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Tag: buy uranium

1
Oct

Uranium prices have been rising. Is the controversial metal a buy?

After a 14-year bear market, the uranium meltdown is showing signs it could be over. Uranium prices peaked at US$140 per pound in 2007 before sliding down as low as US$16 per pound in 2016. Since these lows the price has been trending arduously higher, between $20-30 per pound, but with no real catalysts to increase investor sentiment and spur a significant breakout.