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Uranium: The bull market everybody’s talking about - Patrick Poke

From livewiremarkets.com

Three years ago, uranium was 'The bull market nobody was talking about', as I wrote in my earlier wire. But in 2021, it's finally caught the attention of investors. While the metal itself bottomed in late 2016, for miners and hopefuls the recovery has been a slow and painful one. Until recently. As recently as November last year, an investor could’ve (theoretically) bought all the shares in every listed uranium company in the world for under US$12 billion. That’s approximately the market capitalisation of Santos today. And this is for an industry that supplies 10% of the world’s electrical power generation. 2021 has ... (full story)

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  • Category: Fundamental Analysis