Referenced Stocks

Uranium Resources Surges 8% on Positive Findings for Uranium Recovery Project

By Midnight Trader,  October 31, 2012, 02:19:08 PM EDT

Uranium Resources Inc. ( URRE ) is up 8% to $0.432 after announcing positive findings resulting from a study on its Churchrock Section 8 uranium in-situ recovery ( ISR ) project.

The study results indicate that existing Gallup, Fort Wingate, Rehoboth and Navajo Nation water wells will not be impacted by Section 8 ISR activities, during mining operations or into the future. Moreover, the evaluation concluded that there is no discernible risk that ISR activities would adversely affect groundwater allocated for the Navajo-Gallup Water Supply Project.

URRE is trading in a 52-week range of $0.39 - $1.28.




The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of The NASDAQ OMX Group, Inc.


This article appears in: Investing, Commodities

Referenced Stocks: ISR, URRE



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