Uranium stocks to buy
Worth watching shares of Australian uranium companies today following comments from Elon Musk saying that countries shouldn’t shut down existing nuclear power plants as Europe grapples with an energy crisis.
- “If you have a well-designed nuclear plant, you should not shut it down — especially right now,” Musk said.
- The Global X Uranium ETF climbed 7.4% on Monday while the Sprott Physical Uranium Trust rallied 4.37%
Market Matters Owns
- Paladin Energy (PDN) listed on the ASX
- Sprott Physical Uranium Trust U-U-CN listed on the TSX
Other stocks to watch in Australia: Boss Energy (BOE) & Deep Yellow (DYL)
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