Will Canadian-Based Uranium Stocks Keep Surging?

Marketwire reports The Bedford Report on the rise in uranium price and stocks.

The press release is quoted as saying:

Uranium stocks have been surging as of late. Last month Uranium posted a 10% gain in just one week to around $52 per pound. According to the Global X Uranium ETF which was starter 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.

Click here to access the entire news release.