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.



08 February 2011

Merv's Daily Commentary 08 Feb 2011


After The Close, 08 Feb 2011

Merv’s Daily Uranium Index
Market Data

Open: 281.92
High: 285.50
Low: 275.91
Close: 281.27
Volume: 8440


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

Just the facts today. Those who have been following these commentaries for some time should be able to figure out what the Index situation looks like “after the close”. Tomorrow should see an analysis, today no time.

The Merv’s Daily Uranium Index closed higher by a whopping 0.07 points or 0.02%. There were 17 winners, 29 losers and 4 bummers. Cameco lost 0.1%, Denison lost 0.5%, Extract lost 0.5%, Paladin gained 1.5% and Uranium One gained 2.4%. The best daily winner was Mawson with a gain of 16.7% while the loser of the day was Forum Uranium with a loss of 11.7%. Market Vectors Uranium-Nuclear Energy ETF lost 0.0% while Global X Uranium ETF gained 0.2%.

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