SOURCE: Paragon Financial Limited

Paragon Financial Limited

September 30, 2011 08:16 ET

Shares of Denison Mines and Uranium Resources Face Strong Downward Pressure

The Paragon Report Provides Equity Research on Denison Mines & Uranium Resources

NEW YORK, NY--(Marketwire - Sep 30, 2011) - Uranium stocks have struggled this month as prices for the radioactive material have plunged. According to the latest quarterly report by Resource Capital Research, uranium prices are down 27 per cent over the past three months and 23 per cent over the past year. The Paragon Report examines investing opportunities in the Uranium Industry and provides equity research on Denison Mines Corporation (NYSE Amex: DNN) (TSX: DML) and Uranium Resources, Inc. (NASDAQ: URRE). Access to the full company reports can be found at:

Analyst group Resource Capital Research says the dynamics driving the sector have changed in the aftermath of the meltdown, with Germany planning to close all 17 of its nuclear power reactors by 2022.

In the long term, prospects look brighter as China and the United States drive the future of nuclear energy. China's long-term planning agency announced that by 2020 it intended to raise nuclear power's share of the country's total energy production to 112 gigawatts, or 7 percent, up from the previous target of 70 gigawatts. China's nuclear growth plan had come into question following the tragic earthquake and nuclear disaster in Japan earlier this year.

The Paragon Report provides investors with an excellent first step in their due diligence by providing daily trading ideas, and consolidating the public information available on them. For more investment research on the Uranium Industry register with us free at and get exclusive access to our numerous stock reports and industry newsletters.

Uranium explorers that suffered double-digit share price percentage falls in the past one to three months include Cameco, Denison Mines, Uranium One and Paladin.

Denison Mines Corp. is an intermediate uranium producer with production in the U.S., combined with a diversified development portfolio of projects in the U.S., Canada, Zambia and Mongolia. The Company recorded a net loss of $13,749,000 or $0.04 per share for the three months ended June 30, 2011 compared with net income of $16,744,000 or $0.05 per share for the same period in 2010.

Uranium Resources Inc. explores for, develops and mines uranium. Since its incorporation in 1977, URI has produced over 8 million pounds of uranium by in-situ recovery (ISR) methods in the state of Texas where the Company currently has ISR mining projects. For the quarter that ended June 30, Uranium Resources said its net loss was $2.7 million, or 3 cents a share, compared with a net loss of $1.72 million, or 3 cents a share, in the year-ago quarter.

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