A close-up of a uranium mining site, the hardworking miners working underground to extract uranium resources.
Uranium Royalty Corp. (NASDAQ:UROY) is a pure-play uranium royalty company focused on gaining exposure to uranium prices by making strategic investments in uranium interests.
Uranium Royalty Corp. (NASDAQ:UROY) was among the uranium stocks that soared this week following an announcement by the Department of Energy that it had started a new pilot program to accelerate the development of advanced nuclear reactors and strengthen domestic supply chains for nuclear fuel. The strategic initiative is aimed at ending America’s reliance on foreign sources of enriched uranium and critical materials, especially given the current geopolitical landscape.
Uranium Royalty Corp. (NASDAQ:UROY) shot up to a 52-week high this week, having gained more than 30% over the last year.
While we acknowledge the potential of UROY as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on thebest short-term AI stock.
READ NEXT: 10 Best Nuclear Energy Stocks to Buy Right Now and The 5 Energy Stocks Billionaires are Quietly Piling Into.
Disclosure: None.
Join thousands of traders who make more informed decisions with our premium features.
Real-time quotes, advanced visualizations, backtesting, and much more.