Citi predicts uranium price surge, recommends ‘Buy’ on Yellow Cake stock

Citi predicts uranium price surge, recommends ‘Buy’ on Yellow Cake stock

Citi recently initiated coverage on Yellow Cake Plc (YCA:LN) (OTC: YLLXF) stock, a company that provides investors with exposure to physical uranium, giving it a Buy rating and a price target of £7.50. Citi pointed out that Yellow Cake has doubled its uranium holdings since 2019 and expects a further 50% increase over the next … Read more