Uranium mining and exploration companies saw exponential equity growth as a result. I think uranium is going to take the cake as far as returns go.”. It’s not as crazy as it was in the new millennium. A third way to get involved would be to get in literally at ground level and look at the companies which are exploring for new uranium deposits. It is very important to do your own analysis before making any investment based on your personal circumstances. If that does not happen, he sees substantial supply shortfalls to the point where nuclear power plants cannot operate. While output is expected to rise this year after being hit last year by the Covid-19 pandemic, demand remains subdued, especially from utilities. A new uranium bull market is well under way. This article does not provide any financial advice and is not a recommendation to deal in any securities or product. They have indicated that they intend to keep flexing down production through 2022. There are encouraging signs that conditions are ripe for uranium to lead the commodities pack. Darde Investor, join the channel!Nuclear energy and uranium Stock watch: As Nestlé USA snaps up Essentia, Alkaline Water’s position strengthens. Illustrious fashion house Ralph Lauren is a rumoured takeover target. Uranium is the rockstar of commodities. “The bipartisan Nuclear Infrastructure Act is broad-reaching legislation, important for supporting the U.S. nuclear fuel industry, national security and clean energy,” commented Amir Adnani, CEO and President of Uranium Energy Corporation. Valuethemarkets.com, Digitonic Ltd (and our owners, directors, officers, managers, employees, affiliates, agents and assigns) are not responsible for the content or accuracy of this article. AFTER YEARS OF NOT DOING too much, a rebound in the price of uranium from about US $23 per pound has triggered a bull market in uranium stocks. Investments may fall in value and an investor may lose some or all of their investment. In this session, we take a closer look at uranium, which is poised for significant demand growth and a potential bull market in 2021. Global X Uranium ETF (NYSE:URA) buying up new positions in BMN, LOT, PEN and 7 others as announced per part of their ETF re-balancing last week. Could Ralph Lauren be the next fashion brand to be taken over? Fans of the heavy metal are quietly confident that the classic combinati Gerardo Del Real, the president of Resource Stock Digest and cofounder of Digest Publishing, shared where he believes the market is headed and why. I know that for uranium investors – the last few years have been rough. Can it achieve the lofty valuations of competitor Lemonade? SUMMARY: Uranium has been enjoying a stealth bull market due to the coronavirus outbreak. Having navigated the choppy waters of last year, industry figures reckon that uranium prices have the potential to sail smoothly upwards. We are going to continue with a supply deficit until we have these higher prices and the market is just so fragile that anytime we have any disruption like the current Cigar Lake shut down… the price responds immediately.”. 11th Feb - Cameco announces updated production guidance targets for 2021 and impact of covid on 2020 results. ... 2021 Outlook For U308 Prices. This is a bull run like we’ve barely seen two times in the last 30 years – and it’s ferocious. It doesn't mess around - bull and bear markets are of … “We see demand for nuclear growing driven by an increasing focus on electrification and the recognition that to achieve this while still meeting clean-air and climate change goals, nuclear will be needed in the toolbox. Really rough.. We keep hearing – and being promised – that the uranium bull market’s “finally approaching” – only to watch uranium equities sink deeper into the red.. There are different valuations of what an acceptable rate might be but a spot price of US$40 is a realistic minimum. What is not arguable is that last month, in the United States, the Senate’s Committee on Environment and Public Works approved a bipartisan bill, the American Nuclear Infrastructure Act, designed to establish a U.S. national strategic reserve of uranium. In the last year, Covid caused considerable disruption to uranium production as several producers shut down operations in order to limit spread of the disease.
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