Uranium Investor Optimism Grows

Five Star Equities announced investor optimism within the uranium industry appears to be gaining momentum in 2012 as Japan has begun to bring back nuclear reactors online.

As quoted in the press release:

The Global X Uranium ETF (URA) is up nearly 8 percent in the last month as the growth outlook of Nuclear Energy appears strong after falling hard last year on Japan’s nuclear disaster. The ETF collapsed over 50 percent last year in the wake of the Fukushima disaster. Five Star Equities examines the outlook for companies in the Uranium Industry and provides equity research on Cameco Corp. (NYSE: CCJ) (TSX: CCO) and Uranium Resources, Inc. (NASDAQ:URRE).

Click here to read the Five Star Equities press release.  

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Peninsula Energy

Peninsula Energy (ASX:PEN) is set to be the ASX’s next uranium producer. Its flagship Lance Projects in Wyoming is headed towards production in 2015, with purchasing contracts secured for 2015 to 2024.

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