Antinuclear

Uranium One – posts market loss

Uranium One posts 3Q loss despite production increase 11/5/2012   Stockhouse Editorial Uranium One Inc. (TSX: T.UUU, Stock Forum) announced its third quarter financial results on Monday and said total production rose 23% to 3.1 million pounds from 2.5 million pounds in the year earlier period.

Uranium One is a Toronto-based company with assets in Kazakhstan, the United States and Australia…..
The company posted a net loss of $61.6 million or 6 cents a share in the quarter. That compared to a net profit of $45.8 million or 5 cents a share a year earlier. Revenue in the quarter was $142.6 million, down from $157.7 million in the year ago period.
Down 1% Monday to $2, Uranium One has a market cap of $1.9 billion, based on 957.2 million shares outstanding. The 52-week range is $3.45 and $1.98. http://www.stockhouse.com/natural-resources-news/2012/nov/5/uranium-one-posts-3q-loss-despite-production-incre.aspx#uEqGXOEW55vDjfL4.99

November 6, 2012 - Posted by Christina Macpherson | AUSTRALIA - NATIONAL, business, uranium