All my u stocks are going up over 30 to 40%. Pen is still not far from it's true value (I valued it at .11), of cause I could be wrong (or very wrong). Uranium is a small market. If you look at the spot price to reverse you probably already miss the opportunity because the spot price does not update very often. And most uranium is trade as long term contract (for example pen sold for around $55 per pound). Sure the uranium stocks will come back from now high. But long term is blue sky because $30 doesn't get any producers to mine more. Top tie asic is around that price but no profit.
EV revolution also need a lot of green electricity.
When PEN will be $1 again, page-138
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Last
9.2¢ |
Change
-0.001(1.08%) |
Mkt cap ! $293.2M | |||
| Open | High | Low | Value | Volume |
| 9.3¢ | 9.3¢ | 9.1¢ | $478.7K | 5.181M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 200000 | 9.2¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 9.3¢ | 384530 | 2 |
View Market Depth
| Last trade - 16.10pm 01/11/2024 (20 minute delay) ? |
| PEN (ASX) Chart |