Merv’s Daily Uranium Index
Note that the volume is an average volume of round lot sales for the 50 component stocks. For total volume, multiply by 5000.
The posting over the next few weeks will be limited. The week-ends will be as always but during the week, unless something is really happening, I will be taking a rest. So, sporadic posting with often limited info.
The Merv’s Daily Uranium Index closed lower by 0.36 points or 0.20%. There were 18 winners, 19 losers and a whole bunch of stragglers doing nothing (13). Cameco lost 1.0%, First Uranium gained 3.1%, Paladin lost 2.9%, Uranium One gained 2.6% and Uranium Participation gained 2.9%. The best winner was Consolidated Abaddon with a gain of 7.1% while the loser of the day was Denison Mines with a loss of 9.5%.
Nothing has changed with today’s action so both the short and intermediate term ratings remain BULLISH. The immediate direction of least resistance remains lateral for another day.