Can someone help me understand this.. lets say they make 2m lbs of uranium a year.. at $80/lb its only $160m in sales per year and the profit will be like $80m or so.. these companies operate at 4 or 5 times profit which is 400m market cap.. am i wrong in my calculations? can somone correct me if i am
Ann: Production ramp-up hits key milestone, page-17
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Last
$3.32 |
Change
-0.060(1.78%) |
Mkt cap ! $1.360B | |||
| Open | High | Low | Value | Volume |
| $3.37 | $3.37 | $3.28 | $7.042M | 2.119M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 14566 | $3.32 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $3.33 | 10000 | 1 |
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