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Bullboard - Stock Discussion Forum Uranium Royalty Corp T.URC

Alternate Symbol(s):  UROY | T.URC.WT | URCWF

Uranium Royalty Corp. is a uranium-focused royalty and streaming company. The Company is focused on gaining exposure to uranium prices by making strategic investments in uranium interests, including royalties, streams, debt and equity investments in uranium companies, as well as through holdings of physical uranium. Its portfolio includes Anderson, Church Rock, Cigar Lake/Waterbury Lake, Dawn... see more

TSX:URC - Post Discussion

Uranium Royalty Corp > Quick insights on the latest trends on Uranium
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Post by sdhaka on Jul 12, 2024 4:30pm

Quick insights on the latest trends on Uranium

Hey everyone,
 
Here are some quick insights on the latest trends in uranium and nuclear energy:
 
- Rising Demand: Global demand for nuclear energy is surging, with states like Tennessee, Virginia, and Michigan pushing for more nuclear initiatives. 
 
- Uranium Prices: Prices have soared to $85.95 per pound, a 68% increase from last year. This is driven by demand, supply constraints, and geopolitical tensions.
 
-Supply Chain: With Russia producing 35% of the world’s enriched uranium, our supply chain is vulnerable. The World Nuclear Association projects demand could double by 2040. 
 
These were my insights from the research i conducted... i would like to know what you guys think for uranium's future price???
 
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