Page 39 - Yellow Cake News Today : Breaking News, Live Updates & Top Stories | Vimarsana

By Christian Moess Laursen Yellow Cake said the value of its physical uranium held and its net asset value per share jumped in the fourth quarter, boosted by...

Yellow Cake (LON:YCA – Get Free Report)‘s stock had its “buy” rating reiterated by research analysts at Berenberg Bank in a report issued on Wednesday, Digital Look reports. They presently have a GBX 883 ($11.22) target price on the stock. Berenberg Bank’s target price would suggest a potential upside of 21.29% from the stock’s previous […]

Governments appear to have finally grasped that nuclear power is the only cheap and reliable low-carbon power available.

The price of uranium has increased by 90% in 12 months, surpassing its cost in 16 years. Shutting down a nuclear power plant is costly and time-consuming, with daily costs reaching $1 million. However, the demand for uranium is rising due to the need for low-carbon power sources. Countries like France and the UK are reconsidering nuclear energy and expanding capacity. The global uranium supply is facing a deficit, with a shortage of enriched uranium as well. Hedge funds, ETFs, governments, and utilities are all vying for uranium, leading to price increases in the market.

The following London-listed shares received analyst recommendations Thursday morning and Wednesday: ---------- FTSE 100 ---------- Bank of America raises Smith & Nephew price target to 1,320 pence -...