Any thoughts on why uranium futures are staying below $35? At this price most mines are unprofitable. It seems like there's just a reddit crowd piling into the next big bubble at the moment.
I was long uranium for over a decade and think that there is merit in this sector but what's happening now is very indicative of a bubble market.
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Last
$7.68 |
Change
-0.050(0.65%) |
Mkt cap ! $3.064B | |||
| Open | High | Low | Value | Volume |
| $7.70 | $7.86 | $7.54 | $12.22M | 1.579M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 1300 | $7.68 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $7.73 | 35272 | 1 |
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| Last trade - 16.10pm 07/07/2025 (20 minute delay) ? |
| PDN (ASX) Chart |