Why Ur-Energy and Energy Fuels Stocks Popped 11% Today

Uranium stocks Energy Fuels (NYSEMKT: UUUU) and Ur-Energy (NYSEMKT: URG) popped on Tuesday, extending the broader rally in uranium stocks from yesterday. Energy Fuels and Ur-Energy popped 11% each by 2 p.m. EDT before closing the day up around 3% each. If you look carefully at their price performances in recent weeks, these stocks have been among the laggards in the industry, presenting traders and investors with a good opportunity to bet on them even as uranium prices continue to rally.

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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