PDN, ERA, ACB, and many other uranium stocks are once more getting sold down heavily.
Is this just profit taking? Is it people seeing the opportunity to get out of the sector at a better price than last week?
Is it deliberate shorting and pushing down of the SP prior to accumulation?
Rather odd, given that the spot price of uranium has actually started tou bounce back up, and PDN was up significantly on Friday night in Toronto, and in fact started the day reasonably well here.
Not really sure what's triggered today's sell down....
Dines, incidentally, has ALL of his uranium stocks upgraded from "Hold" to "Buy".
uranium stocks again being hammered
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Last
$11.34 |
Change
-0.440(3.74%) |
Mkt cap ! $3.390B | |||
| Open | High | Low | Value | Volume |
| $11.39 | $11.56 | $11.31 | $36.85M | 3.234M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 3200 | $11.33 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $11.40 | 1054 | 2 |
View Market Depth
| Last trade - 16.10pm 25/07/2024 (20 minute delay) ? |
| PDN (ASX) Chart |