11:05 AM EST, 12/17/2024 (MT Newswires) -- National Bank of Canada on Monday provided its top picks for the uranium and lithium sectors.
The bank said Denison Mines ( DNN ) remains its top uranium pick as it expects another strong year for the share price performance from its uranium coverage.
National Bank said the sector is supported by uranium prices, geopolitical tensions and the involvement of large cap technology companies.
Meanwhile, the bank recommended Lithium Royalty ( LITRF ) , Lithium Americas ( LAC ) and Patriot Battery Metals ( PMETF ) to countercyclical investors looking for exposure to the lithium sector.
The bank said these stocks present positive idiosyncratic catalysts that could help shares re-rate.
Price: 2.86, Change: -0.07, Percent Change: -2.23