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

(BofA) .jpg” srcset=”https://smallcaps.com.au/wp-content/uploads/2021/02/Uranium-supply-shortage-yellowcake-share-prices-2021-Bank-of-America- (BofA) .jpg 640w, https://smallcaps.com.au/wp-content/uploads/2021/02/Uranium-supply-shortage-yellowcake-share-prices-2021-Bank-of-America- (BofA) -300×188.jpg 300w” sizes=”(max-width: 640px) 100vw, 640px” alt=”Uranium supply shortage yellowcake share prices 2021 Bank of America (BofA) ” title=”Uranium supply shortage yellowcake share prices 2021 Bank of America (BofA) “/>

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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