Uranium’s mixed February

Performance as of February 28, 2023 Asset 1 MO* 3 MO* YTD* 1 YR 3 YR 5 YR U3O8 Uranium Spot Price 1 0.20% 2.87% 5.25% 4.96% 26.87% 18.79% Uranium Mining Equities (Northshore Global Uranium Mining Index) 2 -7.96% 0.50% 5.63% -9.24% 50.55% 19.33% Uranium Junior Mining Equities (Nasdaq Sprott Junior Uranium Miners Index TR) 3 -12.87% -7.17% 1.13% -20.96% 59.62% N/A Commodities (BCOM Index) 4 -5.05% -8.53% 1.13% -7.33% 14.35% 3.79% U.S. Equities (S&P 500 TR Index) 5 -2.44% -2.28% 1.13% -7.69% 12.14% 9.82% U.S. Bonds (Bloomberg Barclays US Agg Total Return Value Unhedged USD Index) 6 -2.59% -0.04% 1.13% -9.72% -3.77% 0.53% Sources: Bloomberg and Sprott Asset Management LP. Data as of January 31, 2023.
*Performance for periods under one year not annualized.

Spot Uranium’s Relative Resilience in February

Although February saw a reversal of January’s positive market performance, spot uranium posted a slight gain of 0.20%. […]

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
  • 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!

Comments

No comments yet