BASIC NOTES

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.



25 October 2010

Merv's Daily Commentary 25 Oct 2010


After The Close, 25 Oct 2010

Merv’s Daily Uranium Index
Market Data

Open: 190.41
High: 196.91
Low: 188.42
Close: 194.17
Volume: 7967

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

The rally continues.

The Merv’s Daily Uranium Index closed higher by 6.03 points or 3.21%. There were 37 winners, 12 losers and only one stock that didn’t know which way to go. Cameco gained 3.9%, Extract gained 9.4%, Fronteer gained 3.1%, Paladin gained 2.8% and Uranium One gained 5.2%. The best winner of the day was Energy Fuels with a gain of 26.4% while the loser of the day was Xemplar Energy with a loss of 9.1%. Market Vectors Nuclear Energy ETF gained 1.7%.

ENJOY.
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