Encore Energy $EU - Getting close to blue sky breakoutIf/when the bill to ban Russian uranium is passed (HR1042), there will be a premium for American uranium producers. Encore is the stud among a limited group of peers.
Any weakness is a very good buy in my opinion.
Encore is my overall favorite single name for the uranium bull market from a risk/reward perspective. Near term producer that will be a cash flowing machine once operations are fully ramped up.
Time horizon is 1 year minimum. Price target is $20+.
I am very passionate about the current uranium bull market, feel free to ask me any questions.
Cheers!