BETHESDA, Md., Oct. 17, 2024 /PRNewswire/ -- Centrus Energy (NYSE American: LEU) announced today that its subsidiary, American Centrifuge Operating, LLC ("ACO"), has won an award from the U.S. Department of Energy aimed at expanding domestic commercial production of High-Assay, Low-Enriched Uranium (HALEU), which is needed to fuel many next-generation nuclear reactor designs currently under development. "This award could facilitate the potential expansion of Centrus' first-of-a-kind HALEU production capacit ...

Centrus Energy Corp. (LEU) shares rallied 26.3% in the last trading session to close at $77.39. This move can be attributable to notable volume with a higher number of shares being traded than in a typical session. This compares to the stock's 53.8% gain over the past four weeks. Centrus Energy's shares surged on the news that Amazon Web Services, the cloud computing arm of Amazon (AMZN) has signed three new agreements to support the development of nuclear energy projects—including enabling the construction ...

Nuclear energy stocks and uranium companies have skyrocketed over the last month as Wall Street dives into the stocks that will power the artificial intelligence (AI) age. NuScale Power, Oklo, Cameco, Centrus Energy, and other nuclear stocks have soared since Microsoft announced its massive nuclear energy deal with Constellation on September 20. Since then, Google and Amazon made splashy nuclear energy investments to fuel their AI expansions. See the Zacks Earnings Calendar to stay ahead of market-making ne ...

American Centrifuge Operating, LLC is one of six awardees BETHESDA, Md., Oct. 8, 2024 /PRNewswire/ -- Centrus Energy (NYSE American: LEU) announced today that its subsidiary, American Centrifuge Operating, LLC ("ACO"), has won an award from the U.S. Department of Energy to support deployment of technology and equipment to deconvert High-Assay, Low-Enriched Uranium (HALEU) from uranium hexafluoride (UF6) to uranium oxide and/or uranium metal forms, a key step in the nuclear fuel production process. "This awa ...

Shares of Centrus Energy Corp (LEU, Financial) surged 7.56% in mid-day trading on Oct 2. The stock reached an intraday high of $64.70, before settling at $64.31, up from its previous close of $59.79. This places LEU 0.60% below its 52-week high of $64.70 and 91.91% above its 52-week low of $33.51. Trading volume was 307,593 shares, 105.4% of the average daily volume of 291,774. Wall Street Analysts Forecast Based on the one-year price targets offered by 3 analysts, the average target price for Centrus Energ ...

Most of us have heard the dictum "the trend is your friend." And this is undeniably the key to success when it comes to short-term investing or trading. But it isn't easy to ensure the sustainability of a trend and profit from it. Often, the direction of a stock's price movement reverses quickly after taking a position in it, making investors incur a short-term capital loss. So, it's important to ensure that there are enough factors -- such as sound fundamentals, positive earnings estimate revisions, etc. - ...

Centrus Energy Corp. (LEU) shares rallied 8.6% in the last trading session to close at $45.01. This move can be attributable to notable volume with a higher number of shares being traded than in a typical session. This compares to the stock's 10.4% gain over the past four weeks. Centrus Energy shares gained since the news that it inked a contingent supply agreement with Korea Hydro & Nuclear Power for a decade of low-enriched uranium deliveries to feed Korea's reactors. This deal has made a significant step ...

The Federal Reserve didn't just cut interest rates at its September meeting. It cut BIG, opting for a 50-basis point move. Policymakers also signaled they'll keep cutting rates in the rest of 2024 and well into 2025. What investments could generate the most profit and yield in this falling-rate world? Find out from a trio of top MoneyShow expert contributors. Mike Larson MoneyShow.com Charts can tell you a lot of things as a trader. The MoneyShow Chart of the Week below speaks VOLUMES...the only question is ...

Walter Bibikow I have been investigating the nuclear industry, looking for a profitable place to invest; I wrote about NuScale (SMR) and have interviewed a Nuclear Physicist working for NANO Nuclear Energy (NNE), two nuclear research Scientists at Cambridge University, a member of the Investor relations team at NextEra Energy (NEE) and have had informal chats with representatives from three other companies in this market. The market dynamics are becoming clear: growing demand, increasing government interest ...

Centrus Energy Corp. (LEU) announced that it inked a contingent supply agreement with Korea Hydro & Nuclear Power for a decade of low-enriched uranium deliveries to feed Korea's reactors. This deal has made a significant step forward in the company's efforts to deploy uranium enrichment capacity at its American Centrifuge Plant in Piketon, OH. Centrus' Contingent Supply Commitment This latest commitment brings the total contingent sales commitments to $1.8 billion, demonstrating strong private sector suppor ...