Obama’s Nuclear Announcement and Uranium ETF’s

Obama’s Nuclear Announcement and Uranium ETF’s

Last week Obama made an announcement that gave hope to stagnant Uranium stocks. He made a commitment to current and future loans to advance the United States nuclear energy position. ...
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. ...
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....
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. ...

Continued Uranium Weakness

Continued Uranium Weakness The continued pressure in the current bear market is accelerating losses amongst uranium shares. ...

Denison Beaten Down to a 52 Week Low

Denison Beaten Down to a 52 Week Low Denison Mines hit an all-time low on its american traded shares DNN (Amex) and was just six cents off of a near five year low on their Canadian traded shares DML (TSX). Following the American traded DNN, the shares 52 week range is a low of $1.87 on yesterdays close to an adjusted high of $8.86. ...