We cannot fight against nature, against the disasters that it sometimes pours onto us. In many occasions, the only thing we can do is minimize the losses and try to recover as soon as possible.

Hathor_-_Logo.pngCertainly, the recent earthquake in Japan is an enormous natural disaster. Surely, long time will be required until people and companies manage to recover fully from the consequences of this horrific cataclysm.

Uranium companies worldwide are also among the victims of Japan’s disaster. As a whole, the uranium stocks have been steadily going down recently, just as the uranium price.

The shares of Hathor Exploration Limited (CVE:HAT), (PINK:HTHXF) are not an exception to the rule. Yesterday, HAT lost over 28% of its value. The volume of 7.4M shares represents a three-year record in company’s trading history.

Hathor_-_Chart.pngToday the decline continued, with the stock going further down by 17% at the beginning of the session.

However, many analysts are convinced that the negative effects from Japan’s cataclysm will be temporary and short-term only. They suppose the uranium companies will recover soon and so will their shares.

For now, we can only wait and see if such will be the case with Hathor. The company has not issued any major developments lately. This lack of information makes the financial reports the only reliable data source when making analyses for the future.

The figures from the financial statements look encouraging enough. In the end of 2010, Hathor had a solid financial position with $21.5M in cash and a working capital of $12.2M.

In addition, in early February the company announced promising assay results from its Roughrider project in Saskatchewan. Harthor claimed to have intersected significant new uranium mineralization there.

From a technical point of view, HAT is in the oversold area, though it is not clear for how long it is going to remain there.