Long(er) term trade with 70%+ upside potentialPerhaps one of the most (in my opinion THE most) undervalued uranium stock in the market. Having shown some great reaction near the $1/20-$1.25 zone, in these levels the stock is a buy. With most analysts predicting increasing demand for Uranium and its peers trading way higher, URG is definitely a candidate for massive returns. Personally my average is near $1.11, but I recently re-bought at $1.19. Price target is over $2 (hopefully until EOY 2025). When price reaches $1.70+, it will be a point where I will consider to partially close my position, depending on market dynamics. The $1.40 mark acts as a very strong resistance!!
Wishing you successful trades and strong returns!
