URNM - Yellow Cake: Discount To Net Asset Value Now 16.4%
2024-02-11 00:21:23 ET
Summary
- This article reviews the valuation of Yellow Cake.
- It discusses some recent developments in the uranium industry.
- I continue to think owning the uranium investment vehicles provides a good balance to most uranium portfolios.
Overview
Yellow Cake ( OTCQX:YLLXF ) is an investment vehicle that owns physical uranium, with its primary listing in the UK. The stock has along with the Sprott Physical Uranium Trust ( OTCPK:SRUUF ) been one the better performing uranium stocks over the last year. I have over the last few years covered Yellow Cake frequently and I have also owned the stock during much of the period, my prior articles on the stock can be found here ....
Yellow Cake: Discount To Net Asset Value Now 16.4%