Without a doubt, 2021 has been a triumphant year for ASX-listed uranium shares. To illustrate, many companies with exposure to the silvery-grey metal have surged 100% or more in value this year. The heightened concerns of climate change have nudged governments to take their emission targets more seriously. In turn, countries are beginning to see nuclear energy as a key piece in the net-zero carbon emissions puzzle.
At the same time, uranium supply has been uncertain following years of low prices. This has made many operations uneconomical in the past. However, as the supply and demand dynamics have come into effect, the price of uranium has rallied in response to higher demand.
While it can be useful to understand the past, investors of ASX uranium shares are likely now looking at what next year could bring for their investments. Mixed outlook for ASX uranium shares
Unfortunately, no one has a crystal […]
- Do contribute something to the discussion
- Do post factual information, analysis and your view on company valuations
- Do disclose if you have an interest in a security
- Do not make low-content posts, unsubstantiated ramps or untruthful/misleading statements
- Do not complain about a post unless you have reported it first, and not on the forum.
- Do not post financial advice
- Do not advertise or post sponsored content