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Uranium One’s losses due to low uranium prices

Uranium One announces $36.5m net loss for full year 2009 , 11 Mar 2010,(Reuters) “….– Uranium One Inc (UUU.TO: Quote) posted a net loss in 2009, hurt mainly by lower realized uranium prices, ….Earnings from mine operations fell 41.2 percent to $54.6 million. The company said average realized sales prices fell 30 percent in 2009.

Shares of the Vancouver, British Columbia-based miner closed at C$2.81 Wednesday on the Toronto Stock Exchange. (Reporting by Abhiram Nandakumar in Bangalore; Editing by Maju Samuel)

March 13, 2010 - Posted by Christina Macpherson | business and costs, Canada | nuclear, uranium

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