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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$4.22 |
Change
0.010(0.24%) |
Mkt cap ! $999.6M |
Open | High | Low | Value | Volume |
$4.31 | $4.37 | $4.20 | $3.035M | 710.7K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 1660 | $4.22 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$4.26 | 2500 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 1660 | 4.220 |
1 | 1798 | 4.210 |
4 | 7822 | 4.200 |
1 | 1798 | 4.190 |
2 | 3798 | 4.180 |
Price($) | Vol. | No. |
---|---|---|
4.260 | 2500 | 1 |
4.270 | 1798 | 1 |
4.280 | 1798 | 1 |
4.290 | 1798 | 1 |
4.300 | 1823 | 2 |
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