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Uranium Mining Companies Waiting for Rebound, Investor Shy
Jan. 25, 2012 01:53PM PST
Long TailGlobe and Mail reported uranium miners are still waiting for a rebound in the industry despite the recent surge in stocks as investors cautiously return.
Globe and Mail reported uranium miners are still waiting for a rebound in the industry despite the recent surge in stocks as investors cautiously return.
As quoted in the market news:
Close to a year after the earthquake, shares of Cameco Corp.(CCO-T23.850.311.32%) are still down 40 per cent and smaller rivals are faring just as badly, with Denison Mines (DML-T1.86-0.03-1.59%) down about 50 per cent. The death knell apparently came when Germany declared a retreat from nuclear energy.
Click here to read the full Globe and Mail report.