Uranium improves
Oil prices have shown improvement in recent weeks, but the big improver over the past month has been the worst-performed commodity of 2016, uranium.
Prices for the nuclear fuel are still very low, but have risen 21 per cent since mid-December, prompting a bounce in share prices for uranium producers like Cameco, Paladin Energy, Energy Resources of Australia and several other small companies like Peninsula Energy and Toro Energy.
"Uranium and uranium equities are on a tear and I don't think we have seen the end of it," Mr O'Connor said.
Read more: http://www.copyright link/business/...ontract-sellers-20170108-gto0xq#ixzz4VJO1aHY7
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