Demand for uranium spiked in 2023, nearly doubling in price. The Federal Reserve said the global price of uranium jumped from $39 per pound at the end of 2022 to over $$70 per pound by last December.
The recent market excitement over nuclear power investments by technology companies starved for electricity has spurred a sharp run up in the price of uranium. The demand from AI data centers ...
There's something of a uranium cult out there: the investors and traders who believe that nuclear is the future of energy, and therefore this crucial commodity will end up being a huge winner. And ...
is in a prime position to gain from the rising uranium prices. In fact, UEC has exceptional leverage on uranium’s costs compared to global competitors. Recently, the company has reignited in ...
NYSE-listed Uranium Energy (UEC) has released a preliminary economic assessment (PEA) for its Roughrider uranium project in Canada, valuing the asset at nearly $1-billion. The project, which UEC ...
That will be true if demand increases for uranium and doubly true if the increased demand leads to a large rise in the price of uranium. Selling more uranium at higher prices will do wonders for ...
After reaching a 17 year high of US$106 per pound in early January, the uranium spot price has spent the rest of the year consolidating, remaining rangebound between US$79 and US$85 since mid-June.
ETFs that track uranium miners and nuclear-energy stocks have skyrocketed in October, as some of the largest tech companies have tapped into nuclear power to fuel data centers as part of their AI push ...
The uranium price rise has had a disproportionate effect on the share prices of uranium producers and companies exploring for the material. Australian listed Boss Energy which has just started ...
The Price to Earnings (P/E) ratio, a key valuation measure, is calculated by dividing the stock's most recent closing price by the sum of the diluted earnings per share from continuing operations ...
Rising electricity demand related to AI and shrinking supply suggest uranium prices could bounce above $107 a pound, says one analyst Hello! This is MarketWatch reporter Isabel Wang, bringing you ...
This is MarketWatch reporter Isabel Wang, bringing you this week’s ETF Wrap. In this edition, we look at uranium and nuclear-energy ETFs, which have soared this month as technology giants are ...