Uranium spot price to stay around US$40: RCR
Investing News Network - March 31st, 2010
AJM reports RCR has predicted spot price of uranium will trade between US$40/lb and US$45/lb for some time.
The uranium spot price is currently trading at US$41.25/lb, down 8 per cent from three months ago (US$45.00/lb) and compares with US$52.50/lb at year end December 2008.
The Fund Implied Price (FIP) is US$42.50/lb, which compares with US$41.40/lb at […]
AJM reports RCR has predicted spot price of uranium will trade between US$40/lb and US$45/lb for some time.
The uranium spot price is currently trading at US$41.25/lb, down 8 per cent from three months ago (US$45.00/lb) and compares with US$52.50/lb at year end December 2008.
The Fund Implied Price (FIP) is US$42.50/lb, which compares with US$41.40/lb at year end December 2008.