THE SQUEEZE IS ON, page-5166

CCJ is jumping, Sprott as well. EFT flows into PDN happily as well

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Institutional Flows into Uranium ETFs

• The Global X Uranium ETF (URA), with over $3.7 billion in assets, has seen strong inflows this year, outperforming broader indices like the S&P 500.

• The Sprott Uranium Miners ETF (URNM) and Sprott Junior Uranium Miners ETF (URNJ) have also surged, boosted by AI-driven energy demand and policy tailwinds like Trump’s executive order easing nuclear regulations.

• These ETFs are top-heavy with names like Cameco, Kazatomprom, and Paladin Energy, giving Paladin indirect exposure to institutional capital flows.

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CCJ specific "Balboa Wealth Partners boosted its stake in shares of Cameco Corporation (NYSE:CCJ - Free Report) (TSE:CCO) by 25.4% in the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission"

News flow overload in so many nice ways. Once a few new overdue Long term Contracts increase the prices we will be smiling a lot more. $10 example.

Personally, I think the Long-Term price is about to rocket.

Paladin’s EBITDA Sensitivity to Uranium Prices

According to Macquarie’s December 2023 forecast, Paladin Energy’s EBITDA is projected to grow dramatically as uranium prices rise:

Fiscal Year	Uranium Price Assumption	EBITDA (USD millions)	EV/EBITDA Multiple
FY24	~$55/lb	$23.8M	86.1×
FY25	~$80/lb	$163.0M	12.6×
FY26	~$90/lb	$212.5M	9.6×

That’s a ~6.8× jump in EBITDA from FY24 to FY25, driven by a $25/lb increase in uranium prices. This implies that each $10/lb move in U₃O₈ could add ~$55M–$65M to Paladin’s EBITDA, assuming stable production and cost structure