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What the “big picture” says about uranium stocks
Stockhouse reports on the uranium sector and uranium stocks.
Stockhouse reports on the uranium sector and uranium stocks.
The market news is quoted as saying:
To recap, uranium is the fuel that powers nuclear reactors. And uranium stocks of all kinds were decimated in March in response to the disaster many simply call “Fukushima.” Big blue-chip uranium producer Cameco fell 25% in just a few days. Smaller, more speculative uranium stocks fell 50% in the same time.
After seeing such a big haircut, any contrarian investor has to be interested in the possibility of buying uranium for a potential “bad to less bad” rally. So let’s take a look at where we stand today…
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MARKETS
COMMODITIES
Commodities | |||
---|---|---|---|
Gold | 2317.44 | -6.25 | |
Silver | 27.18 | -0.10 | |
Copper | 4.48 | -0.01 | |
Oil | 82.82 | +0.01 | |
Heating Oil | 2.56 | 0.00 | |
Natural Gas | 1.66 | +0.01 |
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