Sprott Physical Uranium Trust: Too Cheap To Ignore

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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 […]

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