Uranium Participation Corporation announced earnings results for the third quarter ended November 30, 2018. For the quarter, the company reported net gain of $78.6 million, was primarily due to uranium related gains of $80.0 million, offset by operating expenses of $1.4 million. Unrealized net gains on investments in uranium, during the three months ended November 30, 2018, were caused by the increase in the spot price for uranium and the increase in the U.S. dollar to Canadian dollar exchange rates.