The estimated average spot price for uranium going forward is much higher than what it is at today. With more reactors coming online the next few years, this seems to be a good catalyst to make the investment compelling.
Most Uranium companies such as Cameco are much more lean than they were before the industry became depressed. I think as the market for uranium is starting to bottom this could be a good opportunity.
Submitted July 14, 2017 at 01:17PM by michael2334