Why Energy Fuels, Ur-Energy, Uranium Energy, and Denison Mines Stocks All Surged Today

Uranium mining stocks are hot Friday. As Financial Times reports today, the price of uranium yellowcake has soared to its highest level seen since 2014 as private investors bid against nuclear power companies for access to the fuel. Sprott in particular, reports Financial Times, has “snapped up” 6 million pounds of physical uranium, worth about $240 million, over the past couple of months, bringing its total holdings to about 24 million pounds.

Matt Earle

Matthew Earle is the Founder of MiningFeeds. In 2005, Matt founded MiningNerds.com to provide data and information to the mining investment community. This site was merged with Highgrade Review to form MiningFeeds. Matt has a B.Sc. degree with a minor in geology from the University of Toronto.

By Matt Earle

Matthew Earle is the Founder of MiningFeeds. In 2005, Matt founded MiningNerds.com to provide data and information to the mining investment community. This site was merged with Highgrade Review to form MiningFeeds. Matt has a B.Sc. degree with a minor in geology from the University of Toronto.

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