Latest news with #SprottTrust
Yahoo
2 days ago
- Business
- Yahoo
Ur‑Energy (URG) Gains Amid Bullish Outlook on Uranium
The share price of Ur‑Energy Inc. (NYSEAMERICAN:URG) surged by 17.71% between June 11 and June 18, 2025, putting it among the Energy Stocks that Gained the Most This Week. Aerial view of the vast landscape of Great Divide Basin, Wyoming. Ur‑Energy Inc. (NYSEAMERICAN:URG) is engaged in uranium mining, recovery, and processing activities, including the acquisition, exploration, development, and operation of uranium mineral properties in the United States. Ur‑Energy Inc. (NYSEAMERICAN:URG) received a massive boost following a more than 7% surge in the global price of uranium over the last week. The surge comes as a result of an announcement by the Sprott Physical Uranium Trust that it would acquire around $200 million worth of the nuclear fuel in its physical form, twice the amount it initially signaled in its agreement with Canaccord Genuity. The stock has also benefited from an upcoming nuclear renaissance in the United States, following an executive order by President Trump to support domestic uranium mining and enrichment capacity, cut regulations, and accelerate licenses for reactors. Following the recent rally, the share price of Ur‑Energy Inc. (NYSEAMERICAN:URG) has jumped by more than 61% over the last month. While we acknowledge the potential of URG as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock. READ NEXT: 10 Best Nuclear Energy Stocks to Buy Right Now and Disclosure: None. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
2 days ago
- Business
- Yahoo
Centrus Energy (LEU) is Among the Energy Stocks that Gained the Most This Week
The share price of Centrus Energy Corp. (NYSEAMERICAN:LEU) surged by 14.44% between June 11 and June 18, 2025, putting it among the Energy Stocks that Gained the Most This Week. A vast construction site with heavy machinery, materials, and workers, showcasing the company's global presence. Centrus Energy Corp. (NYSEAMERICAN:LEU) is a trusted supplier of nuclear fuel and services for the nuclear energy industry. Centrus Energy Corp. (NYSEAMERICAN:LEU) hit a 5-year high this week after a significant jump in the global price of uranium. Uranium futures in the U.S. are currently hovering around the $74.8 mark, up more than 7% over the last week, following a recent announcement by the Sprott Physical Uranium Trust that it would acquire around $200 million worth of physical uranium, twice the amount it initially signaled in its agreement with Canaccord Genuity. Centrus Energy Corp. (NYSEAMERICAN:LEU) also received a boost after the analysts at Evercore ISI raised their price target from $145 to $205, while maintaining an 'Outperform' rating on the stock. While we acknowledge the potential of LEU as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock. READ NEXT: 10 Best Nuclear Energy Stocks to Buy Right Now and Disclosure: None. 擷取數據時發生錯誤 登入存取你的投資組合 擷取數據時發生錯誤 擷取數據時發生錯誤 擷取數據時發生錯誤 擷取數據時發生錯誤
Yahoo
2 days ago
- Business
- Yahoo
Here is Why enCore Energy (EU) Jumped This Week
The share price of enCore Energy Corp. (NASDAQ:EU) surged by 15.64% between June 11 and June 18, 2025, putting it among the Energy Stocks that Gained the Most This Week. An aerial shot of the uranium mines, demonstrating the company's vast mineral resources. enCore Energy Corp. (NASDAQ:EU) engages in the acquisition, exploration, and development of uranium resource properties in the United States. The company utilizes ISR technology at its South Texas production facilities, resulting in a lower-cost and environmentally friendly method of uranium extraction. enCore Energy Corp. (NASDAQ:EU) shot up recently following a boost in the global price of uranium, which surged by more than 7% over the last week. The uptick comes as investors reacted to an announcement by the Sprott Physical Uranium Trust that it would buy around $200 million worth of physical uranium, twice the amount it initially signaled in its agreement with Canaccord Genuity. Moreover, enCore Energy Corp. (NASDAQ:EU) announced in May that it had received regulatory approval to include the Upper Spring Creek ISR Uranium Project in its existing Radioactive Materials License. The approval marks enCore's third permitted facility in Texas, and the company revealed that drilling operations began immediately after the license was granted. The share price of enCore Energy Corp. (NASDAQ:EU) has surged by more than 52% over the last month. While we acknowledge the potential of EU as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock. READ NEXT: 10 Best Nuclear Energy Stocks to Buy Right Now and Disclosure: None. Error while retrieving data Sign in to access your portfolio Error while retrieving data Error while retrieving data Error while retrieving data Error while retrieving data
