RE: Inccreased price target CAD 6.05loparn,
Nothing like positive numbers to add to the fundamentals argument; in fact I would add that what drives a stock is the sentiment regarding the sector and the specific stock. I believe that the sentiment will continue to be excellent for the sector and uranium at over $100 this year is assured, imo. The sentiment for URE will drive this to levels that are beyond number crunching (which I'm pretty good at and not dismissing), and will be due in part to the possibility of being taken out. Another positive factor is US production - no safer place than that in terms of 'country risk'; and as the USD dives, the U price will be held high by global market forces -while the costs will benefit from the weak USD.
p10