We are nearing the end of the first month of 2024 and most uranium stocks are already up at least 25% year-to-date as the prices for the commodity top AU$140 per kilogram for the first time in 16 years. At its core, investing in uranium mining is all about who has the biggest resource with the best grades and the companies ability to extract the uranium at the lowest cost. In this series, we will be looking at which uranium explorers, producers and developers should be at the top of your watchlist in 2024.Â
Ticker | Company | Mkt Cap | Projects | Status | AUD Price | High |
$DYL | Deep Yellow | 1.08B | Australia and Namibia | DFS | 1.395 | $DYL does not pay dividends. |
$PDN | Paladin Energy | 3.65B | Australia, Canada, Namibia | DFS | 1.230 | $PDN does not pay dividends. |
$AEE | Aura Energy | 152.44M | Mauritania | DFS | 0.255 | $AEE does not pay dividends. |
$GUE | Global Uranium And Enrichment | 29.71M | USA, Canada, Australia | Scoping Study | 0.145 | $GUE does not pay dividends. |
$BHP | BHP Group | 237.48B | Australia, Chile, US, Brazil, Canada, Peru | Construction | 47.54 | 5.58% |