When they realize why the price dropped, maybe then they will understand why?
There is strong demand and supply will be made, but where that comes from may surprise many!
https://www.bloomberg.com/news/arti...-out-on-nuclear-future?embedded-checkout=true
Markets
Uranium’s 22% Price Plunge Is Bottoming Out on Nuclear Future
- Analysts and buyers optimistic that uranium has set new floor
- Strong demand outlook reinforces case for radioactive metal
Uranium concentrate.Photographer: Daniel Acker/Bloomberg
By Maria Clara Cobo
March 22, 2024 at 2:20 AM GMT+11
Uranium may have lost some sizzle after an electrifying 10-month rally, but analysts and investors aren’t losing faith in the long-term prospects of the nuclear fuel.
After a 22% decline over six weeks, industry experts and analysts say that the uranium market has likely set a new floor thanks to a strong demand outlook.
When they realize why the price dropped, maybe then they will...
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Last
$6.63 |
Change
0.250(3.92%) |
Mkt cap ! $1.570B | |||
| Open | High | Low | Value | Volume |
| $6.46 | $6.68 | $6.38 | $5.642M | 861.8K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 3462 | $6.61 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $6.67 | 9922 | 1 |
View Market Depth
| Last trade - 16.10pm 16/05/2024 (20 minute delay) ? |
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Last
$6.66 |
Change
0.250 ( 3.73 %) |
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| Open | High | Low | Volume | ||
| $6.43 | $6.68 | $6.38 | 136019 | ||
| Last updated 15.59pm 16/05/2024 ? | |||||
| SLX (ASX) Chart |