Nuclear Stocks Were Super Hot Just A Month Ago. What's Changed

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Nuclear Nouvelles

Nuclear Power,Uranium. Uranium Price

However, nuclear energy stocks have lately lost momentum, mostly because the sector was seriously overheating

Over the past couple of years, the nuclear energy sector has enjoyed a renaissance in the U.S. and many Western countries thanks to the global energy crisis triggered by Russia's war in Ukraine, high power demand and nuclear's status as a low-carbon energy source. Uranium demand has soared thanks to a series of policy 'U-turns' with governments from Japan to Germany revising plans to phase out nuclear power. Uranium spot prices hit an all-time high of $81.

is a nuclear fuel material enriched to a higher degree between 5% and 20% in the fissile isotope U-235. According to the World Nuclear Association, applications for is only currently available from TENEX, a Rosatom subsidiary. LEU stock is still up nearly 50% over the past 12 months. Stocks of uranium miners have not been spared, either, with shares of Cameco Corp.

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