Jaguar Uranium Corp. (JAGU) shares soared 37.50% in intraday trading on Tuesday.
The sharp increase came as the company made its debut on the US stock market. The junior mining company opened more than 35% higher at $5.50 per share compared to its initial public offering price of $4.00, triggering a trading halt.
Jaguar Uranium is focused on the exploration and development of uranium resources in South America, with projects in Colombia and Argentina. Uranium serves as a key raw material for nuclear fuel and holds significant importance in nuclear power generation.