Uranium Companies

There are very few pure uranium companies. Most companies, especially the small exploration type, are active in more than the uranium industry. This blog makes no attempt to guage the percentage of a companies activity that are related to the finding, mining or processing of uraniun. They all do, however, have some uranium activities (to the best of our review).

Merv's Uranium Indices

I have developed two Uranium Indices. They each have the same component stocks but are calculated using different methodologies. My weekly Index is based upon the average weekly performance of the component stocks. My daily Index is based upon the daily average of the component stocks open, high, low and close prices along with the daily average volume of all component stocks.

Click on the chart or table to enlage the view.

26 August 2010

Merv's Daily Commentary 26 Aug 2010

After The Close, 26 Aug 2010

Merv’s Daily Uranium Index
Market Data

Open: 157.35
High: 159.86
Low: 154.61
Close: 156.80
Volume: 3190

Note that the volume is an average volume of round lot sales for the 50 component stocks. For total volume, multiply by 5000.

The Daily Index is just marking time, moving in a lateral drift for now. As nothing much is happening I’ll leave my usual analysis for the week-end.

The Merv’s Daily Uranium Index closed lower by 0.15 points or 0.10%. There were 18 winner, 26 losers and 6 sleepers. Cameco lost 0.7%, Extract lost 2.4%, Fronteer gained 0.5%, Paladin lost 0.3% and Uranium One gained 1.2%. The best winner today was Uranium Resources with a gain of 9.2% while the loser of the day was CanAlaska with a loss of 10.5%. Market Vectors Nuclear Energy ETF gained 0.1%.

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