Uranium Stock Pages
Uranium is in the 7th year of bull market. Prices haven risen from $8/lb to $135 in just a few years. Many uranium stocks made 1,000s of percent. What to do now? Sell or add more? Use our services to find the answers to these questions.
Contents:
RSG Uranium Index
The RSG Uranium Index includes of 28 uranium companies. Each company has established NI 43-101 compliant or historic resources.
The index consists of a combination of production, development and exploration stage companies.
Only 100Mlb of U3O8 is produced in the world annually, while about 200Mlb is consumed. The supply/demand disbalance
is covered by dwindling military stockpiles. This highlights the importance of the RSG Uranium Index in which all companies
own over 2,900 Mlb in uranium resources.
Why are there 28 uranium companies in the index?
While RSG tracks over 150 uranium stocks, the 28 handpicked stocks
represent the best quality, value and growth potential. All have established resources, are highly liquid and trade on the U.S. and/or
Canadian stock exchanges. The Uranium Index is not static. Certain companies graduate from the index by being acquired.
This was recently the case with UrAsia when it merged with Uranium One. We are also always on the lookout to add new
prospective companies to the index from the list below.
Brief information on all 28 stocks can be found in the
Free Comparison Tables.
In depth information with proprietory valuation metrics we provide to our subscribers in
Premium Services.
Finally, the
RSG Newsletter
gives our take on the
uranium/gold/silver stocks and highlights our best picks with entry and exit points.
What does it mean if a company is included in the RSG Uranium Index?
We believe that companies in the index
are less risky than those that are not included (Resource Stock Guide does not cover big cap companies such as Cameco,
Areva and others)
Why is the RSG Uranium Index important to you?
The index helps investors determine the performance of highest quality
uranium stocks. It also aids with understanding of valuation averages for the uranium stocks as a group. The index's unique
characteristic is that it allows to perform technical analysis of a group as a whole.
What are the advantages of the RSG Uranium Index?
All stocks in the index have established resources. This
eliminates a significant amount of risk associated with resource exploration. Many companies declare themselves to be uranium
companies when they really only have land claims in or around areas where uranium was found some time in the past. Most
will never mine uranium but rather attempt to mine the stock market. Such risks are minimized in the RSG Uranium Index
companies.
Graduates or near-Graduates from the RSG Uranium Index:
The merger and acquisition wave in the uranium sector has helped us make a lot of money, but is unfortunately reducing the
number of quality uranium stocks available for investment.
In February, UrAsia Energy gets acquired by Uranium One (SXR.TO) for $3.1B. Based on the acquisition price, UrAsia’s U3O8
resources are valued at about $11/lb or around 13% of the uranium price at the time.
In June, Energy Metals (EMU) is acquired by Uranium One for $1.5B. The deal values EMU’s uranium resources at $7/lb, or just
5% of the uranium price. EMU has a large number of small projects/deposits, which explains a lower takeover price per pound.
Also in June, UraMin Inc. (UMN.TO) entered into a $2.5B friendly cash deal with Areva, placing a value $13/lb for its resources, or
about 10% of the uranium price
RSG Uranium Index Components
|
Uranium
In Million Pounds |
Weight in
the Index |
 |
| Uranium One |
538.2 |
20.0% |
| Paladin |
250.1 |
15.1% |
| Denison |
280.3 |
9.8% |
| UraMin |
189.4 |
9.3% |
| First Uranium |
286.5 |
5.9% |
| UEX Corp. |
24.2 |
5.5% |
| Energy Metals |
220.4 |
< 5% |
| Aurora |
97.1 |
< 5% |
| Mega Uranium |
76.3 |
< 5% |
| Fronteer |
45.9 |
< 5% |
| Uranium Res |
91.8 |
< 5% |
| Laramide |
68.8 |
< 5% |
| Forsys |
49.9 |
< 5% |
| Tournigan |
76.3 |
< 5% |
| Ur-Energy |
111.3 |
< 5% |
| Strathmore |
160.9 |
< 5% |
| West. Prospector |
55.7 |
< 5% |
| Khan |
38.4 |
< 5% |
| Uranerz |
18.2 |
< 5% |
| Uranium Energy |
24.1 |
< 5% |
| Energy Fuels |
1.4 |
< 5% |
| Powertech |
17.3 |
< 5% |
| Continental |
97.2 |
< 5% |
| Pitchstone |
4.1 |
< 5% |
| Mawson |
21.6 |
< 5% |
| Pele Mountain |
33 |
< 5% |
| Triex |
4.1 |
< 5% |
| MAX Resource |
6 |
< 5% |
Uranium Stock Classification
The majority of uranium production is concentrated in the hands a few major corporations: Cameco and Rio Tinto Group are the top two producing companies (with 20% of the production each), followed by Areva (12%), BHP Billiton (9%) and Kazatomprom (9%). There is not a lot of upside left in these companies, and RSG does not cover them.
Smaller producers such as Denison Mines and Uranium One are included in the RSG Uranium Index and are classified as Mid-Tier Producers. Junior Producers that only produce a very small amount of metal are a rarity and none have been included in the index. We expect some junior producers to emerge in the coming years. Companies in the development stage or advanced exploration are grouped into an Exploration II category. These companies often have the best risk/reward ratios. Finally, Exploration I companies own even less advanced properties than Exploration II, are riskier, but may hold a greater reward potential. See Help to better understand company classifications.
How to Compare and Value Uranium Stocks
There are a number of ways to compare uranium stocks. A good way to start is to look at total uranium resources in the RSG Comparison Tables. In a Basic Table View, you will find total uranium resources in each category (P&P, M&I and Inferred).
Enterprise Value per Unit (EVPU) measures how much an investor is paying for each unrecovered pound of uranium by purchasing a stock. This is a simple but not a very advanced valuation measure. A better valuation metric is our own Adjusted Speculative Potential (ASP), available in Premium Comparison Tables.
Subscribers can use RSG charts (See snapshot below or go to
Demo)
to compare one uranium company to another and
determine relative valuation levels.
Visual Profiles
allow users to do a more in-depth research, while the
Milestone Calendar
helps investors and traders anticipate stock moving news before the market reacts.
All Uranium Companies
