Get 40% Off
🚨 Volatile Markets? Find Hidden Gems for Serious OutperformanceFind Stocks Now

Is a Uranium New Bull Market Ready to Takeoff?

Published 12/10/2021, 05:00 PM
Updated 12/10/2021, 05:30 PM
© Reuters.  Is a Uranium New Bull Market Ready to Takeoff?

Uranium Energy Corp . (NYSE:UEC) is up 97% in 2021 due to a strong rally in uranium prices. Will this bullish momentum continue in 2022. As uranium has rallied by over 50% in the past 5 months, uranium and uranium mining equities and ETFs have enjoyed a growing amount of interest from investors. Is this a real bull market? If so, what are some ways to play it? And how high might prices go?

See the latest web story from StockNews.com, which addresses these items with just the charts and data that investors need to consider to make an informed decision: Is a Uranium New Bull Market Ready to Takeoff?

UEC shares rose $0.03 (+0.86%) in after-hours trading Friday. Year-to-date, UEC has gained 97.16%, versus a 27.14% rise in the benchmark S&P 500 index during the same period.

Continue reading on StockNews

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.