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.
Just a quickie today.
A small up day in the uranium markets but without changing any of the week-end ratings so the week-end analysis remains still valid. Although an up day the strength of the daily action was very weak and it’s getting closer to a reversal of some sort. Caution.
The Merv’s Daily Uranium Index closed higher by 2.25 points or 1.02%. There were 26 winners, 21 losers and 3 stocks going nowhere. Cameco lost 0.3%, Denison lost 1.2%, Extract gained 2.4%, Paladin lost 1.3% and Uranium One lost 0.4%. The best winner of the day was Mawson with a gain of 27.6% while the loser of the day was Wealth Minerals with a loss of 9.2%. Market Vectors Nuclear Energy ETF lost 0.4%.