The Deep Yellow Ltd ( ASX: DYL ) share price has been deep in the green recently, up 37% in August alone.
But it wasn’t the only ASX uranium share enjoying significant support.
Paladin Energy Ltd ( ASX: PDN ) shares went up 15%, and Boss Energy Ltd ( ASX: BOE ) shares rose 19% over the month.
So, what’s going on here?Well, according to fund provider BetaShares, there are six trends driving ASX uranium shares higher.Let’s review. 6 trends driving ASX uranium shares higher Uranium contracting at a decade-high There was higher demand for long-term uranium supply contracts in the first half of 2023. BetaShares says the world’s largest public uranium company Cameco Corp ( NYSE: CCJ ) reckons 2023 will be the biggest year of contracting in more than a decade, based on the current run-rate. Potential disruptions to supply As we all know, not many Western nations […]
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