I'm still learning about the sector, but a friend who is a TA wanted to know about the liquidity of various junior U stocks - thought it might be worth posting as a basic overview - the ratings are mine & subjective.
I divide the Uranium companies into where they broadly are in the Mining cycle
Stage 1 Just have prospective land
Stage 2 Have got some old data and inferred (guess) a possible size
Stage 2.5 There is an old resource estimate which they are upgrading
Stage 3 Are About to commence, or are currently drilling
Stage 4 Have defined a resource
Stage 5 Are producing
Current pro U states SA & NT -(NT policy is being forced to change by Federal gov.) States that have a current ban on mining (but not drilling) WA & QLD
Liquidity Scale -1-10 (1 being very illiquid- 10 very liquid)
Please note: this is not exhaustive and the ratings are sujective, SMM - QLD & NT - Stage 3/4 - Liquidity 6 BTV - NT - Stage 1- Liquidity 8 PNN - SA - Stage 2.5/3- Liquidity 2 CUY - SA Satge 1/3- Liquidity 2 HAV SA Stage 1/3- Liquidity 3 RPT - WA Stage 4- Liquidity 8 DYL - NT - Stage 3- Liquidity 9 MTN - SA Stage 2.5- Liquidity 5 PDN (Nambia) Stage 4- Liquidity 10 RTM - Nambia Stage 0 (fucked) about to go under - Liquidity 10 HMR - SA - Stage 1/3- Liquidity 2 TAS - SA -Stage 1- Liquidity 4 ARU - NT - Stage 1/2/3- Liquidity 4 SIM - SA - Stage 1 - Liquidity 3 ADN - SA - Stage 1- Liquidity 3 CMR -SA - Stage 1- Liquidity 4
ARU Price at posting:
0.0¢ Sentiment: None Disclosure: Not Held
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
(20min delay)