Spot uranium up to $44.00/45.00 US/Lb last night and hopefully this is the start of the next move up in Uranium.
I always refer back to this chart when thinking about Paladin's potential. Uranium analysts say $65 spot is what the industry needs to be attractive enough for projects to restart and/or progress. Bearing in mind that this chart was produced prior to Paladin's capital raise that eliminated it's key debt. Therefore PDN is even better placed now.
It's been a bumpy ride over the last 6 months but I firmly believe (and even more so over the past 24 hours) that Uranium is the future of powering cities globally and all the things that come with that.
Lets go Uranium Spot price!
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Last
$11.66 |
Change
-0.170(1.44%) |
Mkt cap ! $3.487B | |||
| Open | High | Low | Value | Volume |
| $11.80 | $11.89 | $11.49 | $34.10M | 2.930M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 10 | $11.66 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $11.67 | 6642 | 1 |
View Market Depth
| Last trade - 16.10pm 04/10/2024 (20 minute delay) ? |
| PDN (ASX) Chart |