19 December 2024

Howe Street Reporter Title

Tag: Sprott Physical Uranium Trust

  • Uranium price takes out 2022 highs as bull market continues!

    Uranium price takes out 2022 highs as bull market continues!

    In July 2023, I gave a price target of $65 on spot uranium by the year end. The reason I chose $65 was because this was the 2022 highs and thus, the next major resistance zone for spot uranium. This was the chart I displayed back then: Uranium bulls did not have to wait until…

  • Spotlight on the Uranium Market: Emerging Opportunities Amidst Price Spikes and Underperforming Stocks

    Spotlight on the Uranium Market: Emerging Opportunities Amidst Price Spikes and Underperforming Stocks

    So this is it, we’ve finally started to see what’s been brewing in the long-term uranium market for a while, finally reaching the spot market, as the price is breaking out and reached $57.65 USD/lb very recently, and it looks like it’s stabilizing around the $56-57 range. As previously mentioned here, the Swiss vehicle, Zuri-invest…

  • Is Uranium a Triple From Here – Again?

    Is Uranium a Triple From Here – Again?

    In the summer of 2021, many investors lost faith before uranium equities doubled or tripled in the following three months. Those who diamond-handed were beautifully compensated. Are we about to witness the same in 2023? Let’s walk through the current scenario: It may be France’s slight change of heart in slowing down their nuclear new…