Amidst the ongoing geopolitical and energy uncertainty, U308 buyers are focused on the term market for securing price and supply certainty

Deep Yellow shares have found support at a key Fibonacci retracement level. Bullish RSI and MACD signals are fueling expectations of a move to new highs over the coming months

The U308 spot price managed a slight rise over last week, with buyers and sellers selectively trading small, discrete material volumes on Middle East concerns

A general retreat in global risk appetite frustrated uranium sellers into lower prices last week

Activity in the U308 spot market trended lower as uncertainty over the Middle East war kept participants on the sideline until the end of the week

As Middle East war rolled markets, the U308 spot market took volatility in its stride while UBS points to NexGen as preferred stock exposure

Paladin Energy shares have bounced from recent retracement, now consolidating under the recent high. Fairmont Equities’ Michael Gable sees a bullish sign ahead of the next move upwards

The U308 spot market price retreated over February, but remains up almost 32% over the year past as term demand advances

Recent price signals in the U308 spot market underscore the volatility and upside risks to prices against a growing future supply deficit

As volatility eased the U308 spot priced moved higher while Yellow Cake Plc’s capital raising exceeded expectations and it remains an “opportunistic buyer”