Sightful Invest
  • Business
  • Investing
  • Politics
  • Stock
Top Posts
US-backed Gaza aid group launches bold new system...
Biden doctor pleads the Fifth in speedy House...
Watchdog backs Rubio’s sanctions on UN official over...
Trump taps Sean Duffy to serve as interim...
Trump cautioned Putin he would ‘bomb the s—‘...
I worked for the most successful third party...
‘Gut check time’: Dissent among Senate GOP ranks...
New book reveals what Obama and ‘conqueror’ Trump...
Trump had very unexpected convo with Obama at...
10 reasons the DOJ and FBI face backlash...
  • Business
  • Investing
  • Politics
  • Stock

Sightful Invest

Investing

Fund Managers: “Highly Constructive” on Uranium Price, Stocks We’re Focusing on Now

by admin September 25, 2024
September 25, 2024
Fund Managers: “Highly Constructive” on Uranium Price, Stocks We’re Focusing on Now

Keith Watson and Rob Crayfourd, co-fund managers at the Geiger Counter Fund, shared their outlook on uranium supply, demand and prices, plus which companies they think have the most potential moving forward.

While acknowledging the recent price pullback, the experts said the sector’s long-term outlook is positive.

‘Ultimately we’re at the very start of what we expect to be a longer-term imbalance in supply vs. strong demand, and therefore a very healthy price outlook for the sector,’ Watson explained during the interview.

When asked about the Geiger Counter Fund’s focus, Crayfourd highlighted the Athabasca Basin in Saskatchewan, Canada, saying it’s a tier-one jurisdiction that’s home to a slew of strong uranium assets.

‘We think that those projects, particularly Canadian assets that are uncontracted and able to participate in the upside that we see in the market going forward, are best placed,’ he noted. The fund has a heavy weighting toward NexGen Energy (TSX:NXE,NYSE:NXE), Fission Uranium (TSX:FCU,OTCQX:FCUUF) and IsoEnergy (TSX:ISO,OTCQX:ISENF).

Watson added that it also has exposure to US companies with small but reasonable production profiles that are in the process of starting or restarting output, as well as leverage via stocks with slightly higher-cost deposits.

Watch the interview above for more of their thoughts on uranium stocks, as well as the outlook for the commodity.

Securities Disclosure: I, Charlotte McLeod, hold no direct investment interest in any company mentioned in this article.

This post appeared first on investingnews.com

previous post
Sarama Resources Updates on Progress of Cosmo Gold Project Acquisition
next post
Fox News Power Rankings: Harris ticks up and Senate Republicans take charge

You may also like

SAGA Metals Announces Non-Brokered Private Placement and Provides...

May 3, 2025

StrategX Discovers High-Grade Copper at East Arm, Great...

February 20, 2025

CENTURY LITHIUM CHANGES PROJECT NAME TO ANGEL ISLAND...

July 23, 2024

Crypto Market Recap: Grayscale Debuts Bitcoin ETFs, SEC...

April 4, 2025

PDAC 2025: Investment Capital, AI Energy Demand and...

March 12, 2025

Agreement with Vytas Ltd for High Purity Assay...

November 28, 2024

Radiopharm Theranostics Targets Nasdaq Listing by End of...

July 26, 2024

Could the Silver Price Really Hit $100 per...

January 3, 2025

Coelacanth Energy Inc. Announces Operations Update

December 3, 2024

Troy Minerals Completes Infill Soil Sampling at Lac...

October 4, 2024

Recent Posts

  • US-backed Gaza aid group launches bold new system to deliver food directly to families
  • Biden doctor pleads the Fifth in speedy House closed-door interview
  • Watchdog backs Rubio’s sanctions on UN official over ‘shameful efforts’ targeting US, Israel
  • Trump taps Sean Duffy to serve as interim NASA chief
  • Trump cautioned Putin he would ‘bomb the s—‘ out of Moscow if Russia invaded Ukraine, new book claims

    Become a VIP member by signing up for our newsletter. Enjoy exclusive content, early access to sales, and special offers just for you! As a VIP, you'll receive personalized updates, loyalty rewards, and invitations to private events. Elevate your experience and join our exclusive community today!


    By opting in you agree to receive emails from us and our affiliates. Your information is secure and your privacy is protected.

    Categories

    • Business (819)
    • Investing (2,497)
    • Politics (3,095)
    • Stock (4)
    • About us
    • Privacy Policy
    • Terms & Conditions

    Disclaimer: sightfulinvest.com, its managers, its employees, and assigns (collectively “The Company”) do not make any guarantee or warranty about what is advertised above. Information provided by this website is for research purposes only and should not be considered as personalized financial advice. The Company is not affiliated with, nor does it receive compensation from, any specific security. The Company is not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendation. Any investments recommended here should be taken into consideration only after consulting with your investment advisor and after reviewing the prospectus or financial statements of the company.

    Copyright © 2024 Sightful Invest. All Rights Reserved.