Uranium prices will stay around this level for a while regardless of any Cameco announcement.
Demand will put pressure on supply with a number of reactors coming online. The price is actually still relatively cheap once it's inflation adjusted vs. early 2000s rally.
Countries are ramping up their power grids now in anticipation of EVs/automation etc. in 10 years time.
SUM will not be in production within 12 - 24 months most likely so any current ease in price is immaterial.
Uranium prices will stay around this level for a while...
Add SUM (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
18.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $15.69M | |||
| Open | High | Low | Value | Volume |
| 18.5¢ | 18.5¢ | 18.5¢ | $17.91K | 96.82K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 3811 | 18.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 19.0¢ | 50000 | 2 |
View Market Depth
| Last trade - 15.29pm 18/10/2024 (20 minute delay) ? |
| SUM (ASX) Chart |