Why Denison Mines Stock Is Soaring

Shares of Denison Mines (NYSEMKT: DNN) surged 34% on Tuesday as traders bid up the prices of uranium stocks.

Rare cold weather in the southern U.S. has strained the region's power grid in recent days. That's led to a surge in the price of electricity and a rebound in the price of natural gas. It's also reshaping investors' views of the nuclear power industry. 

Denison Mines stock price is up sharply in recent days. Image source: Getty Images.

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Source Fool.com