WallStreetZenWallStreetZen

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

Industry: Uranium
OverviewZen ScorePriceValuationFinancialsForecastEarnings & RevenueDividendsOwnership
Technicals
Ticker
Company
Country
Market Cap
Shares
Institutional %
Insider %
Net Insider (L12M)
Net Insider (L3M)
UUUU
ENERGY FUELS INC
United States
$876.74M163,570,07945.83%9.18%Net BuyingNet Selling
DNN
DENISON MINES CORP
Canada
$1.76B890,970,37136.76%0.00%
LEU
CENTRUS ENERGY CORP
United States
$640.98M15,675,63439.77%60.23%Net SellingNet Selling
UEC
URANIUM ENERGY CORP
United States
$2.69B404,140,40361.92%7.49%Net BuyingNet Selling
NXE
NEXGEN ENERGY LTD
Canada
$4.05B525,340,52540.90%0.00%
CCJ
CAMECO CORP
Canada
$21.31B433,382,87966.40%0.00%
URG
UR-ENERGY INC
United States
$459.05M281,626,32449.14%2.83%Net BuyingNet Buying
EU
ENCORE ENERGY CORP
United States
$724.94M165,133,79822.69%0.00%
UROY
URANIUM ROYALTY CORP
Canada
$256.81M113,131,1599.81%0.00%
FMST
FOREMOST LITHIUM RESOURCE & TECHNOLOGY LTD
Canada
$12.65M4,866,4170.12%0.00%
1

Uranium Stocks FAQ

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

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

1. Energy Fuels (NYSEMKT:UUUU)


Energy Fuels (NYSEMKT:UUUU) is the top uranium stock with a Zen Score of 54, which is 26 points higher than the uranium industry average of 28. It passed 17 out of 33 due diligence checks and has strong fundamentals. Energy Fuels has seen its stock return 4.89% over the past year, underperforming other uranium stocks by -65 percentage points.

Energy Fuels has an average 1 year price target of $9.75, an upside of 81.9% from Energy Fuels's current stock price of $5.36.

Energy Fuels stock has a consensus Strong Buy recommendation according to Wall Street analysts. Of the 2 analysts covering Energy Fuels, 100% have issued a Strong Buy rating, 0% have issued a Buy, 0% have issued a hold, while 0% have issued a Sell rating, and 0% have issued a Strong Sell.

2. Denison Mines (NYSEMKT:DNN)


Denison Mines (NYSEMKT:DNN) is the second best uranium stock with a Zen Score of 52, which is 24 points higher than the uranium industry average of 28. It passed 16 out of 33 due diligence checks and has strong fundamentals. Denison Mines has seen its stock return 91.26% over the past year, overperforming other uranium stocks by 21 percentage points.

3. Centrus Energy (NYSEMKT:LEU)


Centrus Energy (NYSEMKT:LEU) is the third best uranium stock with a Zen Score of 41, which is 13 points higher than the uranium industry average of 28. It passed 13 out of 33 due diligence checks and has strong fundamentals. Centrus Energy has seen its stock return 47.4% over the past year, underperforming other uranium stocks by -23 percentage points.

Centrus Energy has an average 1 year price target of $64.50, an upside of 57.74% from Centrus Energy's current stock price of $40.89.

Centrus Energy stock has a consensus Strong Buy recommendation according to Wall Street analysts. Of the 2 analysts covering Centrus Energy, 100% have issued a Strong Buy rating, 0% have issued a Buy, 0% 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 0.18%, which is the same as the uranium industry average of 0.18%. 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 14.2% indicates that its dividend yield is sustainable for the long-term.

Why are uranium stocks up?

Uranium stocks were up 0.34% in the last day, and up 0.81% 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 3 most undervalued uranium stocks right now are:

1. Denison Mines (NYSEMKT:DNN)


Denison Mines (NYSEMKT:DNN) is the most undervalued uranium stock based on WallStreetZen's Valuation Score. Denison Mines has a valuation score of 57, which is 36 points higher than the uranium industry average of 21. It passed 4 out of 7 valuation due diligence checks.

Denison Mines's stock has gained 91.26% in the past year. It has overperformed other stocks in the uranium industry by 21 percentage points.

2. Energy Fuels (NYSEMKT:UUUU)


Energy Fuels (NYSEMKT:UUUU) is the second most undervalued uranium stock based on WallStreetZen's Valuation Score. Energy Fuels has a valuation score of 57, which is 36 points higher than the uranium industry average of 21. It passed 4 out of 7 valuation due diligence checks.

Energy Fuels's stock has gained 4.89% in the past year. It has underperformed other stocks in the uranium industry by -65 percentage points.

3. Centrus Energy (NYSEMKT:LEU)


Centrus Energy (NYSEMKT:LEU) is the third most undervalued uranium stock based on WallStreetZen's Valuation Score. Centrus Energy has a valuation score of 43, which is 22 points higher than the uranium industry average of 21. It passed 3 out of 7 valuation due diligence checks.

Centrus Energy's stock has gained 47.4% in the past year. It has underperformed other stocks in the uranium industry by -23 percentage points.

Are uranium stocks a good buy now?

66.67% of uranium stocks rated by analysts are a strong buy right now. On average, analysts expect uranium stocks to rise by 41.55% 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 6.28x.
©2024 WallStreetZen
Company
AboutNewsBlogStock Investing FAQPlansPrivacy PolicyTerms of ServiceCancellation & RefundsHelp GuidesContactTwitterYouTubeNewsletter
Stock Tools
Top Performing AnalystsStock ScreenerStock ForecastTrending StocksStrong Buy StocksHighest Earnings StocksBest Dividend Paying StocksStatisticsStock Market SectorsStock Market IndustriesHow to Buy Stocks Online
Stock Ideas
Buy The DipBiggest Stock Gainers TodayBiggest Stock Losers Today52 Week High Stocks52 Week Low StocksMost Active Stocks TodayMost Undervalued StocksBest Penny Stocks to Buy NowBest Stocks Under $5Best Stocks Under $10
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.