Uranium prices on the rise

Uranium prices on the rise

Uranium stocks have been some of the top growth stocks over the last few years. However, it’s been a different case in 2022. Since January, uranium stocks across the board have been falling — including some of the biggest ones.

But that does offer investors a chance to get in on uranium stocks while they trade at ultra-low prices — prices so low, they could easily double in 2022 alone. And of all of them, NexGen Energy (TSX:NXE) (NYSE:NXE) looks like the best choice.

Part of the reason NexGen stock has become a strong play is due to the rise in uranium prices. Uranium looks to be the energy source of choice while the world transitions over to renewable energy. Nuclear reactors are already located around the world, with more being built all the time. This makes uranium stocks a prime play for future returns.

Furthermore, the ongoing crisis in Ukraine and […]

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 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