Uranium Miners Surging Is There Room Left to Run?

Marketwire reports the surging of uranium stocks since October and spot uranium reaching as high as $58.50 per lb.

The research is quoted as saying:

According to the Global X Uranium ETF, which started trading earlier this month, uranium provides about 16% of the world’s electricity. Uranium bulls believe that the radioactive element is a clean resource alternative for electric generation. One pound of uranium can generate as much energy as 20,000 pounds of coal, and leaves behind a fraction of the carbon footprint. The Bedford Report examines the emerging Uranium Industry and provides research reports on Global X Uranium ETF (NYSE Arca: URA) and Denison Mines Corporation (NYSE Amex: DNN).

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