Spot Uranium Stabilizes At $43.50 A Pound

Platts reported uranium’s spot price stabilizes over the week.

As quoted in the market news:

The spot price of uranium appeared to stabilize over the past week at, or just under, $43.50/lb U3O8, according to several analysts.

But there remains a sense among analysts that the price will continue to be under some downward pressure, given that supplies appear to be more than adequate to cover very discretionary demand.

Click here to read the full Platts report.

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Kivalliq Energy Corporation

Kivalliq Energy Corporation (TSXV:KIV) holds Canada’s highest-grade uranium resource outside of Saskatchewan, the 105,280 hectare Angilak Property in Nunavut Territory.

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