Centrus Energy Corp.
 (LEU)

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  • Apr. 14, 2011, 3:39 PM

    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%.

    | Apr. 14, 2011, 3:39 PM | 1 Comment
Company Description
Centrus Energy Corp is engaged in supplying low enriched uranium for commercial nuclear power plants. The LEU is used for the production of nuclear fuel for reactors to produce electricity.