Uranium Resources Earnings: Loss Widens

Uranium Resources, Inc. (NASDAQ:URRE) reported its results for the first quarter. Uranium Resources is engaged in the business of acquiring, exploring, developing and mining uranium properties, using the in situ recovery or solution mining process.

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Uranium Resources, Inc. Earnings Cheat Sheet

Results: Loss widened to $3.7 million (3 cents per diluted share) from $2.7 million (loss of 3 cents per share) in the same quarter a year earlier.

Actual vs. Wall St. Expectations: Uranium Resources, Inc. fell in line with the mean analyst estimate of a loss of 3 cents per share.

Looking Forward: Expectations for the second quarter have not changed from 3 cents. The average estimate hasn’t changed from 11 cents per share for the fiscal year.

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(Company fundamentals provided by Xignite Financials. Earnings estimates provided by Zacks)

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