Uranium Participation Corporation Reports Earnings Results for the Third Quarter and Nine Months Ended November 30, 2014
Net gain of $93.9 million for the nine months ended November 30, 2014 compared to net loss of $76.7 million a year ago was primarily due to unrealized net gains on investments of $98.1 million November 30, 2013. Unrealized losses of $73.6 million, mainly as a result of the overall increase in U3O8 and UF6 spot prices (overall decline in U3O8 and UF6 spot prices in the comparable period).