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Wajeeh Khan

This Nuclear Energy Stock Just Got a Big Government Boost. Should You Buy It Here?

Leu Centrus Energy United States DOE Evercore ISI HALEU Centrus

Centrus Energy (LEU) shares inched up on Friday after the nuclear energy company secured an extension on its government contract to produce High-Assay, Low-Enriched Uranium (HALEU). 

LEU’s press release valued the one-year extension at about $110 million, adding that the Department of Energy (DOE) has the option to extend that contract for up to eight more years. 

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