Why Uranium Royalty Stock Crushed the Market Today

·2 min read
Why Uranium Royalty Stock Crushed the Market Today

After sinking the most among uranium stocks during Monday's market sell-off triggered by worrisome news from China and a cautious outlook on uranium from Morgan Stanley, shares of Uranium Royalty (NASDAQ: UROY) raced ahead of the industry today. Although all uranium stocks have risen massively in the past month or so, Uranium Royalty has absolutely crushed them all, even doubling in a matter of days at one point. One reason why Uranium Royalty caught investor attention was its recent bid to buy uranium from the spot market.

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