04:18:28 EDT Tue 30 Apr 2024
Enter Symbol
or Name
USA
CA



Denison Mines Corp
Symbol DML
Shares Issued 890,996,371
Close 2024-03-19 C$ 2.51
Market Cap C$ 2,236,400,891
Recent Sedar Documents

Globe says Horizons Global Uranium outlook is bright

2024-03-20 07:33 ET - In the News

See In the News (C-HURA) Horizons Global Uranium Index ETF

The Globe and Mail reports in its Wednesday, March 20, edition that nuclear power is solidifying its place as a linchpin of the global clean energy transition. The Globe's guest columnists Atakan Bakiskan and Dylan Smith write that Canada has significant uranium reserves, a favorable pro-nuclear policy stance and a thriving domestic nuclear power industry, which position it well to take advantage of the growing trend of nuclear energy. As a result, investment instruments such as the Horizons Global Uranium Index ETF, which includes the major uranium producers listed on the Toronto Stock Exchange, can be a smart way to gain exposure to this long-term theme. Canada's uranium companies are looking attractive, as they are set to benefit the most as the demand for uranium outpaces supply in the medium term. Nuclear technology developers and operators in the country will also emerge as winners as domestic investments in nuclear capacity and global demand for reactors pick up. The International Energy Agency estimates that electricity consumption is on pace to rise 150 per cent by 2050 under the net-zero-emission scenario. The guest columnists say the current shortage in uranium supply works in favour of Canada.

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