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What are the top uranium stocks? Here’s a list of the companies on the TSX and TSXV with the biggest year-to-date share price gains.

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Click here to read the latest top uranium stocks on the TSX and TSXV article.
As was anticipated by experts, uranium has seen large gains in 2022, reaching US$64.50 per pound on April 14 — a decade high — driven by factors like Russia's invasion of Ukraine and increasing nuclear adoption.
While uranium's price has fallen since then, it is still performing well, sitting above US$46.50. However, many stocks are still not seeing the performance one might expect. What do experts think of the current market?
"I see it as an opportunity now, I see great uranium companies on sale now," Lobo Tiggre, editor and founder of IndependentSpeculator.com, told the Investing News Network (INN) in an interview at the Prospectors and Developers Association of Canada (PDAC) convention in June. "And if we do get a market crash, I think we'll get a gift — we'll get a shot at stupid cheap prices on fantastic companies."
Gwen Preston of Resource Maven also joined INN at PDAC and spoke about the many factors driving uranium's run, as well as what she thinks of the overall market and which stocks she believes show promise.
"(The market) was already undersupplied. Now the critical step for turning the commodity into fuel has had a huge weight put on it, and supply that's connected to (Russia), a major producer, is tainted, if you want to call it that," she said in conversation at the event. "The setup is really insane."
Below INN has listed the top uranium stocks on the TSX and TSXV by share price performance so far this year. All year-to-date and share price data was obtained on July 20, 2022, from TradingView’s stock screener, and all companies had market caps above C$10 million at the time.
1. Searchlight Resources (TSXV:SCLT)
Year-to-date gain: 16.95 percent; market capitalization: C$11.96 million; current share price: C$0.10
Searchlight Resources is a uranium- and gold-focused explorer and developer working on projects in Saskatchewan, Canada, a prolific jurisdiction for uranium. The company is exploring its 100 percent owned Kulyk Lake South uranium project, and it also holds the Duddridge Lake uranium-copper project, both of which are located south of the famous Athabasca Basin in Northern Saskatchewan. In addition to its uranium properties, the company has three gold projects, the Kulyk Lake North rare earth elements project and others.
While the company’s Q1 news focused on gold exploration, in Q2 and Q3 Searchlight has been looking at both of its uranium projects. On April 18, the company announced that an airborne survey at its Duddridge Lake project had highlighted new uranium targets for exploration. In late June, attention turned to Kulyk Lake, at which Searchlight commenced field work for uranium and rare earths targets; the field work was concluded by early July, and confirmed the results from a 2021 airborne radiometric survey. Results at Kulyk Lake South showed strong radioactivity at a previously unidentified target, including field scintillometer readings of up to 13,000 counts per second.
Company shares have moved alongside uranium prices so far in 2022, hitting a year-to-date high of C$0.12 on April 8.
2. Cameco (TSX:CCO)
Year-to-date gain: 10.03 percent; market capitalization: C$11.71 billion; current share price: C$30.49
Cameco is one of the top global uranium-mining companies, with active operations in Canada and Kazakhstan and suspended mines in the US. The company’s Canadian mines are the Cigar Lake joint venture, the world’s highest-grade uranium mine; and McArthur River/Key Lake, the world’s largest high-grade uranium mine and mill. Both are located in Saskatchewan’s Athabasca Basin. Cameco’s Inkai mine in Kazakhstan is a 40/60 joint venture between it and national operator Kazatomprom. Although McArthur River/Key Lake is currently under care and maintenance, Cameco announced it will slowly be bringing the operation back online.
The company’s year-to-date share price high came early in Q2, when it reached C$39.68 on April 13. In May, Cameco and Orano Canada, the majority owners of the Cigar Lake venture, bought out Idemitsu Canada Resources' 7.875 percent participating interest in the mine. Cameco’s ownership stake is now 54.547 percent. Cameco released its 2021 environmental, social and governance report in July. According to the report, the company had a record-setting safety performance for the fifth year in a row, and is one of Canada’s top employers of Indigenous people.
3. UEX (TSX:UEX)
Year-to-date gain: 8.7 percent; market capitalization: C$193.45 million; current share price: C$0.375
UEX is a uranium-focused company exploring its Christie Lake uranium project in Saskatchewan’s Athabasca Basin. The company has a portfolio of 29 uranium projects around the Athabasca Basin region, five of which are in the advanced resource stage. In addition to its uranium projects, the company also has its West Bear cobalt-nickel project in the same jurisdiction, which UEX is exploring through its 100 percent owned subsidiary CoEX Metals.
In March and much of April, the company’s share price performed strongly, mostly holding above the C$0.40 mark, including a year-to-date high of C$0.43 on March 22. In early April, the company completed its 2022 winter exploration programs at Christie Lake, as well as at the Hidden Bay uranium-nickel project. The company also updated the technical reports for its Shea Creek, Horsehoe-Raven and Christie Lake uranium mines in June and July.
Although the company’s share price fell in May, it spiked again following significant news for the company in early June, when a proposed acquisition of UEX by Uranium Energy (NYSEAMERICAN:UEC) was announced. “This transaction with UEC reflects the efforts of the UEX team to create value through building an attractive strategic portfolio of assets and ultimately delivers a great outcome for UEX shareholders,” UEX President and CEO Roger Lemaitre said in the press release. The company began its summer drill program at Christie Lake in July; the program will include a planned 12 holes and 8,000 meters of drilling.
Don’t forget to follow us @INN_Resource for real-time updates!
Securities Disclosure: I, Lauren Kelly, hold no direct investment interest in any company mentioned in this article.
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Lauren gained her education through Douglas College’s Professional Writing program and SFU’s Editing certificate program. She spent many years at Douglas' student newspaper, including a term as Editor-in-Chief. With over six years as part of the INN team, Lauren is passionate about delivering accurate and informative content to investors.
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Investor Insight
Generation Uranium offers investors high-leverage exposure to a potential major discovery in Canada’s underexplored and resource-rich Thelon Basin, led by a management team with a proven track record of securing high-value exits.
Overview
Generation Uranium (CSE:GEN, OTCQB:GENR, FRA:W85) is a Canadian exploration company focused on wealth creation through discovery within the uranium sector. The company’s primary strategy is to build a high-caliber exploration team that can rapidly test and drill high-potential targets, de-risking projects for potential takeover by larger producers. Currently centered in the prolific Thelon and Angikuni Basins of Nunavut, the company is also actively evaluating additional project acquisitions in the Athabasca Basin to expand its portfolio.

The company is led by a veteran management team with nearly 30 years of experience in mineral development. CEO Michael Collins has a significant track record of building and exiting public companies, including the co-founding of Bluerock Resources, a conventional uranium producer during the 2000-2008 cycle. This expertise is paired with a focused business model that leverages modern geophysical targeting to accelerate exploration timelines and reduce costs, ensuring the company can deliver results quickly in a bullish uranium market.
Company Highlights
- Strategic Location in a Premier Uranium District: The flagship Yath Project is located in Nunavut’s Thelon Basin, contiguous to ATHA Energy’s Angilak Project, which hosts the high-grade Lac 50 deposit.
- High-Grade Discovery Potential: Historical surface sampling at the Yath Project has yielded exceptional uranium grades, including boulders testing at 9.81 percent, 3.95 percent, and 2.14 percent U3O8.
- Expert Management with Exit Experience: Led by CEO Michael Collins, the team has decades of experience in mineral exploration and a history of co-founding companies that were later acquired, such as Prime Mining and Nuclear Fuels.
- Low-Cost, Rapid Exploration Strategy: By leveraging modern geophysics and extensive historical data, the company aims for a "short road to discovery," de-risking projects quickly to maximize shareholder value.
- Bullish Market Fundamentals: Generation Uranium is well-positioned to meet the growing global demand for carbon-free nuclear power, supported by a projected supply deficit and increased interest from major tech companies seeking clean energy.
Key Project
Yath Project - Nunavut, Canada
The Yath Project is Generation Uranium’s flagship project. This 100 percent owned property covers about 120 square kilometers within the underexplored Thelon Basin in Nunavut, Canada. The project is located where the Yathkyed and Angikuni sub-basins meet, which is a region known globally for high-grade uranium potential. It sits directly along the same trend as the Angilak Project owned by ATHA Energy (TSXV:SASK, OTCQB:SASFK, FWB:XSU.F), which contains the Lac 50 deposit, one of the highest-grade uranium resources found outside of the Athabasca Basin with a historical mineral resource estimate of 43.3M lbs at an average grade of 0.69 percent U3O8.

The Yath Project is contiguous to the Lac 50 trend and is crossed by several regional faults and basin boundaries. Past exploration work has already identified high priority targets, while surface sampling in the area has produced uranium grades from boulders, with some testing at 9.81 percent, 3.95 percent, and 2.14 percent U3O8.
The company has commenced its initial field program at the site, set to define and rank drill targets. Historic showings will be combined with new anomalies from the MMT geophysics survey, preparing the project for an anticipated drill permit.
Management Team
Michael Collins - CEO & Director
Michael Collins is a professional geoscientist with nearly 30 years of experience in mineral exploration. He has co-founded several public companies, including Exploits Discovery, Prime Mining (acquired in 2025), and Nuclear Fuels (merged with Premier American Uranium in 2025). He is also currently a director of First Atlantic Nickel.
Christoph Bruening - Director
Christoph Bruening is the founder and managing partner of Value Relations GmbH, a full-service investor relations and public relations agency in Frankfurt with over 25 years of excellence, focusing on mining, exploration, biotech and health care. In addition, he has listed over 600 companies on the Frankfurt Stock Exchange and is a speaker and author of several publications, including on rare earths and uranium.
Dallas Miller - Director
Dallas Miller has been working within the international mining industry for over 15 years, working with BHP and Santos Ltd. He has experience on the ground from an operational standpoint, as well as being an integral part of raising millions of dollars in capital funding for both private and public companies in recent years.
Roger Leschuk - VP Corporate Development
Roger Leschuk has been in corporate management for over two decades, with the past 15 years dedicated to corporate development and investor relations. He has experience participating in and assisting with mergers and acquisitions, and was an investment advisor for various services such as stocks, mutual funds and tax-sheltered investments. He is a Chartered Investment Manager and a Fellow of the Canadian Securities Institute.
Monty Sutton - CFO
Monty Sutton brings over 35 years of experience in public markets and corporate governance. He previously served as CFO for Nuclear Fuels from its IPO through its acquisition.
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Lauren gained her education through Douglas College’s Professional Writing program and SFU’s Editing certificate program. She spent many years at Douglas' student newspaper, including a term as Editor-in-Chief. With over six years as part of the INN team, Lauren is passionate about delivering accurate and informative content to investors.
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