The Uranium Upside
- By Nick Lawson
- 4 min read
Summary
- Recent news on uranium and the evolving macro backdrop leave us bullish on the heavy metal.
- Biden is considering banning Russian uranium, and Bill Gates’ nuclear energy company is refusing to purchase from Russia.
- Meanwhile, several countries are clinging to nuclear for their power needs.
Market Implications
- To express this view, investors might consider SPUT and Yellow Cake Plc. The latter in particular looks to be trading at a discount and has an attractive risk-reward profile.
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Don’t seem to have access to YCA on Fidelity. YLLXF the same thing?
Hi Aydin, I think YLLXF pretty thin liquidity might be issue. U-U in Canada? Or for company exposure, I like UEC, but can also look at URC royalty exposure or CCJ the big standard uranium company