Uranium Stages A Comeback

Uranium may be coming back into play two years after the Fukushima disaster, as Japan looks to restart some of its idle reactors and global supplies look to tighten a bit. Larger companies operating in the space have already seen their share prices begin to recover over the past couple months as these fundamentals improve, with Cameco Corp (CCJ) up 9.5%, Denison Mines Corp (DNN) up 7.2% and Uranerz Energy Corp (URZ) up about 1%. But many investors are wondering if this recovery will persist in the coming months [for more uranium news and analysis subscribe to our free newsletter].

Posted in Commodity Futures, Commodity Producers, Rare Earth/Strategic Metals | Tagged , , , | 1 Comment