SYH’s shares are up 133% since our previous report in July 2020. Although uranium spot prices are only up 17% since the beginning of 2019, the Global X Uranium ETF (which tracks share prices of uranium/nuclear related companies) is up 80% YoY. The global movement towards clean energy is driving optimism in the uranium sector. Biden’s $2T infrastructure and climate plan includes initiatives to revive uranium production in the U.S.
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