Resource News

Uranium Participation Corporation  reports results for the year ended February 28, 2010.
The Company recorded negative revenue for the year as a result of unrealized losses on its uranium investment due to the decline in the spot price of uranium during the year.
Revenue for the year was negative $142.2 million (2009 – $127.0 million negative) consisting […]

Uranium Participation Corporation  reports results for the year ended February 28, 2010.

The Company recorded negative revenue for the year as a result of unrealized losses on its uranium investment due to the decline in the spot price of uranium during the year.

Revenue for the year was negative $142.2 million (2009 – $127.0 million negative) consisting of $145.4 million in unrealized losses in the value of the Company’s uranium investments (2009 – $131.8 million unrealized loss), $3.1 million (2009 – $4.6 million) in income from investment lending and $0.1 million (2009 – $0.2 million) in interest earned on invested cash.

For complete news release, click here.

Featured

MARKETS

Markets
TSX21878.41+22.71
TSXV892.74+0.24
DOW34411.69-39.54
S&P 5004391.69-0.90
NASD13332.36-18.72
ASX7523.40+44.40

COMMODITIES

Commodities
Gold1976.92-0.38
Silver25.83-0.02
Copper4.80-0.02
Palladium2428.79-15.79
Platinum1022.00+7.50
Oil107.44-0.77
Heating Oil3.62-0.02
Natural Gas7.73-0.04

DOWNLOAD FREE REPORTS

×