Uranium Prices, and Stocks, Bleed Again

Source:

The uranium spot price has now declined $31/pound in just seven weeks, leaving a trail of bloodied stocks in its wake.

The uranium spot price fell $5/pound in the past week, to $105/pound, according to Ux Consultants, and by $15/pound according to TradeTech, also to $105/pound. The uranium spot price has now declined $31/pound in just seven weeks, leaving a trail of bloodied stocks in its wake.

Listed uranium stocks have declined by a rough average of 40% in the past two months. Cameco (CCO.T, C$15.99 a share), the market leader, is down just over 30%...

Related Articles

Get Our Streetwise Reports Newsletter Free

A valid email address is required to subscribe