Why These Energy Stocks Are Losing This Week

6. Uranium Royalty Corp. (NASDAQ:UROY)

Share Price Decline Between May 27 – June 3: 6.41%

Next on our list of Energy Stocks that are Losing 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) gained over 25% last month after President Trump signed an executive order aimed at reinvigorating the American nuclear energy sector and ‘re-establishing the United States as the global leader in nuclear energy’. The plan also includes increasing investments in domestic uranium mining and enrichment and reducing reliance on imports. The strategic move is expected to drive up the price of the nuclear fuel, which has fallen about 32% from the highs it hit in 2023.

Analysts have estimated the incentive prices for new uranium production at above $100/lb, providing significant future cash flow potential for companies like Uranium Royalty Corp. (NASDAQ:UROY).