5 Top Uranium News Stories of 2017

Energy Investing
Uranium Investing

2017 was another tough year for the uranium market, but many investors remained interested in the space. Here are our most popular stories of the year.

The uranium market was stable in 2017, with the U3O8 spot price moving between a low of $19.60 per pound and a high of $24.50.

At 10-year lows, however, the energy metal failed to rebound as many market watchers hoped it would. Even so, dedicated investors remained interested in the space this year. Our most popular uranium news stories show that many were still on the hunt for price information and for stock picks from experts.

Scroll on to see which of our uranium articles received the most attention in 2017. And let us know in the comments what uranium news stories grabbed your attention this year.

1. Rob Chang: A Uranium Price Turnaround is Coming

Kicking off the list is an audio interview with Rob Chang, senior analyst and head of metals and mining at Cantor Fitzgerald. Speaking on the sidelines of PDAC in March, Chang said he saw uranium prices moving up. How come? He offered his rationale for that forecast, pointing to global utilities recontracting and the potential for higher price negotiations on the supplier end.

Chang also offered his stock picks in the sector and commented on whether US President Donald Trump could negatively impact the uranium sector. Listen to the interview below.

2. Nick Hodge: Uranium Prices Have to Rise Soon

Next on our uranium news list is a video interview with Nick Hodge, president of the Outsider Club. He covers a vast array of commodities and in an interview at the New Orleans Investment Conference in October he said his top choice for metals is uranium.

He explained that the metal has been undervalued for quite some time, and said he feels there is now great opportunity. He also pinpointed key drivers that could boost the metal in the future and shared how has he been taking advantage of the current uranium opportunity. Watch the interview below.

3. Industry Experts Optimistic About Uranium Market

At the International Metal Writers Conference in May, uranium was a hot topic. While the industry has been hard hit since 2011, some believe it’s now in an auspicious position. Take Jordan Trimble, for example. Trimble is president and CEO of Skyharbour Resources (TSXV:SYH), and in a panel at the show he explained why he’s glad the sector has just a handful of producers left.

The panel also featured execs from several other uranium-focused companies. Read our overview to find out what they said and why they remain optimistic about the space.

4. What’s Driving the Uranium Price?

Uranium prices climbed briefly at the beginning of 2017, and investors were glad to see that comeback. But what drove prices up? In this uranium news story written in February we looked at the key catalysts, with the main driver being Kazakhstan’s plans to cut 10 percent of its uranium production.

5. Thom Calandra: 3 Uranium Stock Picks

Our last uranium news story is a video interview with Thom Calandra of the Calandra Report. In this January interview, Calandra details where the world’s highest uranium grades are found.

Which uranium stocks does Calandra own? At the time he said he had invested in just three strategic stocks: CanAlaska Uranium (TSXV:CVV), Virginia Energy Resources (TSXV:VUI) and Fission 3.0 (TSXV:FUU). Watch the video to find out why Calandra singled out these three for opportunity. And click here to watch an October update on the uranium sector from Calandra.

Don’t forget to follow us @INN_Resource for real-time news updates.

Securities Disclosure: I, Amanda Kay, hold no direct investment interest in any company mentioned in this article.

Editorial Disclosure: Fission 3.0 is a client of the Investing News Network. This article is not paid-for content.

The Conversation (0)


S&P 5004320.06-9.94


Heating Oil3.27-0.02
Natural Gas2.65+0.04