A lot can change in 2 year though... during this time of low prices a lot of miners have been operating at a loss which has in turn affected their balance sheet or forced them to issue more shares or to sell of stakes in their profitable mines (sometimes all 3) while placing others on C&M which is not a cheap thing to do.
As well as a draw down of proven resources while they have continued mining in this bearish uranium market.
I think uranium will keep going up in the medium term and so will the shares... just don't expect them to reach comparative prices. The company's have changed... so has the market in that time.
All IMO.
PDN Price at posting:
42.0¢ Sentiment: None Disclosure: Unspecified
PEN Price at posting:
2.5¢ Sentiment: None Disclosure: Unspecified
SMM Price at posting:
21.0¢ Sentiment: None Disclosure: Unspecified
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
(20min delay)