How the ‘nuclear renaissance’ could send ASX uranium stocks like Paladin through the roof

a man sits on a rocket propelled office chair and flies high above a city Despite the past month’s sell-down, spurred by a retrace in uranium prices, ASX uranium stocks have broadly delivered some benchmark smashing longer-term returns.

Over the past 12 months the All Ordinaries Index (ASX: XAO) has gained a healthy 10.0%.

Here’s how these leading ASX uranium stocks have performed over that same time: Paladin Energy Ltd ( ASX: PDN )* shares are down 5.7%

Bannerman Energy Ltd ( ASX: BMN ) shares are up 121.4% Deep Yellow Limited ( ASX: DYL ) shares are up 94.0% Boss Energy Ltd ( ASX: BOE ) shares are up 29.5% Alligator Energy Ltd ( ASX: AGE ) shares are up 27.5% (*Paladin shares entered a trading halt today pending an announcement. Rumour has it this could be related to a possible capital raising to fund a new uranium acquisition.)And those […]

Click here to view original web page at www.fool.com.au

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.