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Western Alliance Bancorp C.WAL


Primary Symbol: WAL Alternate Symbol(s):  WAL.PR.A

Western Alliance Bancorporation is a bank holding company. The Company provides a full spectrum of customized loan, deposit, and treasury management capabilities, including funds transfer and other digital payment offerings through its wholly owned banking subsidiary, Western Alliance Bank (WAB). WAB operates through five full-service banking divisions: Alliance Bank of Arizona, Bank of Nevada, Bridge Bank, First Independent Bank, and Torrey Pines Bank. The Company also provides a range of specialized financial services to business customers across the country, including mortgage banking services through AmeriHome and treasury management services to the homeowner's association sector, and digital payment services for the class action legal industry. It has two non-bank subsidiaries, such as CS Insurance Company (CSI) and Western Alliance Trust Company, N.A. (WATC). CSI is a captive insurance company. WATC provides corporate trust services and levered loan administration solutions.


NYSE:WAL - Post by User

Post by stockpatrolon Sep 23, 2021 6:49pm
100 Views
Post# 33912003

MEGA.c / $WALRF has found potential Uranium deposits

MEGA.c / $WALRF has found potential Uranium deposits

MEGA.c / $WALRF has found potential Uranium deposits in Artic Fox and Isbjorn Projects in Northern Territory, Australia. 

 

In a recent research note, global investment bank, Morgan Stanley, predicted the uranium price to reach US$48/lb by 2024, citing several factors:

 

  • Steady increase in global nuclear capacity achieving a 1.7% CAGR 21-25 (factoring in China adding 22GW to 70GW by 2025) then 2.5% CAGR 26-30;
  • An expert panel recommending the EU designate nuclear power a green investment which would boost interest materially; and
  • Structural uranium market deficit due to several mines closing over the last 12 months

Here are two great articles about the future of uranium prices ! 

 

https://www.bloomberg.com/news/articles/2021-09-08/uranium-surges-to-six-year-high-as-fund-buys-up-physical-supply 

 

https://www.fnarena.com/index.php/2021/04/07/uranium-week-uranium-price-rise-forecast/ 

 

At $0.22 a share, and market cap of $14M and with the forecast for uranium looking bright ive got MEGA.c / $WALRF in the bag 

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