Uranium One Rises Above Moving Average
Forbes reported that Uranium One Inc. (TSX:UUU) has crossed over its 200 day moving average, going up as high as $2.47 a share.
Forbes reported that Uranium One Inc. (TSX:UUU) has crossed over its 200 day moving average, going up as high as $2.47 a share.
Financial Post reported JPMorgan downgraded Cameco Corp. (TSX:CCO,NYSE:CCJ) and Uranium One Inc. (TSX:UUU) to neutral from overweight on the expectation that uranium prices will remain under $50 a pound.
Forbes reported Uranium One Inc (TSX:UUU) stocks crossed above their 200 day moving average of $2.61, changing hands as high as $2.62 per share.
Bloomberg reported the Emirates Nuclear Energy Corp. in theUnited Arab Emirates has awarded uranium supply contracts worth about $3 billion.
The Q2 results for a slew of major and junior uranium companies are in, and most show that while production has increased, profits and sales have not followed suit.
Reuters reported Uranium One Inc's (TSX:UUU) quarterly earnings fell 2 percent as it sold less uranium at lower prices.
Globe and Mail reported Uranium One Inc. (TSX:UUU) improved in the fourth quarter, but still lost $1.1 million or made nothing per share.
Uranium One Inc. (TSX:UUU) reported record quarterly revenue of$157.7 million for Q3 2011 based on sales at an average price of $51 per pound.
Uranium Energy Corp (AMEX:UEC) reports that it has entered a definitive purchase and sale agreement with Uranium One Inc. (TSE:UUU) acquiring South Texas uranium database package from Uranium One.
Mineweb reports Uranium One (TSE:UUU) posted a profit of five-fold on its prices and production.
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