- USEC (USU +40.2%) and uranium peers are surging again, but industry fundamentals tell a different story, TD Securities says, as Japan's restart process could be "a lot more protracted" than originally thought.
- In recent years, the uranium spot price (URA) found support whenever it fell to $40/lb. but prices have plunged 14% in two months to $34.50, lowest since 2006.
- URRE +30.6%, URZ +12.6%, but industry leader CCJ -3%.
Uranium companies surge even as spot prices sink
Jul 29 2013, 10:59 ET