There are signs of life in the uranium sector and one of the biggest beneficiaries is Alligator Energy (ASX: AGE), up 80% so far this month
MineLife
There are signs of life in the uranium sector and one of the biggest beneficiaries is Alligator Energy (ASX: AGE), up 80% so far this month. AGE is our favoured emerging uranium stock, as it maintains prime exploration acreage within the Alligator Rivers Uranium Province of the Northern Territory. Furthermore it has the highly successful Macallum Group (ex-Extract Resources) as its major shareholder. Interest in the stock is beginning to build as the company's 2014 exploration field campaign has kicked off, along with recent moves by Japan to recommence nuclear power generation, albeit initially on a modest scale. AGE's share price has responded strongly, rising by more than 80% since early July.
Gavin has been a senior resources analyst following the mining and energy sectors for the past 25 years, working with Intersuisse and Fat Prophets. He is also the Executive Director, Mining & Metals with Independent Investment Research (IIR).
Expertise
Gavin has been a senior resources analyst following the mining and energy sectors for the past 25 years, working with Intersuisse and Fat Prophets. He is also the Executive Director, Mining & Metals with Independent Investment Research (IIR).