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« Aurelian Resources Inc: A Victim of Geo-politics! | Main | Uranium Resources Incorporated: Face an historical challenge from the Navajo! »
Monday
Apr212008

Uranium Participation Corporation: P/E at 2.05!

Uranium Participation Chart 21 April 2008




A sign of the times is just how low some of the uranium’s are trading is Uranium Participation, currently trading at $8.06 giving the company a P/E ratio of 2.05.

Uranium Participation Corporation has a Market Capitalisation is $482 million and on Friday the volume was 1.92 million shares traded. The company’s stock price has a 52-week high $17.50 and a 52-week low $7.92, pretty much as hard hit as the others in this sector.

We find it staggering that this company, which basically trades in uranium and does not have any exposure to the risk element that goes with mining, can have been sold off to the point that its Price to Earnings Ratio is 2.05 and the EPS (Earnings per Share) is $3.94.

The average cost to them of u3o8 is $37.91 US dollars per pound, according to their NAV update dated 29 February 2008, against a long-term uranium price of $95/lb.

Are we unfashionable at the moment or what?


Uranium Participation Corporation trades on the Toronto Stock Exchange under the symbol of ‘U’


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Footnote:
For those of you who are looking for a little more diversity in the energy field then you may want to read Doug Casey’s Energy Speculator, just this link.

Have a good one.

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Reader Comments (10)

ok bob,given the indicators are all at a low,what other indicator{s} are you waiting for to hit before you announce a buy signal on this stock like you did on november 21st 2006? i was thinking on buying denison mines but you mentioned you didnt have a buy signal yet on that either even though i was tempted to put in a buy order in at the beginning of april....you seem to be doing very well and you understand this technical analysis thing way better than i do...so ill wait for you bob....thanks

April 21, 2008 | Unregistered Commenterluke

As a fund that holds a commodity, they don't have any true earnings. I believe they report increases in the NAV/unit as earnings for each year. Judging a commodity fund by looking at a P/E is not valid, it's all about the NAV and whether it's over or undervalued, and whether it's increasing or decreasing. If you looked at the "earnings" this year it would be a nightmare with the dive the NAV has taken.

April 21, 2008 | Unregistered CommenterMatman

Luke, Its a hard one, the stock looks like a definite buy, but the drifting spot price appears to put a damper on the whole sector.

April 21, 2008 | Unregistered CommenterUranium Stocks

understood bob,the one most important missing ingredient is not registering yet--the uranium spot price -perhaps by summertime- like last year-we'll see the spot price increase and these urans will fly ! ......thanks

April 21, 2008 | Unregistered Commenterluke

I looked at a longer term chart, and there is a great support at the 7.30 area. If one runs a Williams % R at 112 day timeframe, you will see that we are in a zone that has produced 3 buy points last year. All of them good for a rally. I think the key is to not bet the farm. Someone mentioned Dennison..........this one too is a buy here. Just not the farm. LOOK AT THE VOLUME lately on Dennison. I think both are buys, but I AGREE ALSO that one is usually better off waiting for the turn. That is why, I only buy small qtys. In Dennison, I have bought at 9, and 8, and will buy one more time at 6.60 if i get the chance. URANIUM BULL MARKET NOT DONE........still early, and this pullback gives one a chance again. Good luck to all, may you prosper.

April 21, 2008 | Unregistered CommenterNBkid

Team, Thanks for the above comments they are very much appreciated.

April 21, 2008 | Unregistered CommenterUranium Stocks

Hallo dursty fellows!
The Oxford Club is opting for a very steep rise of the Uranium Stocks, starting soon.
Best regards, Karl

April 22, 2008 | Unregistered CommenterKarl Bula

The Oxford Club has made some good calls. Very good calls. They aren't always right, and they are not TIMERS per se, but they have a pretty good bead on trends. I noticed that the spot price dipped below 70 last week. This now brings us to a 50% retracement of price.........which now and then, is the extent of a correction. We shall see. I have also heard that the fall is the best time for URANIUM's, but i have not done the research to study any seasonal patterns. Lets see......i'm holding a 1/2 dozen uraniums, so I hope they are right.

April 22, 2008 | Unregistered CommenterNBkid

i was unaware of the "tech" analyses of U. i am staggered and will be buying more today. i already have U, DNN THPW, UEC and rat-bait NNRI[another story, another time, ugh]. recently sold off some PXJ to purchase PKN. as you can see, i'm kindof "all in"...glta!!

April 24, 2008 | Unregistered Commenterrichard mruz

This stock is going radioactive!

September 30, 2008 | Unregistered CommenteriGuide

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