Sprott Physical Uranium Trust: Too Cheap To Ignore

Sprott Physical Uranium Trust: Too Cheap To Ignore

Liens/iStock via Getty Images Thesis

With the notable exception of crude oil and natural gas, the Federal Reserve’s tight monetary policy has caused the price of many commodities to fall over recent months. And spot uranium has been no exception, as it tumbled from the mid-$60 range in mid-April to the high-$40 range today. The impact that this has had on the Sprott Physical Uranium Trust’s ( OTCPK:SRUUF ) unit price has been even more exaggerated, as the trust, which often traded at a slight premium when uranium prices were climbing, has now plummeted in value and often trades at a 10%+ discount. Therefore, given that the sector weakness is not due to any uranium industry-specific factors, the Trust’s current low price provides a good opportunity for any investors wanting to initiate or add to a uranium position. SRUUF Market Price vs. Net Asset Value Since Inception (Sprott.com) Reduced […]

About the author: StockMan
Any information posted on the website has been prepared without taking into account your objectives, financial situation or needs and as such, you should before acting on the information or advice, consider the appropriateness of the information or advice in relation to your objectives, financial situation or needs. Please be aware that any information posted on this site should not be considered to be financial product advice.
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