Biden Signs Ban on Imports of Russian Nuclear Reactor Fuel [Yahoo! Finance]
Centrus Energy Corp. Class A (LEU)
NASDAQ:AMEX Investor Relations:
investors.centrusenergy.com/investor-relations
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Source: Yahoo! Finance
Most Read from Bloomberg Trump Vows ‘Day One' Executive Order Targeting Offshore Wind GameStop Shares Soar as ‘Roaring Kitty' Revitalizes Retail Frenzy Tesla Rehires Some Supercharger Workers Weeks After Musk's Cuts China to Start $138 Billion Bond Sale on Friday to Boost Economy Macron Puts French Banks in Play With Plan to Transform Europe Biden's signature also unlocks some $2.7 billion in spending, previously approved by Congress, to build up domestic uranium supplies for US nuclear plants. That money was contingent on the federal government imposing limits on Russian uranium imports. The move, which comes as Russia's invasion of Ukraine grinds into its third year, carries risks. Russia is America's top foreign source of the fuel, supplying about a quarter of the uranium used in US reactors, according to Energy Department data. Russia makes about $1 billion a year from those sales. Cutting off that supply could raise uranium prices 20%, according to Jonathan Hinze,
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LEU
News
- Centrus Energy Corp. (NYSE: LEU) had its price target lowered by analysts at Roth Mkm from $62.00 to $58.00. They now have a "neutral" rating on the stock.MarketBeat
- Centrus Energy Corp. (NYSE: LEU) had its price target raised by analysts at B. Riley from $88.00 to $126.00. They now have a "buy" rating on the stock.MarketBeat
- Centrus Reports Third Quarter 2024 Results [Yahoo! Finance]Yahoo! Finance
- Centrus Reports Third Quarter 2024 ResultsPR Newswire
- Nuclear stocks gain on AI optimism: Oklo, NuScale, Centrus [Yahoo! Finance Canada]Yahoo! Finance Canada
LEU
Earnings
- 10/28/24 - Miss
LEU
Sec Filings
- 10/29/24 - Form 10-Q
- 10/28/24 - Form 8-K
- 10/22/24 - Form SC
- LEU's page on the SEC website