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%. […]

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