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Uranium names back in favor today after a report suggests that related companies, so depreciated...

Uranium names back in favor today after a report suggests that related companies, so depreciated they’re trading at less than their assets would be worth in a fire sale, could see a pickup in M&A activity. Japan’s nuclear crisis made uranium miners 31% cheaper relative to book value, Bloomberg says. URG +4.4%, UEC +4.7%, URRE +0.5%, USU +1.6%, DNN +2.6%, URZ +7.6%.
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Comments (1)
  • Hendershott
    , contributor
    Comments (1609) | Send Message
     
    A fire sale? Interesting choice of words, How about cheaper than after a meltdown.
    14 Apr 2011, 06:08 PM Reply Like
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