I'm surprised that U stocks are being down rated by a lower spot U price in the current circumstances. Obviously the Russian U ban has been signed into law but is not in effect for US utilities right now. Common sense would say that Russian U producers and enrichers are going to be selling whatever they can while they still can, so the spot U price isn't going to be shooting up in the immediate future. BUT the fundamentals haven't changed, so a higher U price over the medium to long term is a racing certainty.
Personally, I think that the current pullback is a perhaps the last opportunity for investors in the sector to make really massive returns. Once the U price is north of $140 I think that the lions' share of profits in the sector will have already been made (for reference, the last time the U price went above $140 our SP went to $12 despite us being far behind where we are today).
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Last
$3.41 |
Change
-0.010(0.29%) |
Mkt cap ! $808.9M |
Open | High | Low | Value | Volume |
$3.40 | $3.54 | $3.39 | $2.560M | 739.8K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 5475 | $3.41 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$3.43 | 487 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 5475 | 3.410 |
3 | 14112 | 3.400 |
3 | 4612 | 3.390 |
4 | 13923 | 3.380 |
1 | 487 | 3.370 |
Price($) | Vol. | No. |
---|---|---|
3.430 | 487 | 1 |
3.440 | 487 | 1 |
3.450 | 487 | 1 |
3.460 | 4112 | 2 |
3.470 | 6997 | 3 |
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