Resource Capital Research provides its quarterly review of local uranium stocks and its outlook for the uranium price.
A mostly weak November in the uranium market gave way to a late push, with details from the DOE and news of a new investment fund settling down sellers.
One of the major bulls in the uranium sector has lowered its price assumptions, but the anticipation of a major rally remains.
Another week, another drop in price for spot uranium.
The spot U3O8 price has continued its weakness this week.
After a few tumultuous weeks the uranium spot market has steadied, booking only a minor decline last week.
Both TradeTech and UxC raised their weekly spot price indicators for the week past.
The uranium spot price has continued to climb on supply speculation due to the issues at BHP’s Olympic Dam.
Both TradeTech and UxC raised their weekly U3O8 spot price indicators this week.
Spot uranium continues to rise, inspired by problems at BHP’s Olympic Dam mine.