Investment Banks & Hedge Funds Stepping Up Activity in Physical Uranium as Prices Spike
Uranium Energy Corp. (UEC)
NASDAQ:AMEX Investor Relations:
uraniumenergy.com/invest
Company Research
Source: PR Newswire
FN Media Group News Commentary PALM BEACH, Fla., May 7, 2024 /PRNewswire/ -- An article from REUTERS on the Uranium markets earlier this year painted a prosperous picture for the global Uranium. The report said: "Investment banks Goldman Sachs and Macquarie as well as some hedge funds are positioning themselves to reap the benefits of a newly buoyant uranium sector as prices of the nuclear fuel ingredient spike. While many other investment banks are still avoiding uranium, Goldman and Macquarie are boosting trading in physical uranium and in Goldman's case trading its options as well, five industry and hedge fund sources with knowledge of the deals said. The heightened activity comes as utilities seek new supplies amid shortfalls that have lifted prices to 16-year highs." It continued: "A few hedge funds are also stepping up involvement in both equities and physical uranium, a sign that the metal is starting to broaden its appeal to financial institutions after a decade in the doldrum
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- Bedford Metals Engages Grander Exploration for Ubiquity Lake Uranium Project Exploration Program [Yahoo! Finance]Yahoo! Finance
- Uranium Energy (UEC) Laps the Stock Market: Here's Why [Yahoo! Finance]Yahoo! Finance
- TONOGOLD Announces that Its Merger Partner has Added to Its Uranium Portfolio [Yahoo! Finance]Yahoo! Finance
- Buy Uranium Energy as uranium demand set to double: Strategist [Yahoo! Finance]Yahoo! Finance
UEC
Earnings
- 3/8/24 - In-Line
UEC
Sec Filings
- 5/1/24 - Form 8-K
- 4/26/24 - Form SD
- 4/2/24 - Form 10-K/A
- UEC's page on the SEC website