Uranium Stocks Waiting for Rebound

Long Tail

Globe and Mail reported investors are still waiting for uranium stocks to rebound after plummeting in March 2009 following an earthquake in Japan.

Globe and Mail reported investors are still waiting for uranium stocks to rebound after plummeting in March 2009 following an earthquake in Japan.

As quoted in the market news:

Close to a year after the earthquake, shares of Cameco Corp. (CCO-T23.54-0.25-1.05%) are still down 40 per cent and smaller rivals are faring just as badly, with Denison Mines (DML-T1.89-0.12-5.97%) 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.

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