After a positive run on the bourse yesterday following the Australian Labor Party's overturning of its "no new mines" policy, nearly all the uranium stocks that posted gains lost most of them in today's session.
Alliance Resources and Arafura Resources – which topped Final Call's uranium watch list yesterday – slid into negative territory, shedding 13c (47.7%) to $2.66 and 16c (8.5%) to $1.72, respectively.
Other uranium stocks that fell today included Marathon Resources, down 55c (9.5%) at $5.23, Giralia Resources, which dropped 6c (7.5%) to 74c and Toro Energy, which lost 9c (7%) to $1.19.
Uranium producer Paladin Resources continued its downward slump from yesterday, shedding a further 34c (3.5%) to finish at $9.26, and Bannerman Resources closed down an additional 18c (5.3%) to $3.24.
However, there were those that bucked the downward trend: Eromanga Uranium jumped 5.5c (15.1%) to 42c while Newera Uranium's newly announced increased landholding in the Harts Ranges in the Northern Territory saw its share price add 3c (9.5%) to 34.5c.
THR Price at posting:
0.0¢ Sentiment: Buy Disclosure: Held
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