Recently several quality uranium stocks had a good run up, then pulled back a bit for a breather. Now that $85 is confirmed for uranium, even Kitco has the new uranium price listed, expect quality uranium stocks to get their second wind.
Try AGS, UNX, WHE, MTN, etc. The first 3 recently were all in the $2 to $2.30 range, but pulled back to around $1.80. They have all started creeping back up, but with U3o8 now at $85, expect them all to soar through $2.50, then possibly taking a short breather around $2.50 to $2.60. Expect MTN to be $4 plus very soon.
Naturally fundamental news will change the picture for each stock, but the above is simply my impression of the general sentiment for these quality uranium stocks, and lately good quality uranium stocks have been moving in a clear uptrend largely due to sentiment, which of course is linked to the uranium price.
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