nuclear-news

Loss and share price fall for Denison uranium miner

Uranium miner Denison Mines reports US$52-million first-quarter loss
By: The Canadian Press  05/9/2012  TORONTO – Denison Mines Corp. (TSX:DML) reported Wednesday a loss of US$52 million in the first quarter as it took a $44-million writedown on its U.S. assets and operations which it is selling.
The uranium miner, which keeps its books in U.S. dollars, said the loss amounted to 14 cents per share for the quarter ended March 31 compared with a loss of $7.1 million or two cents per share a year ago..

.. Shares in the company, which reported its results after the close of markets, were down four cents at $1.57 on the Toronto Stock Exchange on Wednesday.

May 10, 2012 - Posted by Christina Macpherson | business and costs, Uranium