Climate change concerns, carbon footprints and the rising cost of fossil fuels lead Ahead of the Herd’s Rick Mills to suggest uranium should be on investor radars, as should security of supply issues.
The action was slow in the uranium market last week, with traders and analysts out for the bulk of the week to enjoy the Thanksgiving Holiday.
Despite a few years of somnolence followed by a six-month beat down, enthusiasts focused on a preponderance of positive fundamental assessments are now labelling uranium a contrarian play.
The depressed uranium price is holding Paladin down as African production ramps up..
Despite ongoing expectations for a bounce in uranium prices, many sellers have a more modest wish, hoping spot prices don’t fall further.
Ahead of the Herd’s Rick Mills discusses why he is keen on uranium producers in an interview with Uranium Investing News.
With buyers absent, increasingly urgent selling saw the spot uranium price fall 13% in the month of October.
Uranium prices continued to drift despite ever increasing talk of eventual demand.
The uranium spot price melted down two weeks back and the discount price seems to have drawn the out the buyers last week.
Going, going, gone. The uranium market lost it’s bottle last week sending the spot U3O8 price down 5%.