☢️ Cameco Q2 results are in:
Strong uranium and fuel services performance, $308M in adjusted earnings, and a big boost from Westinghouse’s Czech reactor project.
Their expected average realized uranium price for 2025 is now $87/lb (up from $84).
#uranium#nuclear $CCJ $CCO
$EU
$EU broke out of its falling wedge on Friday with a bullish continuation candle, signaling a potential trend reversal.
This pattern reflects fading selling pressure, and the breakout suggests bulls are stepping in with growing conviction.
The strong follow-through may…
New Notable Politician Trade Alert ✍️
Rep. Chuck Fleischmann (R) just disclosed a new ~$15K buy of the Global Uranium ETF $URA
Uranium is a key component for the transition to Nuclear Energy
Why is this notable?
1) He's the chairman of the Energy & Water Development…
$CCJ - a note on technicals (very simplistic)
generally it has bounce when Stoch (bottom panel) gets into the 25 zone.
note that bulls have actually maintained a fairly small sell off versus previous trips to this lower bound. remains bullish for now
The first data on Kazakhstan's total #uranium production in 2024 are already available. Chinese JVs have not been able to reach the planned production. Sulfuric acid supply problems continue. It seems highly unlikely that Kazakhstan will reach its planned production in 2025, all…
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