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PALM BEACH, Fla., July 6, 2022 /PRNewswire/ -- Canada has been a layer in the uranium mining industry and will be for well into the future. Industry insiders say that they are "Very Bullish" on the Canadian uranium market. A report in Market Screener said that: "The uranium sector has been building steam in recent years, leaving investors eager for returns. At the Prospectors & Developers Association of Canada (PDAC) convention, Gwen Preston of Resource Maven described the market as "very bullish," saying that diverse factors have contributed to uranium's turnaround. Those include deliberate output cuts from producers and supply disruptions related to the COVID-19 pandemic. The market was already undersupplied. Now the critical step for turning the commodity into fuel has had a huge weight put on it, and supply that's connected to a major producer is tainted, if you want to call it that," Preston explained during the conversation. "The setup is really insane."Uranium's long bear market has left market participants with relatively few companies to choose from, but there are still ways to hone in on best-of-breed stocks. Preston said she expects discoveries to be "spectacularly rewarded," but noted that with explorers it's important to look for companies with good geologists. Active mining companies in the markets this week include Traction Uranium Corp. (OTCQB: TRCTF) (CSE: TRAC), FISSION URANIUM CORP. (OTCQX: FCUUF) (TSX: FCU), Energy Fuels Inc. (NYSE American: UUUU) (TSX: EFR), Uranium Energy Corp (NYSE: UEC), Denison Mines Corp (NYSE American: DNN) (TSX: DML).