Uranium Rally Won’t Last

Resource Investing News

Financial Post reported RBC Capital Markets Analyst, Adam Schatzker says uranium stocks rally can’t last since the spot price has been stuck since last March.

Financial Post reported RBC Capital Markets Analyst, Adam Schatzker says uranium stocks rally can’t last since the spot price has been stuck since last March.

RBC Capital Markets Analyst, Adam Schatzker said:

While we too think there will be a bull market in the future, it is likely that this rally is somewhat premature and that recent gains may be pared back if the uranium spot price does not back up the equity gains.

Click here to read the full Financial Post report.

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