ESG & Investing
Hedge Funds Pile Into Uranium Stocks Set for ‘Dramatic’ Rise
- Uranium prices have soared 125% since the end of 2020
- IEA estimates global nuclear capacity needs to double by 2050
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Several hedge fund managers have started ratcheting up their exposure to uranium stocks, as they bet on significant price gains.
Terra Capital’s Matthew Langsford, Segra Capital’s Arthur Hyde, Argonaut Capital Partners’ Barry Norris and Anaconda Invest’s Renaud Saleur are among managers building bets on uranium companies such as Cameco Corp., Energy Fuels Inc., Ur-Energy Inc. and NexGen Energy Ltd.