Summary
- Uranium market headed towards a supply deficit favors companies bringing on production now.
- Multi-year low stock price provides opportunity for Uranerz Energy.
- Recent production start offers multi-year growth phase.
Uranerz Energy Corporation (URZ)
makes for an interesting play with uranium prices trading at near
decade lows and the company recently starting up initial production. The
combination doesn't appear ideal, but some under the surface catalysts
suggest a company hitting full stride by 2016 an optimal scenario. The
re-start of nuclear operations in Japan provides one of those catalysts
for the industry, but many headwinds exist in the short-term that the
industry must overcome.
Read the
full article at Seeking Alpha.
Disclosure: No positions mentioned. Please review the disclaimer page for more details.
Comments