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Stock impact report

Nuclear energy stocks extend gains in busy news week [Seeking Alpha]

Nexgen Energy Ltd. Common Shares (NXE) 
NASDAQ:AMEX Investor Relations: nexgenenergy.ca/investors/presentation
Company Research Source: Seeking Alpha
strong gains for a third straight day on Wednesday alongside a raft of news announcements in the sector. Among nuclear names rallying so far this week: Oklo ( Fresh Stock Ideas, Every Day Quick Insights A combination of industry news including UK government funding of Rolls-Royce SMRs, approval of new SMR units, and a US NASA–Pentagon nuclear space initiative drove optimism in the sector. Uranium shares reflect an implied value of US$88/lb, below term prices of US$90-$93/lb and Canaccord Genuity's US$110/lb long-term forecast. Canaccord Genuity highlights NexGen Energy, Uranium Energy, Denison Mines, and Atha Energy as names with torque and potential catalysts. More Trending News Show less Read more
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