Thoughts on uranium stocks please

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Question asked 16/09/2023

Thoughts on uranium stocks please

Hi James and Team Can I have your view on Uranium stocks - Thursday saw a surge in prices. You hold PDN in your growth and Emerging portfolios as your preferred exposure but can I have your view on BOE and EL8. Also would you consider the ETF - URNM at current prices for exposure. regards

Answer

Hi,

Great timing! We covered this question Fridays What Matters Today Report: Uranium storms higher; should we own more?

We are bullish towards uranium and its respective stocks/ETF’s, the ideal vehicle will depend on an investors specific needs, currently MM holds Paladin (PDN) in two portfolios and Cameco (CJJ) in our International Equities Portfolio.

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Uranium ($US/lb)

LAST UPDATED 15/09/2023 11:57

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