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Gold/Mining/Energy : Nuclear Power
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To: bull_dozer who wrote (162)10/31/2023 7:46:21 PM
From: bull_dozer  Read Replies (1) of 180
 
Hedge Funds Pile Into Uranium Stocks Set for ‘Dramatic’ Rise

Several hedge fund managers have started ratcheting up their exposure to uranium stocks, as they bet on significant price gains.
Terra Capital’s Matthew Langsford, Segra Capital’s Arthur Hyde, Argonaut Capital Partners’ Barry Norris and Anaconda Invest’s Renaud Saleur are among managers building bets on uranium companies such as Cameco Corp., Energy Fuels Inc., Ur-Energy Inc. and NexGen Energy Ltd.
Langsford, who runs a A$175 million ($110 million) natural resources fund at Sydney-based Terra Capital, says the outlook for uranium prices means “the equities could see dramatic upside, 50%, 100%, possibly more.”

bloomberg.com
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