Tag: Uranium Price
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![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…
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![Uranium Market Dynamics, Nuclear Power and Global Security Concerns]()
Uranium Market Dynamics, Nuclear Power and Global Security Concerns
In a world grappling with climate change and striving to shift towards green energy, nuclear power has emerged as a key player. This clean, efficient, and potent form of energy is increasingly needed to help us move away from fossil fuels. Central to this transformation is uranium, the fuel used in nuclear power generation. However,…
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![Uranium to $65 by year end?]()
Uranium to $65 by year end?
The uranium spot price market continues to climb as the momentum from a recent technical breakout continues. Before we jump into the charts, let’s take a look at the fundamentals. If you follow this market, then I am sure you know why uranium is in a bull market. It is all about nuclear energy to…
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![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…
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![Canada’s largest uranium producer Cameco breaks out as uranium price rips!]()
Canada’s largest uranium producer Cameco breaks out as uranium price rips!
Cameco is on a run due to uranium’s good fortune. In previous uranium articles, I spoke about how the technical charts were hinting at some downside. This did occur and charts we use to assess the uranium price hit our support levels, or price floor. Uranium itself was at a key psychological level testing the…
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![Skyharbour Resources (SYH.V) approaches major support as uranium looks to breakout]()
Skyharbour Resources (SYH.V) approaches major support as uranium looks to breakout
*originally published November 23, 2022 We here at Equity Guru are big fans of uranium. The commodity is still up 7% for the year, but could be on the verge of making another large run taking us back to the highs of 2022 and above. In my most recent uranium weekly sector roundup, I discussed…
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![Uranium pullback provides opportunity to buy the dip! Searchlight Resources (SCLT.V), Fortune Bay (FOR.V) and enCore Energy (EU.V).]()
Uranium pullback provides opportunity to buy the dip! Searchlight Resources (SCLT.V), Fortune Bay (FOR.V) and enCore Energy (EU.V).
Long term. You have probably heard or read those two words more times than you can remember in the past few days. Stock markets are selling off hard, bond yields are spiking, the US Dollar is rallying, and the financial world awaits the Federal Reserve rate decision. A lot of volatility and a lot of…
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![Uranium price retreats after printing 2022 highs. Is the momentum over?]()
Uranium price retreats after printing 2022 highs. Is the momentum over?
Uranium prices are pulling back after posting new highs for 2022. Is the upwards momentum over? No. Commodities remain the place to be for the inflation trade, and uranium has many other fundamentals backing it that are not only supply chain related. Energy is going to be a big topic in Europe as nations such…
