Uranium Stocks List

Cameco's core uranium production comes from McArthur River/Key Lake and Cigar Lake in Saskatchewan, with additional interests in Inkai in Kazakhstan and fuel-services operations. Cameco sells largely under long-term utility contracts rather than into the spot market, which shapes its revenue visibility. Its 49% Westinghouse stake adds reactor technology and services exposure, so Cameco combines uranium mining with downstream nuclear-fuel and reactor-market participation.

Kazatomprom is Kazakhstan's national uranium company and the world's largest uranium producer by annual output. Its production is based on in-situ recovery (ISR) across a portfolio of joint ventures, including Inkai with Cameco, Semizbay-U and Ortalyk with CGN Mining, Uranium One-related ventures and Budenovskoye. The company said production from Budenovskoye was committed to Russia's civil nuclear sector through 2026. Its output is sensitive to operating conditions including sulfuric-acid availability, a recurring constraint on Kazakh ISR production. Its 2026 permitted-production ceiling was reduced by approximately 3,000 tU from the previous level. Common shares and GDRs trade on the Astana International Exchange (AIX), with the GDRs also listed on the London Stock Exchange.

NexGen Energy is developing the Rook I Project in Saskatchewan's Athabasca Basin, home to the Arrow deposit. The project's probable reserve estimate is approximately 239.6 million pounds of U₃O₈ grading 2.37%. The CNSC issued a Licence to Prepare Site and Construct on March 5, 2026, and NexGen identified the formal start of construction at site as August 14, 2026. The company describes a four-year construction path with first production targeted around 2030. The project has permitted annual production capacity of up to 30 million pounds, while the 2024 Interim Trend Update estimated pre-production capital of approximately C$2.2 billion. NexGen also controls the Patterson Corridor East discovery near Arrow and held approximately 27.8% of IsoEnergy as of June 30, 2026.

The Trust's portfolio is designed to hold substantially all of its assets in physical U₃O₈, according to Sprott. It does not own mines or development projects. Its returns are therefore driven primarily by uranium prices, changes in the trust's net asset value and the premium or discount at which its units trade. That makes it a different type of uranium exposure from producers, developers and explorers in this list.

UEC operates a hub-and-spoke ISR platform in the United States, centered on central processing plants such as Hobson and Irigaray. Its April 2026 update said Burke Hollow in South Texas had commenced production, adding a second active U.S. ISR platform alongside Christensen Ranch, while licensed capacity across its U.S. platform is about 12 million lb per year. Roughrider in Saskatchewan remains a separate development asset.

White Mesa is a permitted conventional uranium mill and the only operating conventional uranium mill in the United States, according to the company. Energy Fuels' uranium portfolio includes the Pinyon Plain mine and other U.S. resources, while the mill also processes vanadium and monazite-bearing feed for rare-earth products. The company is expanding its rare-earth separation and processing capabilities, so the stock combines uranium production and development exposure with a growing critical-minerals processing business. Actual uranium output depends on mine operations, feed availability and mill scheduling.

Paladin Energy is an ASX- and TSX-listed uranium producer that restarted the Langer Heinrich Mine in Namibia in March 2024 after approximately six years on care and maintenance. The 75%-owned operation completed its mining and processing ramp-up in FY2026 and produced 4.82 million pounds of U₃O₈ on a 100% basis during the year. In Canada, Paladin owns the Patterson Lake South Project and its Triple R deposit. The Saskatchewan environmental assessment was approved in February 2026, while the CNSC has determined that the construction-license application is sufficient to proceed through regulatory review. Paladin completed its acquisition of Fission Uranium in December 2024, adding PLS and a broader Athabasca Basin exploration portfolio alongside Michelin in Labrador.

Denison Mines is a Canadian uranium development company focused on the Athabasca Basin region of northern Saskatchewan. Its Wheeler River Project is a joint venture in which Denison holds 90% directly and a 95% effective interest after taking account of its 50%-owned JCU interest. Denison reached a Final Investment Decision for the Phoenix in-situ recovery uranium mine in February 2026, received the federal Licence to Prepare Site and Construct, and commenced full-scale construction on July 28, 2026. The February 2026 FID carried an initial capital estimate of approximately C$600 million and an approximately two-year construction schedule, with first production targeted for mid-2028. Denison also holds a 22.5% interest in the McClean Lake Joint Venture and direct interests in approximately 457,000 hectares of Athabasca Basin ground.

CGN Mining's uranium exposure is centered on equity interests in Kazakhstan projects operated with Kazatomprom, alongside a uranium trading business. The company is majority-controlled by China General Nuclear Power Corporation, linking the listed vehicle to a broader nuclear-energy group. It also owns a minority stake in Paladin Energy. The combination gives investors exposure to uranium production interests, trading and strategic holdings rather than a single stand-alone operating mine.

Yellow Cake owns physical uranium and has no mines or development projects. Its March 31, 2026 operating update reported a holding of 23.114 million lb U₃O₈ and net asset value of about $2.11 billion. A framework agreement with Kazatomprom provides a right, subject to conditions, to purchase uranium at spot prices up to an agreed annual limit. The investment case is therefore tied mainly to uranium price, inventory value, funding and the premium or discount to NAV.

Tumas is Deep Yellow's main development project in Namibia, with a mining license and a planned open-pit, calcrete-hosted operation. The company has deferred a final investment decision and is progressing engineering, early works and financing preparation while it assesses market conditions. Mulga Rock in Western Australia is a second development asset undergoing further technical work. The two-project portfolio gives Deep Yellow exposure to future uranium supply, but neither project is in production today.

IsoEnergy's flagship Hurricane deposit at Larocque East is in the Athabasca Basin, while its broader portfolio includes the Tony M mine and other projects in Utah, as well as the Wiluna project in Western Australia following its acquisition of Toro Energy. In 2026, the company continued drilling at Flatiron near Tony M and advanced a bulk-sample program at the past-producing mine to inform a potential restart decision. IsoEnergy remains a developer rather than a current producer.

Bannerman Energy is an ASX-listed uranium developer advancing the Etango-8 project in Namibia's Erongo region. The open-pit calcrete project is underpinned by a December 2022 definitive feasibility study targeting average production of about 3.5 million pounds of U₃O₈ per year over an initial 15-year mine life. Under the February 2026 joint-venture and financing arrangements, CNNC Overseas Limited will invest up to approximately US$321.5 million in the JV company holding the Etango interest. CNOL is to hold 45% of that JV company, Bannerman 55%, and CNOL is entitled to 60% of life-of-mine production under the agreed offtake structure. Early-works construction was underway in June 2026: bulk earthworks were approximately 92% complete, concrete construction had begun across key infrastructure and dry-plant design was about 94% complete.

Ur-Energy is a US- and Canadian-listed uranium producer operating the Lost Creek ISR facility in Wyoming while advancing its second site, Shirley Basin. Lost Creek began production in 2013 and remains the operating mine; Shirley Basin is construction-complete but requires final regulatory verification and approval before wellfield injection can begin. If approved, Shirley Basin would increase the company's constructed processing and wellfield capacity to approximately 3.2 million pounds per year. The company has eight long-term sales agreements covering approximately 5.75 million pounds through 2033, with fixed-escalated and market-linked pricing.

Uranium Royalty Corp is a uranium-focused royalty and streaming company providing exposure to uranium production and development without operating the underlying mines. Its portfolio includes royalties and streams across Canada, the United States, Australia and Africa, together with physical U₃O₈ holdings. At McArthur River, the company's gross-overriding royalty applies to the 9.063% share of production derived from Orano Canada's 30.195% interest, rather than to Cameco's direct operating interest. URC also holds interests connected with Cigar Lake, Waterbury Lake and other uranium assets.

Boss Energy is an ASX-listed uranium producer that restarted the Honeymoon ISR mine in South Australia in April 2024. In FY2025, Honeymoon produced 872,000 pounds of U₃O₈ at a reported C1 cash cost of approximately A$35/lb. Honeymoon produced 1.6 million pounds of U₃O₈ in FY2026. Boss also holds a 30% interest in the Alta Mesa ISR project in South Texas, operated by enCore Energy. A review of Honeymoon wellfield performance identified deviations from the 2021 Enhanced Feasibility Study assumptions, and Boss is advancing a New Feasibility Study covering the mine design and satellite-deposit options.

Atha Energy is a Canadian uranium explorer with approximately 6.8 million acres of mineral claims across the Athabasca Basin, Thelon Basin, Angilak and other Canadian districts. Its portfolio includes the 100%-owned Angilak Project and exploration land packages in Saskatchewan and Nunavut. Atha closed approximately C$63 million of financings in February 2026 and is using the proceeds to advance exploration programs, including drilling at Angilak. The company also holds a 10% carried interest in selected claims associated with NexGen Energy and IsoEnergy.

enCore operates an ISR-focused hub-and-spoke model in South Texas and has a 70% interest in Alta Mesa alongside Boss Energy. In its August 2026 results, enCore reported 131,274 lb of uranium extracted and 485,000 lb delivered during the six months ended June 30, 2026, with deliveries averaging $70.10 per lb. The company is working to build production from existing plants and permitted wellfields, so delivered volumes, extraction rates and cash costs remain central execution metrics.

Eagle Nuclear Energy is a Reno, Nevada-based uranium company whose sole mineral asset is the Aurora Uranium Project in Malheur County, Oregon, three miles from the Nevada border. It acquired the project on February 24, 2026 by exercising an option over Oregon Energy LLC, a subsidiary of ASX-listed Aurora Energy Metals, and listed on Nasdaq the following day via a business combination with Spring Valley Acquisition Corp. II. A 2025 S-K 1300 technical report summary estimates 32.75 million pounds of U₃O₈ indicated and 4.98 million pounds inferred at Aurora — one of the larger indicated uranium resources in the United States — in a flat-lying, near-surface deposit the company argues suits low-cost open-pit mining.

The project is at exploration stage with no mineral reserves: the resource rests on historic drilling from 1974–2022, no metallurgical test work has been completed, and the company's own disclosure puts the NRC milling license at roughly 45 to 54 months and the BLM mine plan of operations at 21 to 27 months. The 2025 technical report recommended a $3 million Phase 1 work program followed by a $7 million prefeasibility study, while Aurora Energy retains a 1% NSR and further milestone share payments. Eagle also holds an exclusive license to UNMRI's conceptual sodium-cooled SMR designs.

Global Atomic is a Canadian company developing the Dasa uranium project in Niger alongside a 49% interest in a zinc-recycling joint venture in Türkiye. Dasa is operated through an 80% Global Atomic / 20% Niger structure and is supported by a completed definitive feasibility study. Current project work includes underground development, site preparation, engineering and procurement for the processing plant, with mineralized development ore brought to surface. The timing of final financing, full plant construction and commercial production remains subject to political, regulatory and funding conditions in Niger. The zinc-recycling joint venture provides a separate industrial asset and historical source of cash flow, but it does not remove the development and country risks attached to Dasa.

Salamanca is a proposed open-pit uranium project in western Spain that remains in development rather than production. Berkeley's 2026 updates describe an ongoing permitting dispute and a two-phase ICSID arbitration against Spain; the company filed a claim seeking about US$1.25 billion, while Spain's objections and the merits phase remain unresolved. The project has a completed feasibility study, but national authorizations and the legal process are material conditions for any future construction or production.

Mega holds minority positions in uranium companies including NexGen Energy and IsoEnergy, alongside exploration and development assets such as the Maureen project in Australia. It is therefore better viewed as a uranium investment holding and optionality vehicle than as a current producer. The value and liquidity of its equity portfolio, financing needs and progress at its own projects can each affect the stock.

Muntanga is a large, near-surface sandstone-hosted uranium project in southeastern Zambia. Atomic Eagle's March 2026 feasibility study outlined a planned operation with a 12-year mine life and average production of about 2.2 million lb U₃O₈ per year, subject to the study's assumptions and future approvals. The project remains in development, with financing and permitting the next hurdles.

Samphire's Blackbush and Plumbush prospects are the center of Alligator's uranium strategy. In 2026, the company reported commissioning its field recovery trial, beginning uranium extraction work and commencing a bankable feasibility study. Recovery performance, permitting and the feasibility study will determine whether Samphire moves toward construction.

Westmoreland is Laramide's principal development asset in Queensland, Australia, while Churchrock-Crownpoint and La Jara Mesa provide U.S. uranium exposure in New Mexico. The company released an updated preliminary economic assessment for Westmoreland in July 2026 and continues to work through permitting and development studies.

Peninsula Energy is an ASX-listed uranium company with 100% ownership of the Lance ISR project in Wyoming's Powder River Basin. Lance historically operated with alkaline ISR chemistry; Peninsula has converted the project to a low-pH process and is assessing the process through its production restart. Production operations restarted in December 2024, and dried yellowcake production resumed in April 2026 after rectification work on the precipitation circuit. In July 2026, Peninsula withdrew its calendar-year 2026 production guidance, citing slower-than-expected ramp-up with reduced flow rates and gas production affecting hydraulic performance. The company continued to describe the low-pH process as technically viable.

Forsys Metals is a Canadian-listed developer holding the Norasa Uranium Project in Namibia, which combines the Valencia and Namibplaas deposits in the Erongo Region. Norasa is a conventional open-pit, mill-based project with a historic definitive feasibility study; current company work includes optimization, technical review and renewal of the Namibplaas exploration license. The project has remained in development for an extended period, with progress dependent on uranium-market conditions, financing and the completion of updated technical and permitting work. Norasa therefore represents an earlier-stage development project rather than a construction-ready mine.

Elevate Uranium is an ASX-listed uranium developer focused on projects in Namibia, with Koppies as its flagship asset. The company's U-pgrade™ process is designed to concentrate uranium-bearing ore by removing non-uranium gangue before leaching, with the intended effect of reducing acid and water requirements for lower-grade calcrete deposits. In 2026, Elevate reported that the Koppies resource base had increased to 76.2 million pounds of U₃O₈ and issued further updates on the U-pgrade pilot plant. The pilot work is intended to test the beneficiation process at continuous and scalable operating conditions before future feasibility and financing decisions.

Lotus Resources is an ASX-listed uranium developer restarting the Kayelekera mine in Malawi, a previously producing open-pit operation that was placed on care and maintenance in 2014. Lotus holds an 85% interest, with the Government of Malawi retaining the balance. Existing mine, processing and site infrastructure supports the brownfield restart, but the operation remains in ramp-up rather than steady-state production. Processing was temporarily suspended in June 2026 after disruption to third-party acid supply and a problem during acid-plant commissioning; acid production and uranium processing resumed in August 2026 after interim repairs.

Tiris is Aura's main uranium asset, a near-surface project in Mauritania with a reported 91.3 million lb U₃O₈ mineral resource and a study-case production rate of about 2 million lb per year. Aura's 2026 project updates have targeted a final investment decision in 2026 and continued feasibility and funding work. Funding, offtake and approvals are the remaining gates before construction.

Skyharbour Resources is an Athabasca Basin uranium project generator with the 100%-owned Moore Uranium Project as its flagship asset. The Maverick Zone at Moore has returned high-grade uranium intercepts, including 11.77% U₃O₈ over 1.6 meters in 2025. Russell Lake was reorganized into four joint ventures with Denison Mines: Russell Lake, Getty East, Wheeler North and Wheeler River Inliers. Skyharbour's initial interests are 80%, 70%, 51% and 30% respectively, with Denison able to earn additional interests in specified areas through exploration spending. Skyharbour remains operator of much of the project and uses partner-funded exploration to advance selected claims while retaining interests and royalties.

F3's JR Zone has an initial indicated resource, while the company is using drilling and geophysics to test the Tetra Zone and other targets across Patterson Lake North. In 2026, F3 reported step-out mineralization at Tetra and began a summer program after a 3D DCIP and resistivity survey. It remains an exploration company, so drill results and resource growth drive the story.

CanAlaska Uranium is a TSX-V-listed Athabasca Basin uranium explorer managing a portfolio of Saskatchewan projects. Its West McArthur Joint Venture with Cameco is the flagship asset, located near Cameco's McArthur River mine and focused on the Pike Zone and related conductive corridors. CanAlaska increased its West McArthur interest to approximately 88.86% by sole-funding exploration in 2025; Cameco holds approximately 11.14%, and the 2026 exploration program is being co-funded on a pro-rata basis. The Pike Zone was discovered in 2022 and remains an exploration target rather than a defined mineral resource. The company operates the joint venture and is advancing drilling and geophysical work across the broader land package.

Premier's Cebolleta project in New Mexico is moving through metallurgical testing intended to refine recovery assumptions and support a future update to its 2025 PEA. In Wyoming, the company is drilling at Kaycee and continuing work across the Cyclone ISR project. The portfolio remains pre-production.

Western Uranium & Vanadium is a CSE- and OTC-listed developer focused on hard-rock uranium and vanadium deposits in Colorado's historic Uravan Mineral Belt. Its Sunday Mine Complex is a conventional underground operation with historic uranium and vanadium production and a developed ore reservoir that the company is evaluating for renewed production. Western is advancing a license application for the Mustang Mineral Processing Plant at the former Pinon Ridge site; the facility is not yet fully permitted or built. The hard-rock mine and potential vanadium co-product provide a different operating model from the ISR-focused US producers, but current production and mill timing remain subject to permitting, financing and execution.

Geiger Energy Corporation, formerly Baselode Energy, is a Canadian Athabasca Basin uranium explorer following its merger with Forum Energy Metals and late-2025 rebrand. Its Hook Project in Saskatchewan hosts the ACKIO near-surface prospect, which extends more than 375 meters along strike and about 150 meters in width. The prospect contains at least nine uranium pods, with mineralization beginning at approximately 28 meters and continuing to about 300 meters depth. Geiger's 2026 work has included Hook drilling and a 10,000-meter summer program at the 100%-owned Aberdeen Project in Nunavut's Thelon Basin. The current exploration thesis is to test continuity, structural controls and additional uranium-bearing systems; the projects remain at exploration stage.