Posted by & filed under Economic Analysis.

Description: Don’t look now – but uranium prices rose almost seven percent in the latest quarter to around $40 US, making it one of the better-performing hard commodities. Joe Mazumder, analyst with Canaccord Genuity, says there is still an oversupply of uranium that is keeping prices from approaching pre-Fukushima levels.

Source: BNN.ca – video report

Date: Nov 29, 2013

Link: http://www.bnn.ca/News/2013/11/29/Uranium-quietly-gains-ground.aspx

Questions for Discussions:

  • What does this report suggest is the direction for uranium prices?
  • What are the major factors that will influence the future price of this commodity?
  • What are the risks to investors and miners?

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