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YCA Yellow Cake Plc

562.50
-7.50 (-1.32%)
Last Updated: 08:32:40
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Yellow Cake Plc LSE:YCA London Ordinary Share JE00BF50RG45 ORD GBP0.01
  Price Change % Change Share Price Shares Traded Last Trade
  -7.50 -1.32% 562.50 27,948 08:32:40
Bid Price Offer Price High Price Low Price Open Price
562.00 563.00 566.00 561.50 566.00
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
Uranium-radium-vanadium Ores USD USD 727.01M USD 3.3525 1.68 1.24B
Last Trade Time Trade Type Trade Size Trade Price Currency
08:32:40 AT 141 562.50 GBX

Yellow Cake (YCA) Latest News

Yellow Cake (YCA) Discussions and Chat

Yellow Cake Forums and Chat

Date Time Title Posts
18/11/202417:44Yellow Cake2,331

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Yellow Cake (YCA) Most Recent Trades

Trade Time Trade Price Trade Size Trade Value Trade Type
08:32:40562.50141793.13AT
08:32:40562.5071399.38AT
08:31:29562.5025140.63AT
08:31:27562.001161.82AT
08:31:27562.004302,416.60AT

Yellow Cake (YCA) Top Chat Posts

Top Posts
Posted at 21/11/2024 08:20 by Yellow Cake Daily Update
Yellow Cake Plc is listed in the Uranium-radium-vanadium Ores sector of the London Stock Exchange with ticker YCA. The last closing price for Yellow Cake was 570p.
Yellow Cake currently has 216,856,447 shares in issue. The market capitalisation of Yellow Cake is £1,220,901,797.
Yellow Cake has a price to earnings ratio (PE ratio) of 1.68.
This morning YCA shares opened at 566p
Posted at 07/11/2024 16:49 by mjneish
Could anyone suggest a website that provides the uranium spot price and chart and also the forward contract value? The one that I've been using on the Numerco site has vanished. Thanks.
Posted at 06/11/2024 09:00 by bulltradept
The Donald got to be good for YCA, given he stated they need Nuclear on the Joe Rogan show?
Posted at 21/10/2024 07:14 by aishah
Quarterly Update today:
Andre Liebenberg, CEO of Yellow Cake, said:

"Though the uranium spot price remains subdued from its January highs, we remain very optimistic about the medium term sector fundamentals. Demand for uranium is growing driven by improving awareness of the need for nuclear power as part of the future energy mix, while nuclear is also seen as critical to supporting the artificial intelligence boom and the development of hyperscale data centers. Microsoft, for example, recently signed an agreement with Constellation Energy to purchase energy from the Three Mile Island Unit 1 nuclear plant in Pennsylvania. Amazon announced three new agreements to support the development of nuclear energy projects, including the construction of several new Small Modular Reactors. We are also seeing a fundamental global shortage of uranium while in the US governmental actions including the total ban on Russian nuclear fuel imports, subject to potential waivers through 2027, and Chinese uranium products being added to the increased import tariff list potentially impacting availability. These factors have exacerbated the already tight global uranium supply shortage, with primary mine supply of 140 million pounds some way behind fast-growing global annual demand of over 180 million pounds to fuel the world's nuclear reactors. We believe this presents an excellent opportunity for investors to increase their exposure to the commodity."

Read on X earlier that a broker had initiated YCA as a Buy.
Posted at 18/10/2024 17:49 by 7kiwi
YCA, broadly speaking tracks the spot price of Uranium, but the discount to NAV can move which means that doesn't always work.

Cameco is a complex company. Primarily it's a miner and you might expect miners to have a geared response to the spot price. But Cameco also has exposure to conversion to UF6 and owns nearly half of Westinghouse which complicates matters.

It's also the largest cap western company with exposure to the nuclear cycle so is favoured by international institutions because of its liquidity.
Posted at 18/10/2024 17:17 by sumday
I think YCA rose by about 10%. I wonder why the divergence.
Posted at 18/10/2024 15:26 by alpal2
Bought Cameco at the same time as YCA. Why is it doing better than this. Both holders of Uranium for nuclear?
Posted at 13/8/2024 08:38 by aishah
@quakes99

Plenisfer Investments SGR SpA of Milan, Italy, are buying up shares of Physical #Uranium Fund Yellow Cake PLC $YCA in London🇬463; at $63/lb #U3O8 ⚛️ϡ5;️🛒 acquiring over 6.7 Million shares to become a new 3.1% major holder of $YCA shares.
Posted at 29/7/2024 06:20 by bountyhunter
The grant date is 26 July 2024. The options may be exercised from 3 years time if/when the target price of 648p is met. 648p will be "the estimated Net Asset Value per share at grant" as the higher of the two possibilities in the sentence you quoted.

So my understanding is that if the share price has at least caught up with the NAV (on 26 July 2024 of 648p) in 3-10 years time then the options may be exercised at that time.
Posted at 20/1/2024 10:40 by 7kiwi
MrN.

Kazatomprom is already under significant influence from Russia and China.

According to this press report, China has contracts for 60% of Kaz production and Russia 26%, leaving just 14% for the west. Iirc, even Cameco did a deal to sell some of its share of Inkai production to China.

The option with KAP was and is valuable, but even if the option is somehow terminated early, I don't really see how that negatively impacts YCA's share price. It would underline the scarcity of western material and push up the per pound price, pushing up YCA's NAV per share. It's NAV per share matters far more than total NAV of the company.

As I said before, my own view is that at some point YCA will be taken out by a consortium of producers and/or utilities. There's a 30-50m lb p.a. structural deficit in the market for the next few years. YCA's 21m lbs will help mitigate the deficit in one of those years. It would have to at least be at NAV though for shareholders to approve such a deal.
Posted at 28/9/2023 19:42 by bountyhunter
There's a big US dependency on Russian Uranium imports to break based on what I have read ...but maybe things are moving on there now?



The current situation appears to be more than a little concerning generally speaking, although will probably help the YCA share price going forwards?

"Western governments have avoided sanctioning Rosatom for obvious reasons. But their over reliance on Russian uranium comes with a huge risk because most utilities only keep about 18 months of fuel inventory, meaning their nuclear sectors would face a meltdown if Putin suddenly decided to stop doing business with them."
Yellow Cake share price data is direct from the London Stock Exchange

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