Uranium Stocks: 5 Biggest Companies in 2024
Uranium stocks have been supported by a variety of catalysts this year, including geopolitical tensions, the energy transition and national security concerns.
The market is benefiting from more countries committing to building and expanding their nuclear energy supply. Investors are also recognizing the value in the reliable, clean electricity that uranium can produce.
Positive market fundamentals pushed the spot uranium price to 16 year highs in January, when values rose to US$106 per pound. However, the level proved unsustainable as prices have since contracted and remain range bound between US$79 to US$86 per pound since June.
Despite slipping from its January highs, the uranium market has been supported by news that production out of…
