Uranium Participation Corporation (T:U)
Business Focus: N/A
| Sector: Energy | Industry: Uranium |
| See Regulatory Filings on SEDAR | |
| Company Contact | |
| Address: | 1100-40 University Ave TORONTO ON M5J 1T1 |
| Tel: | N/A |
| Website: | www.uraniumparticipation.com |
| IR: | See website |
| Key People | ||
| Jeff Kennedy Independent Chairman of the Board | David Daniel Cates President, Chief Executive Officer | Gabriel McDonald Chief Financial Officer |
| Timothy Stephen Gabruch Chief Commercial Officer | Amanda Willett Corporate Secretary | |
| Business Overview |
| Uranium Participation Corporation invests substantially all of its assets in uranium oxide in concentrates (U3O8) and uranium hexafluoride (UF6) (collectively uranium), with the primary investment objective of achieving appreciation in the value of its uranium holdings through increases in the uranium price. The Company's strategy is to invest in holdings of uranium and not to actively speculate on changes in uranium prices by entering into exchange and investment contracts or derivative arrangements. The uranium owned is stored at uranium conversion or facilities owned by different organizations in Canada, France and the United States. It also lends its uranium to third parties from time to time. The Company invests approximately 85% of the proceeds of its equity offerings in uranium. The Company's uranium is held directly by the Company or indirectly through its subsidiary, Uranium Participation Bermuda Limited. Denison Mines Inc. is the Company's investment the manager. |
| Financial Overview |
| For the nine months ended 30 November 2020, UraniumParticipation Corp revenues increased from -C$28.3M toC$88.3M. Net income totaled C$83.6M vs. loss of C$32.5M.Revenues reflect Unrealized (losses) gains on investmentincrease from -C$35.2M to C$83.1M, Income from lendingand/or relocation of increase from C$437K to C$1.5M. NetIncome reflects Legal and Other Professional Fees decreaseof 73% to C$80K (expense). |
| Reporting Currency: | Canadian Dollars |
| Enterprise value: | $575.73M as of Nov 30, 2020 |
| Annual revenue (TTM): | $64.11M as of Nov 30, 2020 |
| EBITDA (TTM): | $57.55M as of Nov 30, 2020 |
| Net annual income (TTM): | $57.38M as of Nov 30, 2020 |
| Free cash flow (TTM): | -$4.46M as of Nov 30, 2020 |
| Net Debt Last Fiscal Year: | N/A |
| Shares outstanding: | 134,939,651 as of Jan 18, 2021 |
| TTM: Trailing Twelve Months EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization | |
Disclaimer :: Use of this site is subject to, and your continued use
constitutes your express agreement to be bound by, our Legal and Terms of Use. Any commercial use of this site is
strictly prohibited. Canadianinsider.com is operated by INK Research Corp (INK). INK provides general information.
INK has made all reasonable efforts to ensure that all information provided is accurate at the time of inclusion;
however, there may be errors. INK makes no guarantee of accuracy or completeness. All information and opinion
expressed herein is subject to change without notice. Read more...Insider information is based on filings made on the System
for Electronic Disclosure for Insiders (SEDI®). Data is provided “as is” and by using this site
you acknowledge that the information which comprises the data is filed by or on behalf of the SEDI filers or other
parties legally required or permitted to do so. Filings may at any time contain errors and by using this site you
acknowledge this fact. INK is not an investment advisory service, a financial planner, an investment advisor nor a
securities advisor. INK does not purport to tell people, or suggest to people, what they should buy or sell for
themselves. Opinions and recommendations contained herein should not be construed as investment advice. Do not
assume that any recommendations, insights, charts, theories, or philosophies will ensure profitable investment.
Users should always consult with and obtain advice from their professional licensed financial advisor, including
their tax advisor, to determine the suitability of any investment. INK recommends that anyone making an investment
or trading securities do so with caution. Users should perform full due diligence and investigate any security
fully before making an investment or before the execution of a security trade based upon information learned
through INK. Investors should obtain annual reports and other company information to complete their own due
diligence in any investment. Neither INK nor anyone affiliated with INK is responsible for any investment decision
made. INK employees may have an ownership or investment interest in any stock mentioned in this service or on this
website. On this site, there may be third party content, content from authors or links to third-party sites or
pages, the contents of which are not verified, maintained, controlled or supervised by INK. INK is not responsible
for and assumes no liability for the accuracy, completeness or timeliness of any third party content or authored
content provided herein or the information or contents of any linked sites or pages. The inclusion of any authored
content or link by us does not imply that INK recommends, approves or endorses the authored content or linked site
or pages. INK Edge® and INK Research® are registered trade-marks owned by INK Research Corp. SEDI®
is a registered trade-mark owned by the Alberta Securities Commission.Read less
Company fundamental and
price data sourced from © Thomson Reuters Limited. All rights reserved. Republication or redistribution of
Thomson Reuters content, including by framing or similar means, is prohibited without the prior written consent
of Thomson Reuters. Thomson Reuters is not liable for any errors or delays in Thomson Reuters content, or for
any actions taken in reliance on such content. 'Thomson Reuters' and the Thomson Reuters logo are trademarks of
Thomson Reuters and its affiliated companies. US Quotes data provided by IEX.
Interactive technical study charts by TradingView. Copyright © 2021 INK Research Corp. All rights reserved. All trade-marks or trade names not owned by INK Research Corp. are the property of their respective owners.