Why These Energy Stocks are Gaining This Week

5. Uranium Royalty Corp. (NASDAQ:UROY)

Share Price Gains Between Oct 24 – Oct 31: 20.6%

Next on our list of Energy Stocks that Gained the Most This Week is Uranium Royalty Corp. (NASDAQ:UROY), a pure-play uranium royalty company focused on gaining exposure to uranium prices by making strategic investments in uranium interests.

Uranium Royalty Corp. (NASDAQ:UROY) was among the nuclear stocks that received a significant boost after the US government announced a partnership with the Canadian owners of Westinghouse Electric to invest at least $80 billion to build nuclear reactors across the United States. The move is a part of President Trump’s efforts to increase the country’s nuclear energy capacity in the face of a record increase in power demand.

Since all these proposed nuclear reactors are also expected to expand the demand for uranium, the prices of the nuclear fuel have shot up by over 12% since October 21, causing players like UROY to soar.

Following the recent uptick, Uranium Royalty Corp. (NASDAQ:UROY) has gained almost 106% since the beginning of 2025.