Australian Uranium Stocks Decimated

Australia is the largest supplier of uranium in the world, with over 23% of the world’s supply. As you could imagine, the slow motion meltdown occurring in Japan is absolutely destroying the share prices of Australia’s biggest and best uranium stocks.

Shares of Uranex are down 24%, Rum Jungle down 18%, Northern Uranium down 17% and Uranium equities are down 18%, just to name a few.