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.

01 March 2011

Merv's Daily Commentary 01 Mar 2011

After The Close, 1 Mar 2011

Merv’s Daily Uranium Index
Market Data

Open: 268.01
High: 270.72
Low: 262.26
Close: 265.02
Volume: 5091

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

Nothing has changed in the indicators from yesterday so I’ll just save time and post the technical data.

The Merv’s Daily Uranium Index closed lower by 1.18 points or 0.44%. There were 10 winners, 29 losers and 11 bummers. Cameco lost 0.1%, Denison lost 0.8%, Extract was a bummer, Paladin lost 1.6% and Uranium One gained 0.2%. The best daily winner was Rockgate Capital with a gain of 11.0% while the loser of the day was Pele Mountain with a loss of 7.4%. Market Vectors Uranium + Nuclear Energy ETF lost 0.8% while Global X Uranium ETF lost 1.0%.

On to tomorrow.

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