Group 1 - Uranium stocks, particularly Cameco Corp. (CCJ) and Uranium Energy Corp. (UEC), experienced significant gains, with CCJ rising by 10.51% and UEC by 10.95% on Monday [2] - The rally was influenced by U.S. Energy Secretary Chris Wright's announcement regarding the expansion of America's strategic uranium reserve and a shift away from reliance on Russian nuclear fuel [2][3] - Currently, about 25% of enriched uranium for U.S. nuclear reactors is sourced from Russia, prompting a policy change to reduce this dependency [3] Group 2 - UEC has seen a remarkable increase of 96.86% in 2025, while CCJ has risen by 67.97% this year, with significant trading volumes of 22 million and 10 million shares, respectively [4] - UEC closed at $13.17 on Monday, and its stock shows strong momentum, ranking in the 95th percentile according to Benzinga's Edge Stock Rankings [4]
Cameco Corp And Uranium Energy Corp Stocks Trend On Trump Administration's Strategic Uranium Reserve Expansion Plans - Uranium Energy (AMEX:UEC), Cameco (NYSE:CCJ)