Why These Energy Stocks are Gaining This Week

4. Uranium Energy Corp. (NYSEAMERICAN:UEC)

Share Price Gains Between Jan. 7 – Jan. 14: 19.21%

Uranium Energy Corp. (NYSEAMERICAN:UEC) is a US-based uranium production and exploration company operating North America’s newest uranium mine.

Uranium Energy Corp. (NYSEAMERICAN:UEC) jumped after the company emerged as a key investor in a dual-track financing round recently closed by Anfield Energy, which raised a total of $10 million. Uranium Energy invested $4 million as part of the concurrent offering, and now holds approximately 28.8% of Anfield’s outstanding common shares on an undiluted basis, and about 36.8% on a partially diluted basis.

The strategic investment by Uranium Energy Corp. (NYSEAMERICAN:UEC) will help reinforce the company’s foothold in the domestic uranium production sector, as Anfield plans to direct the funds into pivotal US uranium assets, including the West Slope Project, Velvet-Wood Project, the Slick Rock Project, and Shootaring Canyon Mill.

Uranium Energy Corp. (NYSEAMERICAN:UEC) also received a boost from the recent increase in the prices of uranium. Uranium futures are currently hovering at their highest level since mid 2024, driven by fresh buying from physical funds and signs of stronger demand from datacenters.