What Do You Know About Uranium?

Editor’s note: Read the latest on how the coronavirus is rattling the markets and what investors can do to navigate it. Ruth Saldanha: If you’re closely watching the markets in 2020, you may have noticed that uranium has been steadily rising. Morningstar analyst Kristoffer Inton believes that because of the pandemic and because of the results of the 2020 presidential election, the prices of the commodity have risen. But can that continue? He’s here today to share his thoughts.

Kris, thank you so much for being here today.

Kristoffer Inton: Thanks for having me.

Saldanha: First up, the price of uranium rose sharply at the beginning of the pandemic. It fell a little and then it rose again. What was the reason for this first initial price fluctuation? Inton: At the start of the pandemic, what we saw was some temporary production cuts by major producing companies, Canadian-based Cameco and […]

Click here to view original web page at www.morningstar.com

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.