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Is a Uranium New Bull Market Ready to Takeoff?

Published 12/10/2021, 05:00 PM
Updated 12/10/2021, 05:30 PM
© Reuters.  Is a Uranium New Bull Market Ready to Takeoff?
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Uranium Energy Corp . (NYSE:UEC) is up 97% in 2021 due to a strong rally in uranium prices. Will this bullish momentum continue in 2022. As uranium has rallied by over 50% in the past 5 months, uranium and uranium mining equities and ETFs have enjoyed a growing amount of interest from investors. Is this a real bull market? If so, what are some ways to play it? And how high might prices go?

See the latest web story from StockNews.com, which addresses these items with just the charts and data that investors need to consider to make an informed decision: Is a Uranium New Bull Market Ready to Takeoff?

UEC shares rose $0.03 (+0.86%) in after-hours trading Friday. Year-to-date, UEC has gained 97.16%, versus a 27.14% rise in the benchmark S&P 500 index during the same period.

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