Delbrook Thinks Uranium Miners Could Disappoint

The uranium LP returned 6.5% in March, according to a copy of the firm’s monthly investor update, which ValueWalk has been able to review. Q1 2021 hedge fund letters, conferences and more After this performance, the fund has returned 13.1% for the first three months of 2021 as a whole. This double-digit positive performance builds on the fund’s substantial gains in 2020. Last year, Delbrook Resource Opportunities added 129%. It returned 46% in 2019. Its Sharpe ratio since inception is 2.6. M&A drives returns in 2021 According to the update, Delbrook has benefitted from the accelerating M&A environment this year….