Uranium Investing
John Ciampaglia: Uranium Turnaround? Spot Price Pop, Stocks and SPUT Raise
By Charlotte McLeodJun 26, 2025 08:00PM
Charlotte McLeod
With an eye for detail and over a decade of experience covering the mining and metals sector, Charlotte is passionate about bringing investors accurate and insightful information that can help them make informed decisions.
She leads the Investing News Network's video and event coverage, and guides a team of writers reporting on niche investment markets.
She leads the Investing News Network's video and event coverage, and guides a team of writers reporting on niche investment markets.
John Ciampaglia of Sprott Asset Management sees the uranium market entering a seasonally strong period after four to five months of malaise.
John Ciampaglia, CEO of Sprott Asset Management, discusses uranium supply, demand and pricing, also sharing details on the Sprott Physical Uranium Trust's (TSX:U.U,OTCQX:SRUUF) recently closed US$200 million bought-deal financing.
"It's clearly acted as a very positive catalyst — the spot price has popped, a lot of the equities have popped on this," he said about the agreement.
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Securities Disclosure: I, Charlotte McLeod, hold no direct investment interest in any company mentioned in this article.