Which Uranium ETF to Play the Energy Crisis?
With energy issues poised to be even worse next winter, a Uranium ETF could be a smart play for thoughtful investors.
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With energy issues poised to be even worse next winter, a Uranium ETF could be a smart play for thoughtful investors.
Nuclear power is gradually shedding the stigma attached to it, helped by significant improvements in technology and safety measures.
This has been a tumultuous year for your Company with the dramatic impact of the Covid-19 Pandemic causing a very steep decline in the underlying net asset value during the six-month period from 30 September 2019 to 31 March 2020. Although the Uranium spot price in the market remained in a narrow range between US$24 to US$26 per pound for most of the period, equities came under severe pressure in February and March 2020 as the initial market panic from the onset of Covid-19 was felt. For the six months to 31 March 2020 the Company's net asset value fell by 37.2 per cent and th...