Uranium shares are due for a lift, says BMO's Ed Sterck, helped by consolidation in the...

|By:, SA News Editor

Uranium shares are due for a lift, says BMO's Ed Sterck, helped by consolidation in the short-term and a looming supply gap as Japan restarts reactors and China begins issuing new reactor licenses. Forgetting uranium's price, the "derisked" outlook for nuclear energy could gain the investment community's attention and increase multiples for producers. URA -42% Y/Y.