URNM - Uranium Could Enter New Era Of Opportunity As Interest In Nuclear Power Grows
2024-07-09 15:15:00 ET
Summary
- The transition to cleaner energy has led to price rallies for certain commodities considered essential to its production.
- Uranium prices could benefit as countries consider nuclear power to reach their low emission goals.
- If you look long-term, the copper market is still very strong.
The transition to cleaner energy has led to price rallies for certain commodities considered essential to its production. Craig Hutchison, Director for Equity Research at TD Cowen, says uranium prices could benefit as countries consider nuclear power to reach their low emission goals.
Transcript
Greg Bonnell - The push for greener energy has driven the price rallies for commodities, such as uranium and copper, this year. But is that momentum set to continue? Joining us now to discuss is Craig Hutchison, Director for Equity Research at TD Cowen. For full disclosure on the companies covered by TD Cowen, please see the link to the website at the end of this program. Craig, welcome back to the program....
Uranium Could Enter New Era Of Opportunity As Interest In Nuclear Power Grows