Uranium Participation Corporation Reports Financial Results for the Period Ended November 30, 2017
TORONTO, ONTARIO--(Marketwired - Jan. 11, 2018) - Uranium Participation Corporation ("UPC" or the "Corporation") (TSX:U) today filed its Financial Statements and Management's Discussion & Analysis ("MD&A") for the period ended November 30, 2017. Both documents can be found on the Company's website (www.uraniumparticipation.com) or on SEDAR (www.sedar.com). The highlights provided below are derived from these documents and should be read in conjunction with them. All amounts are in Canadian dollars, unless otherwise noted.
Selected financial information:
November 30, 2017 |
August 31, 2017 |
May 31, 2017 |
February 28, 2017 |
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Net asset value (in thousands) | $ | 479,617 | $ | 388,808 | $ | 407,362 | $ | 462,345 |
Net asset value per common share | $ | 3.62 | $ | 3.22 | $ | 3.37 | $ | 3.83 |
U3O8 spot price(1) (US$) | $ | 22.00 | $ | 20.00 | $ | 19.25 | $ | 22.25 |
UF6 spot price(1) (US$) | $ | 62.00 | $ | 56.35 | $ | 55.55 | $ | 64.00 |
Foreign exchange noon-rate (US$ to CAD$) | 1.2888 | 1.2536 | 1.3500 | 1.3248 |
(1) | Spot prices as published by Ux Consulting Company, LLC ("UxC"). |
Overall Performance