Jefferies Initiates Coverage On Denison Mines with Buy Rating, Announces Price Target of C$5.2

QUICK SPARK: Nuclear Stocks Are Up 16% In August, 3 Names Rallied By Over 30%

The VanEck Uranium and Nuclear ETF is up 16% in August, its best month since January, with Energy Fuels, Uranium Energy and Denison Mines up over 30%.

Shares of uranium and nuclear-related companies are trading higher, possibly in response to Ontario Premier Ford's recent statement that Canada should cut the U.S. off from high-grade nickel and refined uranium produced in Ontario. The commodity has reached a seven-month high.

Shares of uranium and nuclear-related companies are trading higher. The world's largest uranium producer KazAtomProm said in its H1 financial results that the era of cheap uranium is fading away in addition to disclosing new supply deals with Russia and China. Also, Centrus' CEO said in an interview that he expects the U.S. military to be a key buyer of its enriched uranium, which may help bolster demand for fuel and engineering services.

Denison Mines Q2 Adj. EPS $(0.03) Misses $(0.01) Estimate, Sales $720.000K Down From $1.276M YoY

Denison Mines (TSX:DML) reported quarterly losses of $(0.03) per share which missed the analyst consensus estimate of $(0.01) by 200 percent. This is a 400 percent decrease over earnings of $0.01 per share from the same

Foremost Clean Energy Appoints David Cates Interim President, CEO, Succeeding Jason Barnard

Foremost Clean Energy Ltd. ("Foremost" or the "Company") (NASDAQ:FMST) (CSE:FAT) reports that Mr. David Cates has been appointed Interim President & Chief Executive Officer of the Company. Mr. Cates

RBC Capital Initiates Coverage On Denison Mines with Outperform Rating, Announces Price Target of C$6

RBC Capital analyst Andrew D. Wong initiates coverage on Denison Mines (TSX:DML) with a Outperform rating and announces Price Target of C$6.