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.

14 October 2010

Merv's Daily Commentary 14 Oct 2010

After The Close, 14 Oct 2010

Merv’s Daily Uranium Index
Market Data

Open: 183.32
High: 187.06
Low: 180.63
Close: 183.59
Volume: 8391

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

All’s well that continues well.

The Merv’s Daily Uranium Index closed with a gain of 1.10 points or 0.60%. There were 24 winners, 21 losers and 5 just slumming around. Cameco lost 0.2%, Extract gained 2.5%, Fronteer lost 0.7%, Paladin gained 1.4% and uranium One gained 0.5%. The best daily winner was Energy Fuels with a gain of 25.7% while the worst loser was Pele Mountain with a loss of 10.3%. Market Vectors Nuclear Energy ETF gained 1.1%.

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