Cameco Jr.

RBC Analyst: Low Uranium Prices Could Turn Away Investors

This seems a bit slipshod, or worse disingenuous, on the part of RBC Capital. Less than 10% of the uranium sold goes out on the spot market. Term contracts continue to remain in the $90 range. This is coming from the mouths of Cameco and other uranium miners. If the spot market is such a small component of uranium sales overall, why such a focus on it by the analysts?