BofA – First silver, now uranium — fears of supply shortages drive up yellowcake share prices

(BofA) – First silver, now uranium — fears of supply shortages drive up yellowcake share prices

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While silver stocks on the ASX retreated after their exuberant buying spree on Monday, Tuesday was a day in the sun for their uranium counterparts.

The trigger for the yellowcake stocks was, unlike Reddit in the case of silver, a more establishment source, the Bank of America ( (BofA) ).As the Australian market opened on Tuesday, the uranium stocks tore out of the barrier gates and retained their vigour well into afternoon trading with several registering double-digit gains. (BofA) says the delays to planned nuclear plant closures in the US could increase uranium demand projections by 26 […]

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