StockNews.AI
CCJ
Forbes
3 days

Uranium Marching Towards $100/lb As Supply Squeezed

1. Demand for uranium is rising due to clean energy interest. 2. Cameco expects a production shortfall at McArthur River mine. 3. Uranium prices may reach $100/lb by next year, with a peak at $125/lb. 4. Heavy speculative buying is tightening the uranium market. 5. Small miners may struggle to fulfill long-term contracts.

5m saved
Insight
Article

FAQ

Why Very Bullish?

Strong demand and supply disruptions suggest significant upside potential for CCJ, akin to past price recoveries.

How important is it?

Investor focus on uranium as a clean energy source can boost CCJ’s stock performance.

Why Long Term?

Uranium prices are expected to remain elevated for 2-3 years, benefiting CCJ.

Related Companies

Related News