L1 Capital, an investment management firm, released its “L1 Long Short Fund” first quarter 2024 investor letter, a copy of the same can be downloaded here. As U.S. economic data continued to surprise to the upside in comparison to market expectations, equity markets saw a gain throughout the March quarter. The portfolio returned 7.4% for the […]

After hitting a 12-year low in late 2016 uranium spot market prices have more than tripled from $30 a pound in January 2021 to a recent peak of over $100 a pound, their highest level in 16 years. Although they pulled back to $95 a pound the market is still ripe for additional gains. A combination of factors contribute to the rise. Energy demand is increasing globally and nations are exploring all possible sources to meet it. Especially after the Nord Stream 2 gas pipeline was sabotaged, nuclear

With the price of oil creeping over $80 a barrel, investors thinking about investing in energy stocks are looking at the oil and gas sectors. This comes after a year in which all energy stocks were weighed down by high interest rates and concerns about a recession that never materialized. But you don’t have to be a contrarian to consider some of Wall Street’s favorite renewable energy stocks. In 2023, renewable energy stocks had a rough year. The momentum in the solar sector has stalled. The inf

Finding strong buy stocks under-$20 takes a little effort, but it’s well worth it. Many of the stocks at this price level are small-cap stocks. But you’ll also find mid-cap and large-cap stocks. One of the key benefits for finding stocks under $20 is that they are affordable to a wider range of investors. But this is where you have to remember that there’s a difference between price and value. Sometimes stocks are priced below $20 because they’re tapped out on growth. But when you can find stron

NexGen Energy Ltd. (NYSE:NXE) Q4 2023 Earnings Call Transcript March 11, 2024 NexGen Energy Ltd. isn’t one of the 30 most popular stocks among hedge funds at the end of the third quarter (see the details here). Operator: Good morning, ladies and gentlemen, and welcome to the NexGen Energy Year-End and Q4 2023 Conference Call. […]

NexGen Energy Ltd. ("NexGen" or the "Company") (TSX: NXE) (NYSE: NXE) (ASX: NXG) is pleased to announce the discovery of new intense uranium mineralization on its 100% owned SW2 Property, 3.5 kilometers (km) east of NexGen's world-class Arrow Deposit (Figure 1). The new mineralized occurrence in RK-24-183 is located on a previously untested conductor segment of Patterson Corridor East ("PCE"). Localized uranium mineralization was intersected for 19.8 meters (m) between 347.7 and 367.5 m, with pe

NexGen Energy Ltd. ("NexGen" or the "Company") (TSX: NXE) (NYSE: NXE) (ASX: NXG) is pleased to announce the Company will host its year-end and fourth quarter conference call on Monday, March 11, 2024, at 8:30 am Eastern Standard Time.

Thanks to supply-demand issues, uranium prices are at 16-year highs. And they’re not likely to come down any time soon, creating an opportunity for beaten-down uranium stocks. To start, one of the world’s biggest producers of uranium, Kazatomprom just said, “It will produce only 80% of its permitted maximum uranium output allowed under Kazakh subsoil usage contracts, instead of the previously announced 90% level,” as noted by S&PGlobal.com. “The company had warned in a Jan. 12 statement about th

Canada's main stock index climbed to a near two-year high on Friday, led by gains for resource and technology shares, as investors grew more optimistic about prospects for Federal Reserve interest rate cuts over the coming months. The Toronto Stock Exchange's S&P/TSX composite index ended up 188.74 points, or 0.9%, at 21,552.35, its highest closing level since April 2022. "We are back on that roller coaster ride of interest rate expectations driving the market," said Philip Petursson, chief in...

Yahoo Finance Live previews the top stories investors should pay attention to for Friday, March 1, including commentary from various Federal Reserve officials, earnings from fuboTV (FUBO) and Plug Power (PLUG), and data on January's construction spending estimates. For more expert insight and the latest market action, click here to watch this full episode of Yahoo Finance Live. Editor's note: This article was written by Luke Carberry Mogan.