CCJ surged to fresh all-time highs this week, and if we are correct, this could be just the beginning for the largest global U company: its market cap. is around A$37bn, or about 10 times larger than Paladin (PDN). This Canadian-based business is the world’s largest listed Uranium producer, generating revenue approaching $A1bn a quarter while even paying a small dividend, making it a safer, more diversified vehicle to gain exposure to increasing U demand.
- We can see CCJ breaking above $US in the near future—MM holds CCJ in its International Companies Portfolio.
MM is long and bullish CCJ medium and long term
Add To Hit List
