Price of Uranium Reverses Downward Trend w COVID-19

Government-imposed shutdowns intended to mitigate the spread of the coronavirus are having an unexpected impact on the price of uranium, which is used to fuel nuclear power stations.

After a long downward trend, the price of uranium per pound rose 20% in March. An article in the FT reports: "Such a rise since a recent low is the common definition of a bull market."

Click on the link below for a very interesting read.

Source: Neil Hume | “Uranium enters bull market after Covid-19 hits supply” | The Financial Times | 4/8/2020 | Visit

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