The stock prices of Australian uranium firms soared in recent trading on Friday, after Reuters reported Friday that US President Donald Trump plans to sign an executive order to ease the regulatory process on approvals for new nuclear reactors and strengthen their fuel supply chains, citing four sources.
Shares of Boss Energy (ASX:BOE) surged 13%, while those of Deep Yellow (ASX:DYL) jumped 9%. Paladin Energy's (ASX:PDN) stock price advanced over 9%.