They are holding ~$30M USD and ~$120 USD debt, you look at the U308 price during this selloff and it has not budged one bit. Cameco has just suspended production @ Cigar Lake over COVID-19 concerns, which is another potential 4 Mlbs/yr less on the market. When the market bottoms out and start to rally, the uranium sector will be one of the biggest gainers in the commodities rally out of this low.
Some perspective, page-6
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Last
$8.86 |
Change
0.490(5.85%) |
Mkt cap ! $2.648B | |||
| Open | High | Low | Value | Volume |
| $8.32 | $8.93 | $8.32 | $26.86M | 3.083M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 39998 | $8.86 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $8.88 | 588 | 1 |
View Market Depth
| Last trade - 16.10pm 10/09/2024 (20 minute delay) ? |
| PDN (ASX) Chart |