SOURCE: The Bedford Report

The Bedford Report

November 26, 2010 08:46 ET

Will Canadian-Based Uranium Stocks Keep Surging?

The Bedford Report Provides Analyst Research on Uranium One & Dennison Mines

NEW YORK, NY--(Marketwire - November 26, 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 was starter 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 Uranium One, Inc. (TSX: UUU) and Denison Mines Corporation (TSX: DML). 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.

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 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 uranium prices rise, to provide value. Earlier this month Dennison Mines posted a third-quarter loss of 3 cents a share, which is an improvement over the 27 cents it lost a year earlier.

Shares of Canadian-based Uranium One surged nearly 10% yesterday after the company announced that it had received approval from the US Nuclear Regulatory Commission to proceed with its deal to sell a controlling stake in itself to a Russian state-owned miner.

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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