AGE held remarkably well this week. Uranium pricing underperforming last few months compared with some other metals, and utilities drawing on their inventories, pushed down AGE and most of the other Uranium stocks.
AGE seem to be recovering the best.
I purchased in June for 3.9 and added the same parcel Tuesday for 3.1....it did test my nerves when touched 2.9 but it quickly bounced back. I'm in neutral position now with descent holding and it feels great. My view is there is support at very low 3.0 (it tested this twice now) and resistance at 3.9. When utilities start buying again, this will easily settle above 4.0. Sprott Trust commencing trading will put more spotlight on this, plus there are number of articles which talks about Morgan Stanley putting Uranium as their most preferred commodity in near term. It's reasonable to be bullish on this. GLTAH
AGE held remarkably well this week. Uranium pricing...
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Last
5.3¢ |
Change
0.001(1.92%) |
Mkt cap ! $205.0M | |||
| Open | High | Low | Value | Volume |
| 5.2¢ | 5.3¢ | 5.2¢ | $181.5K | 3.475M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 180000 | 5.2¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 5.3¢ | 1579955 | 6 |
View Market Depth
| Last trade - 16.10pm 28/06/2024 (20 minute delay) ? |
| AGE (ASX) Chart |