How to Benefit From Expected Bull Market in Uranium

Seeking Alpha(editorial) reports on the uranium market and its recent price increase.

The editorial is quoted as saying:

The top two producers of uranium are Canada and Kazakhstan, with the latter recently overtaking Canada as the world’s top producer. Market data seems to indicate that current supply is sufficient for demand but does not account for the proposed demand increases.

Although there is no formal exchange for uranium to be traded, there are a number of industry consulting companies that perform market analytics. Examining their data spot uranium prices, they have been steadily increasing from around $40 per lb mid year to recently, $55 per lb.

Click here to access the entire editorial.