IN BRIEF: Yellow Cake full-year profit surges on strong uranium demand
22nd Jul 2022 12:22
Yellow Cake PLC - Jersey-based investor in uranium - Net asset value per share stands at GBP4.42 at March 31 year end, up 86% from GBP2.38 per share the year before. Net asset value as at March 31 more than doubles to USD1.07 billion from USD421.4 million. Pretax profit multiplies to USD417.3 million from USD29.9 million the year before. Attributes growth to the continued rise in the price of uranium and strong demand for uranium investments. Declares no dividends for the year, unchanged from the prior year. Read More