These ASX uranium shares are surging this year. Here’s why

These ASX uranium shares are surging this year. Here’s why

Specialised ASX uranium shares are having a bumper start to 2021. For example, Paladin Energy Ltd (ASX: PDN) , Boss Energy Ltd (ASX: BOE) , and Deep Yellow Limited (ASX: DYL) are currently trading around 93%, 79%, and 57% higher, respectively, since the first trading day of the year. The only exception is Energy Resources of Australia Ltd (ASX: ERA) , an ASX-listed company 68% owned by Rio Tinto Limited (ASX: RIO) . This company shut down its only uranium operation , the Ranger Uranium Mine, in January this year. Subsequently, its share price has decreased by around 35% in 2021.

So, why are shareholders of operating ASX uranium miners seeing an incredible return on investment (ROI) in 2021? Let’s take a look. Uranium and green energy

Nuclear power is a zero-emissions generator. According to the website Trading Economics, it’s being increasingly considered by governments such as the United […]

About the author: StockMan
Tell us something about yourself.
Posting Guidelines
  • 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!


No comments yet