The share price of Centrus Energy Corp. (NYSEAMERICAN:LEU) surged by 16.21% between June 5 and June 12, 2025, putting it among the Energy Stocks that Gained the Most This Week. Let’s shed some light on the development.
A vast construction site with heavy machinery, materials, and workers, showcasing the company’s global presence.
Centrus Energy Corp. (NYSEAMERICAN:LEU) is a trusted supplier of nuclear fuel and services for the nuclear energy industry.
Centrus Energy Corp. (NYSEAMERICAN:LEU) continues to surge and closed at its 5-year high this week after its business partner, Oklo, secured an important new government contract to supply nuclear energy to the Eielson Air Force base in Alaska. Since Centrus has a memorandum of understanding (MoU) with Oklo to supply the latter with high-assay low-enriched uranium (HALEU), the Eielson project is sure to also include Centrus, providing it with years of steady and reliable business.
Centrus Energy Corp. (NYSEAMERICAN:LEU) also received a boost recently after analysts at BofA initiated coverage of the stock with a ‘Buy’ rating and a price target of $160.
Thanks to America’s reinvigorated interest in nuclear energy, Centrus Energy Corp. (NYSEAMERICAN:LEU) has gained almost 114% since the beginning of the year.
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Disclosure: None.
finance.yahoo.com
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