In recent years, there has been considerable interest in nuclear power among policy makers due to the obvious advantage it offers and that has naturally heightened the focus on the uranium mining sector.
There are many uranium producing companies in the world at the moment and if you are looking into such a stock this week then it might be a good move to look into the Boss Energy Limited (OTCMKTS:BQSSF) stock. Yesterday, the stock was in focus and ended the day with gains of as much as 10%. The rally in the stock on Tuesday was led by an announcement made by Boss Energy on Monday.
The company announced on Monday that it installed the front end engineering and design process at the Honeymoon Project that it owns ahead of schedule. That was a major development for the company and Boss Energy claimed that it reinforced its position as the most advanced uranium producing emerging company in Australia.
It goes without saying that it was a significant development for the company and naturally it came into focus among investors on Tuesday when the markets opened in the United States. Investors could consider adding the Boss Energy stock to their watch lists at this point.