Why Cameco and Other Uranium Stocks Exploded This Week

Uranium stocks cruised through this week of August on a high note, with nearly every stock clocking double-digit gains. Despite cooling off a bit on Friday, here's how much popular uranium stocks had rallied in the week through 1:30 p.m. ET Friday, according to data provided by S&P Global Market Intelligence.

Energy Fuels (NYSEMKT: UUUU): up 19.8%

Cameco (NYSE: CCJ): up 18%

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Source Fool.com