Sightful Invest
  • Business
  • Investing
  • Politics
  • Stock
Top Posts
Top 5 moments from Charlie Kirk’s memorial service...
Trump set to approve TikTok deal ensuring majority-American...
Harris is speaking. This time, she isn’t bending...
Hamas letter to Trump asks for 60-day ceasefire...
Trump must make UN funding conditional on real...
Democrats skip Charlie Kirk Arizona memorial after 58...
‘Due to overhelming support:’ Turning Point USA says...
Thune slams Democrats’ ‘cold-blooded partisan’ tactics as funding...
Macron stakes anti-Trump global role with Gaza initiative...
Trump assassination attempt suspect Ryan Routh questions first...
  • Business
  • Investing
  • Politics
  • Stock

Sightful Invest

Investing

Justin Huhn: Uranium Summer Slump Paves Way for Fall Price Growth

by admin October 11, 2024
October 11, 2024
Justin Huhn: Uranium Summer Slump Paves Way for Fall Price Growth

Despite starting the year strong with prices trending above US$106 per pound, uranium values have spent much of the last six months contracting.

“I’ve been following this market for about seven, pushing eight years,” Huhn said. ‘At this point, I’ve seen a lot of volatility, some screaming rallies, some extremely difficult to handle pullbacks and terrible sentiment on multiple occasions.’

He continued, “You know, we’ve got one or two of these 30 percent to 50 percent pullbacks every single year since I’ve been following this, and this year was no exception. But I would argue that the sentiment in the sector was worse than I’ve ever seen it this summer, which is extraordinary.”

Although prices have slipped around 20 percent since the January highs, they’ve stabilized above US$80 in early October.

The uranium insider expects prices to start moving higher this month. “The US utilities have a new budget, with the beginning of the fiscal year,’ he explained

Adding to that positive sentiment, Huhn also noted that the long-term outlook for nuclear and uranium demand is very positive, driven by factors like growth in data center electricity demand, support from major banks and tech companies, and policy initiatives from the US Department of Energy.

Watch the interview above for Huhn’s full overview of the uranium market and his expectations for uranium stocks.

Interview by Charlotte McLeod. Article by Georgia Williams.

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

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

This post appeared first on investingnews.com

previous post
GM ditching ‘Ultium’ name for batteries and tech amid EV changes
next post
TSMC Shatters Q3 Estimates with 36.5 Percent Revenue Increase

You may also like

Opawica Explorations Intersects Visible Gold at its Bazooka...

April 16, 2025

Deepest Holes Drilled at Second Fortune Outline Strong...

October 1, 2024

Basin Energy LtdInvestor Webinar and Presentation

August 27, 2025

BHP Activates Contingency Plan as Workers Strike at...

August 15, 2024

Seequent Unveils Evo: Using Open-source Tech to Reshape...

March 15, 2025

xReality Group Limited Chairman’s Address 2024 Annual General...

November 22, 2024

Kobo Resources Intersects 21.5 m at 1.14 g/t...

June 19, 2025

High-grade Figueira Resource Improves Financial Metrics of the...

October 22, 2024

Successful Due Diligence Ends – $20M Placement To...

August 25, 2025

First Helium: Advanced Stage, high-Value Oil, and Helium-enriched...

October 4, 2024

Recent Posts

  • Top 5 moments from Charlie Kirk’s memorial service in Arizona
  • Trump set to approve TikTok deal ensuring majority-American investor control: White House
  • Harris is speaking. This time, she isn’t bending to Biden’s bullies
  • Hamas letter to Trump asks for 60-day ceasefire deal to release half of hostages, sources say
  • Trump must make UN funding conditional on real reforms, ex-diplomat urges

    Sign up for our newsletter to receive the latest insights, updates, and exclusive content straight to your inbox! Whether it's industry news, expert advice, or inspiring stories, we bring you valuable information that you won't find anywhere else. Stay connected with us!


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

    Categories

    • Business (927)
    • Investing (3,032)
    • Politics (3,709)
    • Stock (4)
    • About us
    • Contact 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 © 2025 Sightful Invest. All Rights Reserved.