The Japan Effect, Uranium Consumption and Sector Considerations - Industry Report Featuring Denison Mines Corp. and Uranium Energy Corp.
HONG KONG, March 15 /PRNewswire/ - Today, www.WorldStreetFundamentals.com released its industry report highlighting Denison Mines Corp. (NYSE Amex:DNN)(TSX:DML) and Uranium Energy Corp. (NYSE Amex:UEC). Investors are invited to view fundamental and technical analysis at www.WorldStreetFundamentals.com/Reports.php.
The Japan situation has triggered speculators to sell uranium spot prices, while buyers hold-back for more stability. Analysts contend that swings within uranium producers between 7-28% are exaggerated. Real numbers surrounding the Japan situation are far from justifying swings to this extent on their own, considering many producers only have general exposure to the uranium market. Very few companies with concentrated exposure to the Japanese market are likely to warrant swings of such magnitude. With this in mind, many investors are looking to place capital into well-positioned companies at value prices.
World Street Fundamentals has highlighted Denison Mines Corp. for its diversified, growth-oriented, intermediate uranium focus with three active mines in the United States. Denison's assets include an interest in two of the four uranium mills in North America, with its 100% ownership of the White Mesa mill in Utah and its 22.5% ownership of the McClean Lake mill in Saskatchewan. Denison has a portfolio of exploration projects, including its 60% interest in the Wheeler River project, and a range of development projects in Canada, U.S., Mongolia and Zambia providing potential for future production. To read the report on Denison Mines Corp. (NYSE Amex:DNN) (TSX:DML), click here: www.WorldStreetFundamentals.com/ViewFullReport.DNN.php.
World Street recognizes Uranium Energy Corp. for its significant progress during the last quarter at Palangana and Hobson. The company's investment into its "hub and spoke" strategy has the potential for exceptional margins, and the initial results appear to confirm the company's sentiment towards this unique approach. The Company's fully licensed and permitted Hobson processing facility is central to all of its projects in South Texas, including the Palangana in-situ recovery project, which is ramping up initial production, and the Goliad in-situ recovery project which is in the final stages of mine permitting for production. To read the report on Uranium Energy Corp. (NYSE Amex:UEC), click here: www.WorldStreetFundamentals.com/ViewFullReport.UEC.php.
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SOURCE World Street Fundamentals
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