12 Best Uranium Stocks to Invest in According to Analysts

1. Ur-Energy Inc. (NYSE:URG)

Number of Hedge Fund Holders: 10

Average Upside Potential: 229.92% 

Ur-Energy Inc. (NYSE:URG) is a Colorado-based uranium mining company that explores, develops, and manages uranium sites across the United States. The company operates the Lost Creek uranium facility in Wyoming, which has already produced about 2.8 million pounds of uranium. It recently got approval to expand operations, which can raise production capacity up to 2.2 million pounds a year, though some final permits are still expected in 2025. URG is also proceeding with the Shirley Basin Project, which got approval in 2024 and is set to begin construction in 2025. Ur-Energy Inc. (NYSE:URG) ranks first on our list of the best uranium stocks to buy.

By the end of 2024, Ur-Energy Inc. (NYSE:URG) had $76.1 million in cash, up from $59.7 million the year before. The company raised nearly $100 million through financing, but spent most of it on operations and some on investments and restricted cash. In 2024, they sold 570,000 pounds of uranium but at a loss, selling it for $58.15 per pound while it cost them $64.34 to produce. That is a sharp contrast to 2023, when they made a healthy profit of nearly $31 per pound. Despite some financial struggles, the company has 21 drill rigs running at Lost Creek and brought two new well sites online in early 2025.

According to Insider Monkey’s fourth quarter database, 10 hedge funds held long positions in Ur-Energy Inc. (NYSE:URG), the same as the prior quarter. Azarias Capital Management held the leading stake in the company, with nearly 21 million shares valued at $24 million.

Overall, URG ranks first among the best uranium stocks to invest in according to analysts. While we acknowledge the potential of uranium stocks, our conviction lies in the belief that AI stocks hold greater promise for delivering higher returns, and doing so within a shorter time frame. There is an AI stock that went up since the beginning of 2025, while popular AI stocks lost around 25%. If you are looking for an AI stock that is more promising than URG but that trades at less than 5 times its earnings, check out our report about this cheapest AI stock.

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