“Precious metal investors are less worried about higher inflation and more focused on the opportunity costs associated with holding a non-interest bearing asset," analyst said.
Shares surged by 15% after the company announced that it is reviewing a number of strategic approaches, marking the latest sign of rampant dealmaking in the sector.
Uranium price tops $60 a pound first time since 2011 as World Nuclear Association predicts installed capacity to expand 70% by 2040 amid small modular reactor construction boom.