There are two types of uranium prices. Long term contract price and spot price.
Contracts are set between producers and consumers, and are usually locked in for 3 years. The current long term contract price is about $95 a pound. Should Uran become a producer, Uran will be selling uranium to the ukraine government at a small discount of this price.
The spot price is currently $65 and accounts for about 10% of the total annual turnover.
The spot price is mainly used to set the tone for the overall market sentiment.
URA Price at posting:
0.0¢ Sentiment: Buy Disclosure: Held
