RPT-Uranium One fourth-quarter loss narrows

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Mon Mar 31, 2008 9:05am EDT

(In U.S. dollars)

TORONTO, March 31 (Reuters) - Canada's Uranium One (UUU.TO) reported a smaller net loss in the fourth quarter as production ramped up from two key projects.

The company lost $2.2 million, or 1 cent a share, in the period ended Dec. 31, compared with a loss of $6.2 million, or 3 cents a share, in the same period a year earlier.

($1=$1.03 Canadian) (Reporting by Jonathan Spicer; Editing by Bernadette Baum)

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