I told you why many times..this is un-investable now...There is a huge propaganda campaign going on between UUUU and the utilities. There's a new pro 232 website..check it out...and the utilities got the vast majority of their employees to write the commerce department against 232. This cannot be overstated. 232 IS NOT a done deal nor will it end with the commerce departments decision in 2 months or so.
UUUU selling Vanadium keeps the lights on and nothing more. Vanadium is highly volatile and with China imploding the price could easily go back to single digits. Vanadium Redox Flow batteries will be obsolete so pinning your hopes on that is a mistake
UUUU needs $50 contract prices to make any real earnings. They have ZERO contracts now and the utilities absent 232 won't buy a pound from them given the animosity generated between the two camps
Cameco was somewhat optimistic about the long term future of uranium but also cited how much production can come online in the $40s UUUU is NOT going to reward you without 232 going their way.
UUUU has followed the general market and if you're good you can trade it but if you think you're going to make any money without 232 you're sadly mistaken
There are too many reasons to defer owning this stock now. Should 232 pass I'll be all over it but it isn't worth the risk for so little return absent that