Can You Invest in Uranium? 3 Stocks to Consider

Can You Invest in Uranium? 3 Stocks to Consider

Uranium stocks are likely to stay in the limelight as the U.S. looks to decrease reliance on Russian suppliers.

Cameco Corporation ( CCJ ): This uranium producer is keeping some of its mines idle, betting on higher uranium prices in the future.

Global X Uranium ETF ( URA ): This thematic fund provides exposure to global companies involved in uranium exploration and mining.

Uranium Energy ( UEC ): The acquisition of Uranium One offers access to Irigaray, a large uranium processing facility that has become a central hub for satellite uranium mining projects in Wyoming. Source: RHJPhtotos / ShutterstockUranium stocks have been flaming hot since Russia invaded Ukraine in late February. Rising fossil fuel costs have prompted several countries, including the U.S., to look at nuclear energy more closely.Recent metrics suggest “At the end of 2021, there were 93 operating reactors with a combined generation capacity of about 95,492 […]

About the author: StockMan

Please remember:

The information provided here is for general knowledge and educational purposes only.
It is not intended to be a substitute for professional financial advice.
Every individual's financial situation is unique, and what works for one person may not work for another.
Before making any investment or financial decisions, you should always consult with a qualified financial advisor who understands your specific circumstances and goals.

Any information posted on the website has been prepared without taking into account your objectives, financial situation or needs and as such, should never be acted upon. Please be aware that any information posted on this site should not be considered to be financial advice and i am not a financial advisor.

Posting Guidelines
Do
  • Do contribute something to the discussion
  • Do post factual information, analysis and your view on company valuations
  • Do disclose if you have an interest in a security
  • Do take our Terms of Use seriously
Do Not
  • Do not make low-content posts, unsubstantiated ramps or untruthful/misleading statements
  • Do not complain about a post unless you have reported it first, and not on the forum.
  • Do not post financial advice
  • Do not advertise or post sponsored content

Get involved!

Get Connected!

Come and join our community. Expand your network and get to know new people!

Comments

No comments yet