Uranium One’s share price weakness a potential buy opportunity

Financial Post reports the buying potential of uranium stocks with signs of weakness in share prices.

The market news is quoted as saying:

The recommendation comes a day after Uranium One Corp. announced an agreement with ARMZ, a Russian company with a controlling stake in Uranium One, to buy Mantra Resources in a A$1-billion deal. Australia-based Mantra currently owns a uranium project in Tanzania.

A prior agreement to partner up and buy Mantra collapsed in the wake of a price crash in uranium prices last week.

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