From Wall Street Journal:

Uranium prices have skyrocketed, hitting $92.50 a pound, doubling since Russia’s invasion of Ukraine and reaching the highest levels since 2007. This surge has driven up the stocks of mining companies like Cameco, which saw a 71% increase over the past 12 months. Funds holding the physical commodity, such as Sprott Physical Uranium Trust and Yellow Cake, have also experienced significant gains, up 74% and 58% over 12 months, respectively. This rally in uranium prices could have a long-lasting impact, making it a hot commodity for investors.



Read more: Uranium Rally Still Has Fuel