TA is one thing ... but IMO UXA is undervalued based on peer comparisons.
There are a hundred or so uranium stocks on my list, with many having strong moves up, and having higher market caps than UXA, but with less projects and potential.
Some of that disparity has been removed over the last 2 months with UXA increasing in SP, but IMO it has more potential pre any announcement.
Positive announcements in a strong bull uranium market, which it seems 2011 will be, should see UXA trading in multiples of their current SP.
Right now, the market has priced them on an "as-is" basis, as you have done, but it has not factored in any blue-sky as it has done to many other U-hopefuls....
Just my views.
;)
UXA Price at posting:
5.4¢ Sentiment: LT Buy Disclosure: Held
