Connect with us

Hi, what are you looking for?

Money And WelfareMoney And Welfare

Investing News

John Cash: Uranium Has Room to Run, but Expect “Tremendous” Volatility

In his view, it was the recent coup in Niger that woke market participants up to that growing imbalance.

However, there are many more market dynamics at play, and together they’re likely to push prices much higher long term.

‘I believe the market’s going to continue to improve over time, (but) I expect tremendous volatility based on news,’ he said. ‘There’s a tug-of-war on the price right now — it seems like it’s plateaued. But I think it’s got considerable room to run.’

Watch the interview above for more from Cash on the uranium market and Ur-Energy’s future plans.

Securities Disclosure: I, Charlotte McLeod, hold no direct investment interest in any company mentioned in this article.

This post appeared first on investingnews.com

You May Also Like

Stock News

In this episode of StockCharts TV‘s The Final Bar, Tony Dwyer of Canaccord Genuity talks Fed policy, corporate bond spreads, and why the level of interest...

Stock News

SPX Monitoring Purposes: Long SPX 8/9/23 at 4467.71. Long SPX on 2/6/23 at 4110.98: Sold 6/16/23 at 4409.59 = gain of 7.26%. Gain since...

World News

An hour before the public release of an indictment that alleges the former president of the United States led a criminal conspiracy to overturn...

Stock News

In this edition of StockCharts TV‘s The Final Bar, Dave shows how breadth conditions have evolved so far in August, highlights the renewed strength in the...