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