Uranium Price

Uranium does not trade on an open market like other commodities. Buyers and sellers negotiate contracts privately.

Cameco calculates industry average prices from the month-end prices published by UxC and TradeTech. Long-term prices prior to May 2004 are not industry-averages, but are from TradeTech only.

Spot Price

20192020202120222023
Jan28.9024.6329.6343.0850.63
Feb28.0024.8027.9848.7550.93
Mar25.3327.3530.9558.2050.48
Apr25.2033.2528.9053.0052.93
May24.0533.9331.4047.7554.55
Jun24.6032.8032.2549.7556.10
Jul25.3832.4532.4047.7556.38
Aug25.3030.8534.2551.2559.93
Sep25.6829.9342.6048.38-
Oct24.2529.7045.2052.28-
Nov26.0529.6845.7549.88-
Dec24.9330.2042.0547.68-

Long-term Price

20192020202120222023
Jan32.0032.5034.5042.8852.50
Feb32.0032.5033.7543.8853.00
Mar32.0032.5033.7549.0053.00
Apr32.0036.0033.7550.0053.50
May31.0035.5033.5050.7555.00
Jun31.5035.5033.5051.5056.00
Jul31.5036.0033.5051.5056.88
Aug31.0035.0034.2551.5059.00
Sep31.5035.0042.5051.00-
Oct31.5035.0043.0051.00-
Nov32.5035.0043.0052.00-
Dec32.5035.0042.7552.00-