Uranium Participation Reports Estimated Net Asset Value at January 31
07:14 AM EST, 02/05/2021 (MT Newswires) -- Uranium Participation Corp. (U.TO), which lost 2.7% yesterday, said overnight Thursday that its estimated net asset value as of Jan. 31 totaled $656.5 million or $4.87 per share.
The company's uranium investment portfolio consisted of $613.4 million in uranium oxide in concentrates and $37.2 million in uranium hexafluoride.
Uranium Participation's shares closed Jan. 31 at $4.40, which represents a 9.65% discount to its net asset value.
Uranium Participation invests substantially all of its assets in uranium, with the goal of achieving appreciation in the value of its uranium holdings through increases in the uranium price.
Price: 4.6400, Change: -0.1300, Percent Change: -2.73