No, I don't think so. Uranium got excited and is undergoing the inevitable correction. Multiple reasons why uranium gets excited but a significant impetus for the latest increase was the news that Cameco and Khazatom were buying on the spot market to meet contractual commitments.
Gold producers are still way behind the POG but sooner or later their profits will make an impact.on their share prices.Wait until the AI bubble bursts and the US indices give way and then see where the POG gets to.
What makes you think MHC is a uranium stock anyway? It is a lifestye stock, that is all. If they thought that the Broken Hill tenements had Nihoniumin in their rocks they would try and raise funds to mine that too.
No, I don't think so. Uranium got excited and is undergoing the...
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Mkt cap ! $5.874M | |||
| Open | High | Low | Value | Volume |
| 0.2¢ | 0.2¢ | 0.2¢ | $1.265K | 650.0K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 35 | 92893180 | 0.1¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.2¢ | 1419976 | 1 |
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| Last trade - 15.51pm 03/05/2024 (20 minute delay) ? |
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| Open | High | Low | Volume | ||
| 0.2¢ | 0.2¢ | 0.2¢ | 70000 | ||
| Last updated 15.51pm 03/05/2024 ? | |||||
| MHC (ASX) Chart |