This Day On The Street
Continue to site right-arrow
ADVERTISEMENT
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here
Cramer's Action Alerts PLUS - See his portfolio and get alerts BEFORE every trade. Learn more NOW!

7 Mining Stocks With Upside

NEW YORK ( TheStreet) -- Capital Gold (CGC), Uranerz Energy (URZ), Richmont Mines (RIC - Get Report), Ur-Energy (URG), Brigus Gold (BRD), Uranium Resources (URRE) and Golden Minerals (AUMN - Get Report) are seven mining stocks with potential upside of 10%-220%. Being analysts' favorites, most of these stocks have no sell ratings.

As these companies are uranium and gold miners, a peek into the fundamentals of the underlying metals is warranted. Uranium demand is currently outstripping supply in the U.S. During 2010, uranium demand from U.S. utilities was approximately 57 million pounds while production stood at 4.2 million pounds, according to the U.S. Energy Information Administration. However, secondary supply from Russia circumvents this supply shortfall.

Moreover, the long-term market fundamentals and uranium price outlook remain robust, given the growing emphasis on clean energy and fuel demand from nuclear reactors for electricity generation in developing countries such as China, India and South Korea.

The total new builds (under construction, planned and proposed) of nuclear reactors have grown from 250 as of Jan. 2007 to 544 as of March 2011, according to the World Nuclear Association (WNA). This increase will act as a demand driver for uranium as nuclear fuel.

Gold, on the other hand, has gained 30% during the past one year, primarily attributable to fears of a double-dip recession, Europe's debt crisis and growing demand India and China. This safe-haven buying may extend as tension mounts in Libya and the Middle East.

1 of 8

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Try it NOW
Only $9.95
Try it NOW
14-Days Free
Try it NOW

Check Out Our Best Services for Investors

Dividend Stock Advisor

David Peltier identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Updates with exact steps to take - BUY, HOLD, SELL
Trifecta Stocks

Every recommendation goes through 3 layers of intense scrutiny—quantitative, fundamental and technical analysis—to maximize profit potential and minimize risk.

Product Features:
  • Model Portfolio
  • Intra Day Trade alerts
  • Access to Quant Ratings
Options Profits

Our options trading pros provide over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • Actionable options commentary and news
  • Real-time trading community
Try it NOW
Try it NOW
Try it NOW
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!
SYM TRADE IT LAST %CHG
BRD $0.00 0.00%
AUMN $0.47 0.73%
RIC $3.09 -5.20%
URZ $1.14 -5.00%
URG $1.02 -2.90%

Markets

DOW 17,856.85 -278.87 -1.54%
S&P 500 2,069.53 -31.51 -1.50%
NASDAQ 4,922.7960 -60.0130 -1.20%

Partners Compare Online Brokers

Free Reports

Free Newsletters from TheStreet

My Subscriptions:

After the Bell

Before the Bell

Booyah! Newsletter

Midday Bell

TheStreet Top 10 Stories

Winners & Losers

Register for Newsletters
Top Rated Stocks Top Rated Funds Top Rated ETFs