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 Merv’s Daily Uranium Index closed higher by 2.37 points or 1.49%. There were 22 winners, 19 losers and 9 sleepers. Cameco gained 1.7%, Extract was asleep, Fronteer gained 13.5%, Paladin lost 2.9% and Uranium One gained 2.7%. The best winner was Quaterra with a gain of 16.5% while the loser was Uracan with a loss of 6.7%. Market Vectors Nuclear Energy ETF gained 1.0%.
Although the market was up nicely today the ratings were already bullish so nothing has changed, both the intermediate and short term ratings remain BULLISH. The direction of least resistance should be to the up side.