(Sharecast News) - Specialist uranium investor Yellow Cake reported a decline in the value of its holdings during the quarter ended 31 December on Tuesday, reflecting a drop in the uranium spot price.
Jonathan Hinze, UxC The only way investors could access physical uranium was “through an equity-based vehicle,” such as Yellow Cake PLC and ... the ounces of uranium oxide the tokens represent ...
There are now two funds that buy uranium (specifically, uranium oxide concentrate, known as yellow cake). The biggest is Sprott Physical Uranium Trust (Toronto: U-UN), created in July when Sprott ...