URNM - Is a Uranium New Bull Market Ready to Takeoff?
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 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.
About the Author: Simit Patel
Simit Patel is a data scientist and investor who has been working in financial markets since 2002. He focuses on a top-down macroeconomic approach coupled with technical analysis, and looks for broad trends that play out over years. He lives in Indiana with his wife and three kids.
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