RE: Uranium Chart> ?Be careful with these sites. Uranium prices are typilcally set between the utilities and the producers. For your own DD here is another site. Prices are posted once per week. I believe the "True" price is much higher (due to forward hedge contracts). You can see that the price has been tanking. But many older contracts are going to roll off in the coming months, utility inventory stock piles are being drawn down, and they will have to contract at much higher prices. Welcome other opinions from the longs.
https://www.uxc.com/review/uxc_Prices.aspx
I am thinking uranium prices have bottomed, plus public utilities will buy in the 3rd and 4th quarters. So now might be a good time to put a toe in. Have to like Cameco going into the fall.
Cheers!
CJ