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Hathor Exploration Hits Best Price Since Japan Nuke Crisis Sent Uranium Stock Tumbling

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A day-long rally has carried Hathor Exploration (HAT.TO) to its highest levels since March 11 -- the day after a devastating earthquake and tsunami in Japan sent uranaium stock plunging when a nuclear reactor complex was seriously damaged.

Hathor shares capped today's run with shares touching $2.86, matching the March 11 closing price. The following day, Hathor shares slid $0.81, or 28%, as traders abandoned uranium miners believing the Fukushima reactor crisis would lead other electricity power to eventually abandon nuclear generation.

The stock has been consolidating its gains in recent minute, easing to around $2.75 a share.

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

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