Denison CEO: Spot Prices to Remain Flat for 2009

Denison CEO: Spot Prices to Remain Flat for 2009

On Thursday Denison CEO Ron Hochstein predicted that uranium spot prices would remain at current price levels until the end of the calendar year. ...
Paladin Energy Hires New CFO, Downgraded

Paladin Energy Hires New CFO, Downgraded

Australian Uranium producer Paladin Energy has been in the headlines this week, hiring a new CFO and receiving a downgrade from RBS. ...
Huge Cameco Volume Movement

Huge Cameco Volume Movement

Cameco (CCJ) traded roughly three times average volume, close to 4 million shares, during the October 21st session. On the 20th it moved over 6 million shares. What triggered the large volume spike? ...
Denison Drops 10% on RBC Downgrade

Denison Drops 10% on RBC Downgrade

Uranium producer Denison has had a wild couple of days, finding itself up 8% on Wednesday and down 10% on Thursday. Both moves were based upon fresh news reports....
Paladin Energy raises $419 million

Paladin Energy raises $419 million

On September 10th Paladin Energy raised $419 million. Theses additional funds are earmarked for acquisitions and further exploration. Paladin raised the money via a institutional private placement of 93.45 million shares, priced at $4.60 AU. This represented a 6.1% discount vs closing share prices earlier on September 9th. The company looks to use...
Cameco Q2 Earnings Beat the Street

Cameco Q2 Earnings Beat the Street

Cameco Q2 Earnings Beat the Street Cameco came out with a positive earnings report this week, upping estimates and sharing some future growth plans. ...
Spot Price Swings & USEC Bounceback

Spot Price Swings & USEC Bounceback

Spot Price Swings & USEC Bounceback Spot Price Swings Last week spot prices took a big hit, losing over 10% of its value, dropping $5 to a U3O8 price of $47 per pound. Yet this did not seem to affect share prices, as the majority of Uranium stocks stayed within 3% of their previous weeks prices. ...
Uranium outperforming a hot market

Uranium outperforming a hot market

If you’re long in the market the past few weeks have been a god send. However, even the hot stock market can’t match the recent gains of uranium giant Cameco. ...
Paladin Update

Paladin Update

Paladin Update It’s been close to two months since we lasted looked in on Paladin Energy. Let’s see how shares have done during that stretch. Last time around (April 24th) Paladin shares closed at $3.17. Since that time shares have trended upwards on a steady pace. After a stellar earnings report; Paladin said the result reflected...
BMO rates Cameco as outperform with a $35 price target

BMO rates Cameco as outperform with a $35 price target

BMO sets $35 price target for Cameco At the tail-end of last week BMO Capital Markets analyst Edward Stereck came out with some bullish comments regarding Cameco Corp. ...

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