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This summary was created by AI, based on 1 opinions in the last 12 months.

The reviews highlight the controversy surrounding uranium hoarding by financial services and the uncertainty around ETF suffixes, especially on the TSX. It is noted that the Sprott Uranium Physical Trust offers a way to gain exposure to uranium, but caution is advised due to potential inconsistencies with the ETF suffixes. Overall, there seems to be a lot of uncertainty and caution surrounding this stock.

Consensus
Uncertain
Valuation
Fair Value
TOP PICK

Exchange traded product, but can trade away from NAV. Largest physical Uranium investment fund. A.I. and tech will require a lot of energy. Traditional energy sources not able to provide enough energy supply. Nuclear technology getting better - will be source of energy going forward. 

Mining
RISKY

Not actually ETFs. At the centre of a firestorm whether uranium is being hoarded by financial services. A way to get uranium exposure.

Be careful with the alphabet soup of ETF suffixes when placing your trades, especially on the TSX. Sometimes it can mean USD series or currency hedged, but it's not consistent.

Mining
BUY
Outlook for uranium is positive. He'd look at the Sprott U.UN, which is a direct play on uranium prices, rather than the producers.
Mining
BUY
Cameco question Sprott Uranium Physical Trust (U.UN-T which he owns) which buys spot uranium which Sprott recently took over and recently raised $300 million in an at-the-market offering in order to buy spot uranium. This is an illiquid market, so spot uranium is a self-fulfilling price move. Utilities will get caught short on this move. He doesn't like Cameco because it's expensive, volatile with spotty earnings. Balance sheet is fine, but missed its last quarter. The stock has moved up with the price of spot uranium. Watch the uranium move, which is in its early days, but he prefers U.UN itself.
Mining
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Sprott Uranium Physical Trust(U.UN-T) Rating

Ranking : 4 out of 5

Bullish - Buy Signals / Votes : 1

Neutral - Hold Signals / Votes : 0

Bearish - Sell Signals / Votes : 0

Total Signals / Votes : 1

Stockchase rating for Sprott Uranium Physical Trust is calculated according to the stock experts' signals. A high score means experts mostly recommend to buy the stock while a low score means experts mostly recommend to sell the stock.

Sprott Uranium Physical Trust(U.UN-T) Frequently Asked Questions

What is Sprott Uranium Physical Trust stock symbol?

Sprott Uranium Physical Trust is a Canadian stock, trading under the symbol U.UN-T on the Toronto Stock Exchange (U.UN-CT). It is usually referred to as TSX:U.UN or U.UN-T

Is Sprott Uranium Physical Trust a buy or a sell?

In the last year, 1 stock analyst published opinions about U.UN-T. 1 analyst recommended to BUY the stock. 0 analysts recommended to SELL the stock. The latest stock analyst recommendation is . Read the latest stock experts' ratings for Sprott Uranium Physical Trust.

Is Sprott Uranium Physical Trust a good investment or a top pick?

Sprott Uranium Physical Trust was recommended as a Top Pick by on . Read the latest stock experts ratings for Sprott Uranium Physical Trust.

Why is Sprott Uranium Physical Trust stock dropping?

Earnings reports or recent company news can cause the stock price to drop. Read stock experts’ recommendations for help on deciding if you should buy, sell or hold the stock.

Is Sprott Uranium Physical Trust worth watching?

1 stock analyst on Stockchase covered Sprott Uranium Physical Trust In the last year. It is a trending stock that is worth watching.

What is Sprott Uranium Physical Trust stock price?

On 2024-07-23, Sprott Uranium Physical Trust (U.UN-T) stock closed at a price of $25.06.