Aug. 22 at 3:55 PM
Uranium stocks rose Friday after Kazatomprom , the world’s largest uranium producer, cut its 2026 production target.
Scotiabank analyst Orest Wowkodaw viewed the lower guidance as positive for uranium markets, expecting future output below prior estimates.
For investors seeking uranium exposure, Wowkodaw recommended CCJ as a lower-risk option, and NXE and DNN for higher-risk, higher-return plays.
Friday gains included CCJ +3.7%, DNN +3.3%, NXE +4.1%, UUUU +7.2%, and PAL +4.3%.
$CCJ $NXE $DNN $UUUU $PAL