Mississauga, ON -- (SBWire) -- 04/07/2016 --AllPennyStocks.com Media, Inc. (http://www.AllPennyStocks.com/) announces its latest article titled "ALX Uranium Completes Ground Radon Survey at Lazy Edward Bay Property."
Companies mentioned in this article include Cameco Corporation (TSX:CCO), UEX Corporation (TSX:UEX) and ALX Uranium Corp. (TSX-Venture:AL).
Article Excerpt:
Uranium mining companies have struggled for the last five years as prices have fallen sharply post the Fukushima nuclear power plant accident in Japan in March 2011. The accident led to the shutting down of all nuclear reactors in Japan. Not surprisingly, this had a negative impact on the uranium market and uranium miners.
Cameco Corporation (TSX:CCO), one of the biggest uranium miners, has seen its share price drop almost 47% in the last five years. UEX Corporation (TSX:UEX), another Canadian uranium explorer and developer, has lost more than 80% of its value. However, market sentiment has been turning bullish on uranium miners. This is because of the improving outlook for the uranium market. Analysts believe that the uranium market, after years of being oversupplied, could turn into a deficit by as early as
2019.
Given that all of the uranium miners have seen their value erode over the last five years, they are now an attractive proposition given the long-term outlook for the market. One such miner is ALX Uranium Corp. (TSX-Venture:AL). Based in Vancouver, Canada, and formerly known as Lakeland Resources, ALX is engaged in the acquisition, exploration and development of uranium properties in the Athabasca Basin, Saskatchewan, Canada.
The full version of this article can be found at:
http://www.allpennystocks.com/aps_ca/special-reports/591/alx-uranium-completes-ground-radon-survey-at-lazy-edward-bay-property.htm
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All Penny Stocks.com News: ALX Uranium Completes Ground Radon Survey at Lazy Edward Bay Property