Why Denison Mines, Energy Fuels, and Daqo New Energy Stocks Popped Today
The Monday after Christmas dawned bright for alternative energy stocks, and shares of uranium producers Denison Mines (NYSEMKT: DNN) and Energy Fuels (NYSEMKT: UUUU) are roaring ahead 13.4% and 13.5%, respectively, as of 10:45 a.m. EST. Meanwhile, China's Daqo New Energy (NYSE: DQ), a producer of polysilicon for the solar industry, is up a respectable 4%. Daqo announced Wednesday that it has signed a couple of long-term polysilicon supply agreements with local solar panel producers, with something on the order of 55,000 metric tons of polysilicon to be supplied over the next two years.