3 things to love about ASX uranium shares right now

A miner stands in front oh an excavator at a mine site One of the biggest trends in our share market in 2023 was the rise of ASX uranium shares . Thanks to a number of factors, mostly a rocketing uranium price, uranium shares had a cracking year last year.

Take popular uranium stock Paladin Energy Ltd ( ASX: PDN ). Paladin shares spent the first half of last year essentially going nowhere. But between June and September, the company rocketed by more than 100%.

That trend continued into 2024, with Paladin shares gaining another 42.5% between 1 January and 7 February.

The gains were even more pronounced with the Boss Energy Ltd ( ASX: BOE ) share price. The period from March 2023 to February 2024 has seen the Boss Energy share price rise more than 200%.But given the scope of these delightful share price rises, some investors might be thinking […]

About the author: StockMan

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