5 Cheap Nuclear Energy Stocks to Buy Amid Energy War

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1. Yellow Cake plc (OTC:YLLXF)

PE Ratio as of September 2: 1.79

Yellow Cake plc (OTC:YLLXF) is a young uranium company that is involved in the purchase and holding of uranium oxide concentrates. The company stores its uranium concentrates at facilities in Canada and France. Yellow Cake plc (OTC:YLLXF) was founded in 2018 and is based in Jersey.

Yellow Cake plc (OTC:YLLXF) is a low-risk play in the uranium sector since the company is not ridden with mining costs and challenges, and is rather an investment company that buys and holds uranium, a key element used in nuclear reactors. Yellow Cake plc (OTC:YLLXF) has grown its assets to 18.8 million pounds of uranium, up from 9.3 million pounds in November 2020.

Yellow Cake plc (OTC:YLLXF) is expected to capture more market share as governments around the world increase their spending on nuclear energy infrastructure. As of September 2, Yellow Cake plc (OTC:YLLXF) has gained 5.63% year to date and is trading at a PE multiple of 1.79.

You can also take a look at 10 Best Renewable Energy Stocks to Buy Now and 10 Best Renewable Energy Stocks to Buy According to Hedge Funds.

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