Source - Alliance News

Yellow Cake PLC - Jersey-based investor in uranium - Net asset value grows 3.7% to £4.50 per share on September 30 from £4.34 on June 30. Notes triuranium octoxide spot price decreases over the quarter by 4.5% to $48.25 per pound from $50.50. Looking ahead, Chief Executive Officer Andre Liebenberg says: ‘Under its high-case scenario, world nuclear power generating capacity is forecast to more than double by 2050. The world is already consuming more uranium than it produces. Yellow Cake is well positioned to continue to drive shareholder value for the long term.’

Current stock price: 416.40 pence, down 4.7% on Monday

12-month change: up 19%

Copyright 2022 Alliance News Limited. All Rights Reserved.

Find out how to deal online from £1.50 in a SIPP, ISA or Dealing account. AJ Bell logo

Related Charts

Yellow Cake PLC (YCA)

+0.50p (+0.09%)
delayed 18:30PM