Kategorien
Allgemein

Uranium Stocks are performing superb in April 2020

Uranium stocks rising

Since middle of march 2020, uranium stocks are performing unexpectedly well compared to the broader market. Let’s take a brief look at some momentum uranium stocks.

Energy Fuels $UUUU

Energy Fuels ($UUUU) – Chart powered by tradingview.com

$UUUU rose by 65% within 19 days. Energy Fuels is producing both uranium and vanadium.

What’s most interesting about $UUUU is the fact that the company is the „owner of the only operational conventional uranium mining in the United States“.

At April 22, it rose by roughly 22% on above-average volume, becoming the best performing uranium stock this day.

Another Uranium Stocks to put on watchlist:

  • UR Energy Inc ($URG)
  • Uranium Energy Corp ($UEC)
  • Lamaride Resources LTD. ($LAM)
  • Denison Mines Corporation ($DNN)

Trading tip:

As of today (23.04), uranium stocks are a bit overextended, so a pullback or consolidation can be expected within the next couple of days. Until then, these stocks might continue their rise.

Global X FDS Uranium ETF

Uranium ETF showing some resistence in future. Chart by Tradingview.com

Stay tuned!

Schreibe einen Kommentar

Deine E-Mail-Adresse wird nicht veröffentlicht. Erforderliche Felder sind mit * markiert.