Five Star Equities announced investor optimism within the uranium industry appears to be gaining momentum in 2012 as Japan has begun to bring back nuclear reactors online.
As quoted in the press release:
The Global X Uranium ETF (URA) is up nearly 8 percent in the last month as the growth outlook of Nuclear Energy appears strong after falling hard last year on Japan’s nuclear disaster. The ETF collapsed over 50 percent last year in the wake of the Fukushima disaster. Five Star Equities examines the outlook for companies in the Uranium Industry and provides equity research on Cameco Corp. (NYSE: CCJ) (TSX: CCO) and Uranium Resources, Inc. (NASDAQ:URRE).