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Uranium Spot Price Soars to 16-yr High; CGN MINING Breaks through Ceiling
Uranium spot prices climbed to just over US$103 per pound on Monday (15th), hitting a 16-year high since 2007, foreign media quoted Numerco's data as saying. Uranium prices roc...
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Uranium Spot Price Soars to 16-yr High; CGN MINING Breaks through Ceiling
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Uranium spot prices climbed to just over US$103 per pound on Monday (15th), hitting a 16-year high since 2007, foreign media quoted Numerco's data as saying. Uranium prices rocketed by about 90% over 2023, due to a lack of supply in the market.

Uranium is the main fuel for nuclear power plants. Hong Kong-listed CGN MINING (01164.HK)  +0.100 (+5.882%)    Short selling $26.71M; Ratio 15.922%   , which rose for 5 consecutive days and once hit an historical high of $2.11 in today's intraday trading, last swelled 3% to $2.05. Turnover amounted to $77.379 million.
(HK stocks quote is delayed for at least 15 mins.Short Selling Data as at 2024-10-18 16:25.)

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