched uranium is the basis for the order, with the administration hoping to push development on both private and public land. As with most executive orders, the impact may not be as big as investors might think. It will still take many years to permit and build nuclear power plants, and it's not clear if they would be cost-effective today anyway. So, the sentiment may be correct by the administration, but the financial impact for these companies may disappoint. The bounce is almost entirely built on speculation because most of these companies are either very low revenue or pre-revenue. They're developing technology or solutions for the industry, but that hasn't even manifested in paying customers to this point. As investors, that's a big risk to take for an industry that moves in decades, not months or years. The Obama administration tried to rejuvenate the nuclear industry over a decade ago, and that didn't work, so it's not clear why this would be different. This isn't the first time the nuclear industry has gone through hype cycles. You can see in the chart that long public stocks like Energy Fuels and Uranium Energy have been extremely volatile for two decades. But over that time, they haven't generated meaningful or sustainable earnings that investors can count on. I don't see any reason to think that's going to change this time around. Changes to the nuclear bureaucracy could take years, and by then, there may be a new administration. Financing and constructing nuclear power plants is also not a straightforward endeavor for utilities that may want to invest in the industry, given the high cost and uncertain payback period for projects. I think today's bounce will be another short-term move that will ultimately fall back to Earth as the nuclear industry fails to live up to the hype in the market today. An executive order doesn't change the challenge the industry has building projects economically, and until that changes, it's an area I'll stay out of. Before you buy stock in NuScale Power, consider this: The Motley Fool Stock Advisor analyst team just identified what they believe are the for investors to buy now… and NuScale Power wasn't one of them. The 10 stocks that made the cut could produce monster returns in the coming years. Consider when Netflix made this list on December 17, 2004... if you invested $1,000 at the time of our recommendation, you'd have $640,662!* Or when Nvidia made this list on April 15, 2005... if you invested $1,000 at the time of our recommendation, you'd have $814,127!* Now, it's worth noting Stock Advisor's total average return is 963% — a market-crushing outperformance compared to 168% for the S&P 500. Don't miss out on the latest top 10 list, available when you join . See the 10 stocks » *Stock Advisor returns as of May 19, 2025 Travis Hoium has no position in any of the stocks mentioned. The Motley Fool recommends NuScale Power. The Motley Fool has a disclosure policy. Nuclear Energy Stocks Soar as Trump Prepares Executive Order was originally published by The Motley Fool Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
