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This week’s new 52-week lows… (Dec 12-18)This summary was created by AI, based on 1 opinions in the last 12 months.
Experts are bullish on uranium as a key metal for transitioning to cleaner energy, but caution that the price may already reflect this. Geopolitical risks and the pace of nuclear development are key factors. Buying on dips is recommended.
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.
Sprott Physical Uranium Trust (US$) is a Canadian stock, trading under the symbol U.U-T on the Toronto Stock Exchange (U.U-CT). It is usually referred to as TSX:U.U or U.U-T
In the last year, 1 stock analyst published opinions about U.U-T. 1 analyst recommended to BUY the stock. 0 analysts recommended to SELL the stock. The latest stock analyst recommendation is . Read the latest stock experts' ratings for Sprott Physical Uranium Trust (US$).
Sprott Physical Uranium Trust (US$) was recommended as a Top Pick by on . Read the latest stock experts ratings for Sprott Physical Uranium Trust (US$).
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.
1 stock analyst on Stockchase covered Sprott Physical Uranium Trust (US$) In the last year. It is a trending stock that is worth watching.
On 2024-12-13, Sprott Physical Uranium Trust (US$) (U.U-T) stock closed at a price of $17.65.
Uranium is very likely the most important metal to transition from burning carbon to doing less of it in the future. He's hugely bullish on it, though he has no way to forecast the price. Germany turned off all their nuclear generators, and now they're burning more coal than they ever have in history. Lots of geopolitical risk, as a huge amount of uranium comes out of Russia and Kazakhstan. Trump making friends with Putin matters, as does the pace of the world building out nuclear.
Concerned that lots of good news already priced in. Be cautious shorter term. Have to see if people are comfortable with smaller nuclear units in their backyards. If you buy, buy on dips.