Berenberg stays at 'buy' on Yellow Cake on tight supplies and supply risk
16th Apr 2024 13:13
(Sharecast News) - Analysts at Berenberg stood by their 'buy' recommendation for shares of Yellow Cake, the uranium oxide concentrate holding company, following a fireside chat with its boss, Andre Liebenberg.
Read moreYellow Cake value tops $2bn after strong fourth quarter
24th Jan 2024 11:23
(Sharecast News) - Uranium investor Yellow Cake reported a robust performance for the December quarter on Wednesday, as its value reached and surpassed the $2bn level.
Read moreBerenberg raises target price on Yellow Cake
18th Jan 2024 09:46
(Sharecast News) - Analysts at Berenberg raised their target price on uranium group Yellow Cake from 744.0p to 883.0p on Thursday following a fireside chat with chief executive Andre Liebenberg and Dustin Garrow, managing principal at Nuclear Fuel Associates and chief commercial officer of 308 Services.
Read moreYellow Cake swings to profit as uranium holdings grow
6th Dec 2023 08:23
(Sharecast News) - Uranium investor Yellow Cake reported physical uranium holdings of 20.16 million pounds in its interim report on Wednesday, up from 18.81 million pounds.
Read moreYellow Cake reports solid September quarter performance
31st Oct 2023 10:44
(Sharecast News) - Specialist uranium investor Yellow Cake described a solid performance for the September quarter on Tuesday, reporting that the uranium spot price experienced a notable increase of 31.3% from $56 per pound on 30 June to $73.50 on 30 September.
Read moreCanaccord Genuity raises target price on Yellow Cake
10th Oct 2023 13:11
(Sharecast News) - Analysts at Canaccord Genuity nudged up their target price on Jersey-based uranium-focused company Yellow Cake from 635.0p to 645.0p on Tuesday following the exercise of the group's 2023 uranium purchase option with Kazatomprom.
Read moreBerenberg hikes Yellow Cake target by 20%
3rd Oct 2023 09:48
(Sharecast News) - Berenberg has hiked its target price for Yellow Cake by nearly 20%, after the uranium developer raised $125m in a share placing last week.
Read moreYellow Cake takes delivery of 1.35m pounds of uranium
2nd Oct 2023 13:04
(Sharecast News) - Long-term uranium investor Yellow Cake confirmed on Monday that on 30 September, it took delivery of 1,350,000 pounds of triuranium octoxide from Kazatomprom.
Read moreBofA raises target for Yellow Cake on outlook for uranium prices, Chinese demand
10th May 2023 15:25
(Sharecast News) - Analysts at Bank of America revised their target price for shares of uranium investment company Yellow Cake higher.
Read moreYellow Cake describes strong first quarter as uranium prices rise
26th Apr 2023 09:01
(Sharecast News) - Specialist uranium investor Yellow Cake said in an update on Wednesday that its estimated net asset value per share increased 2% over the first quarter, to £4.23 per share as at 31 March from £4.15 per share on 31 December.
Read moreBerenberg slightly raises target price on Yellow Cake following 'timely acquisition'
8th Feb 2023 09:35
(Sharecast News) - Analysts at Berenberg slightly raised their target on uranium business Yellow Cake from 543.0p to 552.0p on Wednesday following a "timely acquisition" by the group.
Read moreYellow Cake launches 15m share placing
3rd Feb 2023 07:35
(Sharecast News) - Uranium group Yellow Cake announced a placing of 15.0m new ordinary shares with existing and new institutional investors at a fixed price of £4.12 per share via an accelerated bookbuild.
Read moreFall in uranium prices drags on Yellow Cake's net asset value
7th Dec 2022 15:48
(Sharecast News) - Uranium investor Yellow Cake reported an increase in its physical uranium holdings in its first-half on Wednesday, to 18.81 million pounds of triuranium octoxide, from 15.83 million pounds.
Read moreFall in uranium prices hits Yellow Cake in September quarter
31st Oct 2022 11:37
(Sharecast News) - Long-term uranium investor Yellow Cake reported an estimated net asset value of £4.50 per share, or $920.6m as at 30 September.
Read moreYellow Cake pleased with June quarter performance
28th Jul 2022 17:15
(Sharecast News) - Long-term uranium investor Yellow Cake reported an estimated net asset value of 434p per share, or $964.5m, at the end of its second quarter on Thursday, consisting of 18.81 million pounds of triuranium octoxide valued at a spot price of $50.50 per pound, and cash and other current assets and liabilities of $14.8m.
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