Uranium One Jumps Most in Three Years in Johannesburg on Net
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Uranium One Inc., a Canadian miner controlled by a unit of Russia’s state nuclear company, advanced the most in almost three years in Johannesburg trading after reporting profit jumped fivefold during the second quarter.
The company’s shares rose as much as 34 percent, the most since Nov. 4, 2008. Uranium One, based in Vancouver and with operations in Kazakhstan, the U.S. and Australia, posted net income of $29.7 million, up from $5.4 million a year before.