SOURCE: The Bedford Report

The Bedford Report

November 12, 2010 08:48 ET

Uranium Miners Surging -- Is There Room Left to Run?

The Bedford Report Provides Analyst Research on Global X Uranium ETF & Denison Mines

NEW YORK, NY--(Marketwire - November 12, 2010) - Uranium stocks have been surging as of late. Last month Uranium posted a 10% gain in just one week to around $52 per pound. According to the Global X Uranium ETF, which started trading earlier this month, uranium provides about 16% of the world's electricity. Uranium bulls believe that the radioactive element is a clean resource alternative for electric generation. One pound of uranium can generate as much energy as 20,000 pounds of coal, and leaves behind a fraction of the carbon footprint. The Bedford Report examines the emerging Uranium Industry and provides research reports on Global X Uranium ETF (NYSE Arca: URA) and Denison Mines Corporation (NYSE Amex: DNN). Access to the full company reports can be found at:

Uranium is a primary component in the production of nuclear energy. A massive demand increase in nuclear energy is expected in future years with the Nuclear Energy Agency estimating that the number of nuclear reactors to generate electricity around the world is expected to grow by over 130 percent over the next 40 years. At the moment China operates 11 reactors, and has 28 under construction; in the U.S., 104 are in operation.

One of the most popular ways to gain exposure to a blossoming industry is via ETFs. Earlier this month Global X Uranium ETF began trading and is the first ETF to track uranium miners.

The Bedford Report releases regular market updates on the blossoming uranium industry so investors can stay ahead of the crowd and make the best investment decisions to maximize their returns. Take a few minutes to register with us for free at and get exclusive access to our numerous analyst reports and industry newsletters.

With uranium prices surging, investors have turned their attention to the uranium miners. Investors in uranium miners are banking on rising earnings, as gold prices rise, to provide value. Last week Denison Mines posted a third-quarter loss of 3 cents a share, which is an improvement over the 27 cents it lost a year earlier.

The Bedford Report provides Analyst Research focused on equities that offer growth opportunities, value, and strong potential return. We strive to provide the most up-to-date market activities. We constantly create research reports and newsletters for our members. The Bedford Report has not been compensated by any of the above mentioned publicly traded companies. The Bedford Report is compensated by other third party organizations for advertising services. We act as an independent research portal and are aware that all investment entails inherent risks. Please view the full disclaimer at

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