Uranium Energy Shares Surge on Analyst Upgrade and Sector Momentum

Shares of Uranium Energy Corp. experienced a significant rally on Friday, advancing 9.5% to reach an intraday high of $13.16. The catalyst was a price target increase from National Bankshares. This move aligns with a broader resurgence across the uranium sector, fueled by supportive policy signals emerging from Washington.

The upward move in Uranium Energy was part of a wider industry trend. The Global X Uranium ETF gained approximately 5.4% on the same day, indicating robust institutional interest. Notably, Centrus Energy saw its shares jump 15% following the commencement of advanced centrifuge production at its Ohio facility. This activity underscores a concerted effort to rebuild the United States’ domestic nuclear supply chain—a strategic shift from Read more...