U sector "still over priced" "But the Vancouver-based firm cautions that the shares of producers and developers "remain at or above their indexed price point of 12 months ago, when spot uranium was $40.70 U3O8, a 40% premium to current spot.
There may be more pain ahead."
https://www.mining.com/chart-uranium-stocks-vs-spot-price-something-had-to-give-23941/