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Why Cameco, Uranium Energy, and Uranium Royalty Stocks Are Glowing Green

·2 min read
Why Cameco, Uranium Energy, and Uranium Royalty Stocks Are Glowing Green
In this article:
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  • CCJ
  • UEC

Uranium prices are in a funk -- down 12% over the past week, and down 15% from their recent highs of mid-September -- but don't try to tell that to uranium investors. As of 12:50 p.m. EDT Wednesday, shares of uranium mining company Cameco (NYSE: CCJ) surged 8.5%, followed in close succession by Uranium Energy (NYSEMKT: UEC), up 7.6%; and Uranium Royalty Corp (NASDAQ: UROY), up 4.9%. What's got uranium investors all hot and bothered today?