Thursday, April 26, 2007

Fairstar Shares Decline, Paladin Gains as Uranium Stock Frenzy Cools Off

(Bloomberg) -- Investors in uranium stocks, among the hottest industry groups in the world last year, are getting a reality check.

The shares of 64 of 218 uranium companies have dropped in 2007, compared with 27 in all of 2006. In a sign that the uranium mania is cooling, investors are fleeing companies they perceive as having little prospect of producing the mineral any time soon, such as Fairstar Resources Ltd. of Perth, Australia.


Read more at Bloomberg Stocks News

1 comment:

Unknown said...

The good ones posted gains last year, and big ones. Picking the right Uranium Stock will help eliminate this risk, try giving yourself options by reading reports like this one.

Uranium Investing Report

-cheers