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Best Uranium Stocks to Buy Now (2024)
Top uranium stocks in 2024 ranked by overall Due Diligence Score. See the best uranium stocks to buy now, according to analyst forecasts for the uranium industry.

Industry: Uranium
Overview
Due Diligence ScorePriceValuationFinancialsForecastEarnings & RevenueDividendsOwnershipTechnicals
Ticker
Company
Exchange
Industry
DD Score
Market Cap
Price
1d %
EBITDA
P/E
D/E
UROY
URANIUM ROYALTY CORP
NASDAQ
Uranium
$281.76M$2.32-4.13%$5.40M35.15x0.01
CCJ
CAMECO CORP
NYSE
Uranium
$23.53B$54.29-3.05%$614.46M87.71x0.63
LEU
CENTRUS ENERGY CORP
NYSEMKT
Uranium
$1.19B$72.42-2.84%$94.90M14.78x6.74
EU
ENCORE ENERGY CORP
NASDAQ
Uranium
$596.82M$3.22-4.17%-$38.79MN/A0.10
UUUU
ENERGY FUELS INC
NYSEMKT
Uranium
$1.17B$5.97-3.08%-$31.96M-27.14x0.06
URG
UR-ENERGY INC
NYSEMKT
Uranium
$444.20M$1.22-3.17%-$36.20M-9.38x0.32
NXE
NEXGEN ENERGY LTD
NYSE
Uranium
$4.24B$7.50-3.72%$116.25M34.56x0.39
DNN
DENISON MINES CORP
NYSEMKT
Uranium
$1.86B$2.08-3.26%-$15.27M-94.55x0.15
UEC
URANIUM ENERGY CORP
NYSEMKT
Uranium
$3.33B$7.88-3.67%-$53.04M-65.67x0.11
1

Uranium Stocks FAQ

What are the best uranium stocks to buy right now in Dec 2024?

According to Due Diligence Score, the 3 best uranium stocks to buy right now are:

1. Uranium Royalty (NASDAQ:UROY)


Uranium Royalty (NASDAQ:UROY) is the top uranium stock with a Due Diligence Score of 60, which is 23 points higher than the uranium industry average of 37. It passed 20 out of 33 due diligence checks and has strong fundamentals. Uranium Royalty has seen its stock lose -14.71% over the past year, underperforming other uranium stocks by -36 percentage points.

Uranium Royalty has an average 1 year price target of $5.60, an upside of 141.38% from Uranium Royalty's current stock price of $2.32.

Uranium Royalty stock has a consensus Strong Buy recommendation according to Wall Street analysts. Of the 2 analysts covering Uranium Royalty, 50% have issued a Strong Buy rating, 50% have issued a Buy, 0% have issued a hold, while 0% have issued a Sell rating, and 0% have issued a Strong Sell.

2. Cameco (NYSE:CCJ)


Cameco (NYSE:CCJ) is the second best uranium stock with a Due Diligence Score of 45, which is 8 points higher than the uranium industry average of 37. It passed 18 out of 38 due diligence checks and has strong fundamentals. Cameco has seen its stock return 18.93% over the past year, underperforming other uranium stocks by -3 percentage points.

Cameco has an average 1 year price target of $68.08, an upside of 25.4% from Cameco's current stock price of $54.29.

Cameco stock has a consensus Strong Buy recommendation according to Wall Street analysts. Of the 3 analysts covering Cameco, 66.67% have issued a Strong Buy rating, 33.33% have issued a Buy, 0% have issued a hold, while 0% have issued a Sell rating, and 0% have issued a Strong Sell.

3. Centrus Energy (NYSEMKT:LEU)


Centrus Energy (NYSEMKT:LEU) is the third best uranium stock with a Due Diligence Score of 44, which is 7 points higher than the uranium industry average of 37. It passed 14 out of 33 due diligence checks and has strong fundamentals. Centrus Energy has seen its stock return 37.03% over the past year, overperforming other uranium stocks by 15 percentage points.

Centrus Energy has an average 1 year price target of $92.00, an upside of 27.04% from Centrus Energy's current stock price of $72.42.

Centrus Energy stock has a consensus Buy recommendation according to Wall Street analysts. Of the 2 analysts covering Centrus Energy, 50% have issued a Strong Buy rating, 0% have issued a Buy, 50% have issued a hold, while 0% have issued a Sell rating, and 0% have issued a Strong Sell.

What are the uranium stocks with highest dividends?

Out of 1 uranium stocks that have issued dividends in the past year, the 1 uranium stocks with the highest dividend yields are:

1. Cameco (NYSE:CCJ)


Cameco (NYSE:CCJ) has an annual dividend yield of 0.29%, which is the same as the uranium industry average of 0.29%. Cameco's dividend payout is not stable, having dropped more than 10% two times in the last 10 years. Cameco's dividend has shown consistent growth over the last 10 years.

Cameco's dividend payout ratio of 14.2% indicates that its dividend yield is sustainable for the long-term.

Why are uranium stocks down?

Uranium stocks were down -3.06% in the last day, and down -9.09% over the last week.

We couldn't find a catalyst for why uranium stocks are down.

What are the most undervalued uranium stocks?

Based on WallStreetZen's Valuation Score, the 2 most undervalued uranium stocks right now are:

1. Uranium Royalty (NASDAQ:UROY)


Uranium Royalty (NASDAQ:UROY) is the most undervalued uranium stock based on WallStreetZen's Valuation Score. Uranium Royalty has a valuation score of 43, which is 26 points higher than the uranium industry average of 17. It passed 3 out of 7 valuation due diligence checks.

Uranium Royalty's stock has dropped -14.71% in the past year. It has underperformed other stocks in the uranium industry by -36 percentage points.

2. Centrus Energy (NYSEMKT:LEU)


Centrus Energy (NYSEMKT:LEU) is the second most undervalued uranium stock based on WallStreetZen's Valuation Score. Centrus Energy has a valuation score of 29, which is 12 points higher than the uranium industry average of 17. It passed 2 out of 7 valuation due diligence checks.

Centrus Energy's stock has gained 37.03% in the past year. It has overperformed other stocks in the uranium industry by 15 percentage points.

Are uranium stocks a good buy now?

62.5% of uranium stocks rated by analysts are a strong buy right now. On average, analysts expect uranium stocks to rise by 31.86% over the next year.

What is the average p/e ratio of the uranium industry?

The average P/E ratio of the uranium industry is 49.32x.
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