November bad for uranium stocks, good for spot prices

Uranium Investing News reports uranium spot price increased up to 20%, according to TradeTech though there were more turmoil in the credit scene.

Online financial news service FNArena reports twenty-four transactions were conducted in November, moving more than 4 million pounds U3O8 equivalent and buoying spot uranium prices from to US$55 a pound from US$46 a pound in a single month. November saw no transactions in the long-term uranium market, where term prices remained steady at US$70 a pound U3O8.

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