After the excitement of a US$4 rise the previous week, last week saw little activity and almost a full spot price reversal.
Traders jumped back into uranium with a vengeance last week, sending the spot price up US$4/lb.
Buyers have begun to reappear in the uranium spot market but sellers are still plentiful.
Weekly update on recommendation, target price, and earnings forecast changes.
The Chartist sees potential for a short term rally in Paladin Energy shares, but also warns investors shouldn’t get carried away just yet.
Activity was brisk but the spot market thin as ups and downs in the week saw the uranium price unchanged.
Buyers were few in the spot uranium market last week as implications of corporate deals were considered. Spot price slips.
Weekly update on recommendation, target price, and earnings forecast changes.
An ongoing disconnect in the spot uranium market kept players on the sidelines last week.
FNArena’s Treasure Chest reports on money making ideas from stockbrokers and other experts. The current unwind of the US dollar commodity carry trade leads UBS to reverse its year-long bearishness on commodities and mining stocks.