Why Uranium Royalty, Uranium Energy, and Ur-Energy Stocks Are SkyrocketingToday

Why Uranium Royalty, Uranium Energy, and Ur-Energy Stocks Are SkyrocketingToday

What happened

Uranium stocks are absolutely crushing the market today, extending their gains from last week. Here’s how the top-performing uranium stocks were faring as of noon today:

Interest in uranium stocks is so high right now that Cameco ( NYSE:CCJ ) has surpassed AMC Entertainment Holdings and GameStop today to become the most discussed stock on Reddit’s WallStreetBets forum. Cameco is among the world’s largest uranium producers and the largest uranium stock in the U.S. with a market capitalization of $10 billion as of this writing. Its stock was up 3% as of noon today after jumping nearly 9% earlier in the day. So what

The story for commodity stocks often boils down to commodity prices. For uranium stocks, the story building up is a pretty strong one, what with uranium prices skyrocketing to multiyear highs.Rick Rule, the CEO of the world’s largest uranium fund, believes this could be […]

About the author: StockMan
Any information posted on the website has been prepared without taking into account your objectives, financial situation or needs and as such, you should before acting on the information or advice, consider the appropriateness of the information or advice in relation to your objectives, financial situation or needs. Please be aware that any information posted on this site should not be considered to be financial product advice.
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