Bank hits uranium snooze button

CREDIT Suisse has pushed back its estimate of when the uranium market will come into balance by six years to 2028, and as a result is chopping its long-term uranium forecast and slashing shares of Canadian producer Cameco Corp (CN:CCO). By Cameron French in Toronto

Bank hits uranium snooze button Bank hits uranium snooze button Bank hits uranium snooze button Bank hits uranium snooze button Bank hits uranium snooze button

Credit Suisse made the call after cataloguing potential nuclear reactor additions and their requirements over the next 18 years to get a better sense of demand.