Despite the multiyear lows in Uranium, it seems that stocks like U are not having enough capital to take it higher, in the opposite, investors are selling out to invest elsewhere, perhaps looking for more attractive yields.
I think Uranium Participation will revisit much lower levels, perhaps around $3.5 in 6-9 months, until the whole Uranium sector changes direction.
The uranium sector is showing mix signals with some indicators showing a break, but reality minor stocks such as U are struggling.
I think Uranium Participation will revisit much lower levels, perhaps around $3.5 in 6-9 months, until the whole Uranium sector changes direction.
The uranium sector is showing mix signals with some indicators showing a break, but reality minor stocks such as U are struggling.