Spotlight on the Uranium Market: Emerging Opportunities Amidst Price Spikes and Underperforming Stocks

So this is it, we’ve finally started to see what’s been brewing in the long-term uranium market for a while, finally reaching the spot market, as the price is breaking out and reached $57.65 USD/lb very recently, and it looks like it’s stabilizing around the $56-57 range. As previously mentioned here, the Swiss vehicle, Zuri-invest Uranium AMC has raised their millions and started to buy uranium in the spot market.

In what would otherwise be a quiet period of the year for nuclear utilities to come and sign their long-term contracts with the miners, it seems like the financial vehicles are filling in the gap and bringing excitement to the market.

And it couldn’t be any other way – a $3 move happened with only 1m lbs bought, and in a market where approximately 180-200m lbs are consumed annually. Rumour has it an RFP for 2 million for processed […]

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.

Posting Guidelines
  • 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 take our Terms of Use seriously
Do Not
  • 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

Get involved!

Get Connected!

Come and join our community. Expand your network and get to know new people!


No comments yet