UUUU Vs CCJ: Which Uranium Stock is a Better Bet Amid a Market Slump?

Energy Fuels Inc. (UUUU) and Cameco Corporation (CCJ) are prominent players in the uranium production industry, contributing significantly to the global nuclear energy supply chain. Both companies are currently grappling with declining uranium prices, which have fallen to 18 months low at $64 per pound. Uranium prices have dropped 10.8% year to date due to ample supply against uncertain demand. Despite this short-term pressure, the long-term outlook for uranium remains strong, driven by the growing push for ...