Centrus (LEU.US) stock price declines after Russia cancels export license for low-enriched uranium.
Russia has canceled the export license for low-enriched uranium to the usa, causing Centrus's stock price to fall.
Morgan Stanley: It is time to be bullish on uranium prices.
Morgan Stanley stated that the decline in mining output has reduced global uranium supply. Additionally, Russia has issued a ban on the export of enriched uranium to the usa, and if the eu is also included in the ban, it may exacerbate the tightness of global uranium supply.
Lake Street Maintains Centrus Energy(LEU.US) With Buy Rating, Maintains Target Price $154
Lake Street Keeps Their Buy Rating on Centrus Energy (LEU)
Centrus Slides as Russia Cancels License to Export Low-enriched Uranium to U.S.
Russia's 'uranium restrictions', nuclear power stocks surge, hedge fund king Griffin provides assistance: I have invested in nuclear power, this is the future
Russia's restriction on the export of concentrated uranium to the usa may pose supply risks to the utilities operating american reactors, which supply nearly one-fifth of the usa's electrical utilities. Last month, Griffin participated in a $0.5 billion financing for the small modular reactor (SMR) developer X-Energy, led by amazon.