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Best Uranium Stocks to Buy Now (2023)
Top uranium stocks in 2023 ranked by overall Zen Score. See the best uranium stocks to buy now, according to analyst forecasts for the uranium industry.

Industry: Uranium

Zen Score Price Valuation Financials Forecast Earnings & Revenue Dividends Ownership Technicals

Ticker	Company	Exchange	Industry	Market Cap	Price	1d %	EBITDA	P/E	D/E
UEC	URANIUM ENERGY CORP	NYSEMKT	Uranium	$1.08B	$2.88	1.41%	$22.18M	41.14x	0.17
LEU	CENTRUS ENERGY CORP	NYSEMKT	Uranium	$473.86M	$32.37	2.53%	$77.90M	9.33x	-10.52
DNN	DENISON MINES CORP	NYSEMKT	Uranium	$867.64M	$1.05	2.94%	$17.49M	70.00x	0.18
UUUU	ENERGY FUELS INC	NYSEMKT	Uranium	$854.79M	$5.42	4.03%	-$56.58M	-14.26x	0.12
CCJ	CAMECO CORP	NYSE	Uranium	$10.30B	$25.88	2.25%	$261.67M	156.85x	0.48
NXE	NEXGEN ENERGY LTD	NYSE	Uranium	$1.84B	$3.81	1.87%	-$39.92M	-42.81x	0.24
UROY	URANIUM ROYALTY CORP	NASDAQ	Uranium	$208.29M	$2.09	2.45%	-$5.07M	-36.03x	0.09
URG	UR-ENERGY INC	NYSEMKT	Uranium	$251.23M	$0.95	2.26%	-$13.66M	-11.86x	0.73
EU	ENCORE ENERGY CORP	NYSEMKT	Uranium	$233.51M	$2.17	0.00%	N/A	N/A	0.03

Uranium Stocks FAQ

What are the best uranium stocks to buy right now in Mar 2023?

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

1. Uranium Energy (NYSEMKT:UEC)

Uranium Energy (NYSEMKT:UEC) is the top uranium stock with a Zen Score of 41, which is 15 points higher than the uranium industry average of 26. It passed 13 out of 33 due diligence checks and has strong fundamentals. Uranium Energy has seen its stock lose -36.56% over the past year, underperforming other uranium stocks by -21 percentage points.

Uranium Energy has an average 1 year price target of $8.25, an upside of 186.46% from Uranium Energy's current stock price of $2.88.

Uranium Energy stock has a consensus Buy recommendation according to Wall Street analysts. Of the 1 analyst covering Uranium Energy, 0% have issued a Strong Buy rating, 100% have issued a Buy, 0% have issued a hold, while 0% have issued a Sell rating, and 0% have issued a Strong Sell.

2. Centrus Energy (NYSEMKT:LEU)

Centrus Energy (NYSEMKT:LEU) is the second best uranium stock with a Zen Score of 35, which is 9 points higher than the uranium industry average of 26. It passed 11 out of 33 due diligence checks and has average fundamentals. Centrus Energy has seen its stock lose -5.74% over the past year, overperforming other uranium stocks by 10 percentage points.

3. Denison Mines (NYSEMKT:DNN)

Denison Mines (NYSEMKT:DNN) is the third best uranium stock with a Zen Score of 29, which is 3 points higher than the uranium industry average of 26. It passed 9 out of 33 due diligence checks and has average fundamentals. Denison Mines has seen its stock lose -36.36% over the past year, underperforming other uranium stocks by -21 percentage points.

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 0.34%, which is the same as the uranium industry average of 0.34%. Cameco's dividend payout is not stable, having dropped more than 10% two times in the last 10 years. Cameco's dividend has not shown consistent growth over the last 10 years.

Cameco's dividend payout ratio of 53.8% indicates that its dividend yield is sustainable for the long-term.

Why are uranium stocks up?

Uranium stocks were up 2.39% in the last day, and up 1.22% over the last week.

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

What are the most undervalued uranium stocks?

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

1. Centrus Energy (NYSEMKT:LEU)

Centrus Energy (NYSEMKT:LEU) is the most undervalued uranium stock based on WallStreetZen's Valuation Score. Centrus Energy has a valuation score of 57, which is 41 points higher than the uranium industry average of 16. It passed 4 out of 7 valuation due diligence checks.

Centrus Energy's stock has dropped -5.74% in the past year. It has overperformed other stocks in the uranium industry by 10 percentage points.

2. Uranium Energy (NYSEMKT:UEC)

Uranium Energy (NYSEMKT:UEC) is the second most undervalued uranium stock based on WallStreetZen's Valuation Score. Uranium Energy has a valuation score of 29, which is 13 points higher than the uranium industry average of 16. It passed 2 out of 7 valuation due diligence checks.

Uranium Energy's stock has dropped -36.56% in the past year. It has underperformed other stocks in the uranium industry by -21 percentage points.

Are uranium stocks a good buy now?

100% of uranium stocks rated by analysts are a buy right now. On average, analysts expect uranium stocks to rise by 138.12% 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 100.81x.

WallStreetZen does not provide financial advice and does not issue recommendations or offers to buy stock or sell any security.

Information is provided 'as-is' and solely for informational purposes and is not advice. WallStreetZen does not bear any responsibility for any losses or damage that may occur as a result of reliance on this data.