URNJ: Now Is Not The Right Time
2025-03-28 07:01:22 ET
Summary
- Uranium prices have fallen sharply from a high of $105/lb due to increased supply and moderating demand growth.
- Japan's reactor restarts and China's nuclear expansion were strong catalysts powering prices higher, but supply is now catching up.
- Cameco's production ramp will add to supply pressures.
It's been a rough year for uranium investors. After peaking at about $105/lb early last year, the price of U308 has been on a constant downslope and now sits in the mid-60s....
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URNJ: Now Is Not The Right TimeNASDAQ: URNJ
URNJ Trading
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