BOE, VMY, PDN: Here's how these Uranium stocks fared today on ASX?

May 19, 2022 06:37 PM AEST | By Ritwika

BOE, VMY, PDN: Here's how these Uranium stocks fared today on ASX? — Image source: © Tomacco | Megapixl.com

Highlights

Both ASX 200 and the Energy sector closed in the red territory today.

The ASX Uranium stocks grabbed investors' attention today due to the rising prices of the precious metal.

The S&P/ASX 200 index failed to maintain its bullish run today (May 19) and ended in red. The S&P/ASX 200 index (ASX:XJO) closed 1.646% lower at 7064.5 on the ASX today (19 May). The majority of the ASX 200 sectors ended in red today, and energy sector was one of them.

The S&P/ASX 200 Energy sector (ASX:XEJ) closed trading 1.569% lower at 10049.5 on the ASX today. In this article, we have picked up three major uranium stocks from the ASX 200 Energy sectors and have analysed their performance on the ASX today.

Boss Energy Ltd (ASX:BOE)

The shares of the ASX-listed Uranium producer Boss Energy Ltd (ASX:BOE) closed trading 3.703% lower at AU$2.08 per share on the ASX today (19 May). The company attracted a huge amount of investors' attention today as more than 1.9 million shares of Boss Energy were traded throughout the entire trading session on the ASX today.

The share price of Boss Energy has gained above 1055% on the ASX over the past 12 months. On the other hand, Boss Energy's year-to-date share price fell almost by 15% on the ASX today.

Vimy Resources Limited (ASX:VMY)

The shares of the ASX-listed Uranium explorer Vimy Resources Limited (ASX:VMY) ended 10% lower at AU$0.18 per share on the ASX today (19 May). Approximately 4.2 million shares of Vimy were traded throughout the entire trading session on the ASX today.

The share price of Vimy has gained over 28% on the ASX over the past 12 months. On the other hand, Vimy's year-to-date share price fell almost by 22% on the ASX today.

Paladin Energy Ltd (ASX:PDN)

Image source: © Johncarnemolla | Megapixl.com

The shares of the ASX-listed Uranium miner Paladin Energy Ltd (ASX:PDN) closed trading at AU$0.71 per share on the ASX today (19 May). Approximately 30.8 million shares of Paladin were traded throughout the entire trading session on the ASX today.

The share price of Paladin has gained by 42% on the ASX over the past 12 months. On the other hand, Paladin's year-to-date share price fell almost by 25% on the ASX today.

Also read: PDN, ERA, BKY: Here’s why these Uranium stocks were in news today?

Bottom line:

All the uranium stocks mentioned above have drawn a huge investor attention on the ASX today and were heavily traded throughout the trading session despite having any major announcement. This could be the result of the surge in Uranium prices.

Australia is one of the leading Uranium producers in the world as the continent holds heavy deposits of Uranium.

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