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.

23 June 2011

Merv's Daily Uranium Commentary 23 Jun 2011

Merv’s Daily Uranium Index
Market Data

Open: 165.22
High: 168.01
Low: 161.78
Close: 166.03
Volume: 4266

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

Haven’t posted since the weekend so thought I’d at least post the chart. Nothing much is still happening. One can die of boredom waiting for some real action. But hope springs eternal, as they say so we will keep on trucking.

The Merv’s Daily Uranium Index closed lower by 0.99 points or 0.59%. There were 21 winners, 22 losers and 7 stocks going nowhere. Cameco gained 1.7%, Denison gained 2.3%, Extract lost 10.3%, Paladin gained 7.1% and Uranium One lost 0.4%. The best daily winner was Macusani with a gain of 18.8% while the loser of the day was Wealth Minerals with a loss of 14.0%. Market Vectors Uranium + Nuclear Energy ETF gained 0.1% while Global X Uranium ETF gained 1.1%.

Full analysis on the weekend.

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