Yellow Cake: Still Offered At A Discount To NAV

RHJ Investment Thesis

Yellow Cake ( OTCQX:YLLXF ) is an investment company that owns physical uranium, stored in North America and Europe. The primary listing is in the UK and there is an OTC listing in the U.S. It is a lower risk investment compared to many mining stocks in the uranium industry, but it still has an attractive upside.

The company has grown its assets over the last few years from an increase in the price of uranium and from raising money in the equity market to buy additional pounds. Total pounds of uranium have doubled compared to a couple years ago, while total assets have tripled. Figure 1 – Source: Yellow Cake Quarterly Updates & TradingView Yellow Cake is a stock I have covered many times in the past . It is similar to the Sprott Physical Uranium Trust ( OTCPK:SRUUF ) where the long-term performance tracks the […]

Click here to view original web page at seekingalpha.com

About the author: StockMan

Please remember:

The information provided here is for general knowledge and educational purposes only.
It is not intended to be a substitute for professional financial advice.
Every individual's financial situation is unique, and what works for one person may not work for another.
Before making any investment or financial decisions, you should always consult with a qualified financial advisor who understands your specific circumstances and goals.

Any information posted on the website has been prepared without taking into account your objectives, financial situation or needs and as such, should never be acted upon. Please be aware that any information posted on this site should not be considered to be financial advice and i am not a financial advisor.