Uranium Spot Price Plunges

Uranium Spot Price Plunges

Uranium Spot prices dropped 9.8% on Tuesday, the largest single drop since 2008. ...
Cameco Hits 52 Week High on China, Supply Concerns

Cameco Hits 52 Week High on China, Supply Concerns

Recent news regarding China, along with well known production vs consumption data has given Cameco a recent boast, rising shares over 25% in only two weeks. ...
Cameco Q1 Earnings (2010)

Cameco Q1 Earnings (2010)

Cameco reported Q1 earnings on May 4th. Some of the highlights include Total Earnings of $142 Million (vs $82 in 2009) The Majority of these gains were due to mark-to-market gains on financial instruments. In 2009 these instruments lost $24 million. In 2010 they gained $31 Million The Adjusted Net Earnings were $111 million. In 2009 they were...
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. ...
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. ...

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