Uranium’s decline isn’t done

The Uranium (UxC futures) price ($65.35 on Comex at time of writing) has registered an oversold reading as per my my weekly edition of my Macro Extremes publication.

Following a 41% decline over the past 12 months,

I think the #uranium price can still fall a further 15%.

and then whatever than extrapolates into the stock price of operating companies in the sector.

February 23, 2025

rob@karriasset.com.au