Retail traders from Reddit’s WallStreetBets flocked to uranium-mining companies on Monday amid a price rally in the radioactive material, as investors bet that the nuclear fuel would become a central tool in the decarbonization of the world’s energy systems. In Australia, Sydney-listed uranium miners Peninsula Energy, Energy Resources of Australia, and Bannerman Energy jumped by 40% over the past several days. In London, miner Aura Energy jumped more than 75% and Yellow Cake, a company… Source link
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