The uranium price is just below $80 per pound, with a tight supply situation and growing demand. The Sprott Physical Uranium Trust expects more institutional interest in 2025. The US Department of Energy has issued a $3. 4 billion tender for low enriched uranium, requiring US or allied sources. Uranium Energy Corp has resumed production, with significant expansions planned and positive assessments for its projects in Canada. Currently, the company has strong liquidity and no debt, attracting a Buy recommendation.
Market Update on Uranium and Why Uranium Energy is in an Excellent Position
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