Why Uranium Energy Stock Jumped 15% in March and Is Up Another 20% in April

Why Uranium Energy Stock Jumped 15% in March and Is Up Another 20% in April

Uranium prices are skyrocketing, and investors see Uranium Energy as a strong beneficiary.

What happened

Uranium Energy ( UEC -0.36% ) stock has been on a tear in recent months, and it seems unstoppable. The uranium stock jumped 15% in the month of March, according to data from S&P Global Market Intelligence , and is already up another 19.6% so far this month. Macro and company-specific news combined to drive the rally in the hot stock. So what

Uranium Energy stock has been rising alongside uranium prices, but the stock shot up earlier this week after the company filed a technical report summary with the U.S. Securities and Exchange Commission (SEC) on April 4. The filing is important for two reasons: It confirms that the assets Uranium Energy acquired as part of its acquisition of Uranium One in December are material to the company’s business and that the company […]

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