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Uranium One narrows quarterly loss Add to ...

Uranium One Inc. improved its fourth-quarter results in 2011 helped by the absence of a series of one-time items booked a year earlier.

The company, one of the world’s largest publicly traded uranium producers, posted a $1.1-million loss in the fourth quarter, or nil per share.

That’s an increase from a loss of $112.9-million, or 18 cents per share, a year ago when it booked a series of one-time items.

Adjusted earnings rose to $21.4-million from a loss of $16.6-million.

Revenue grew to $157.9-million from $152.3-million.

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