Canada Stocks Drop, Led by Cameco, on Uranium Price Concerns; Encana Slips

(Bloomberg) -- Canadian stocks fell, led by Cameco
Corp., as investors speculated that shares of uranium producers are
overpriced. Natural gas futures in New York dropped the most in
almost a month, pushing energy companies lower.

Cameco, the world's largest uranium mining company, dropped
after investors sold short a record number of the company's shares
in June. EnCana Corp., Canada's largest natural-gas producer, fell
for first time in four days.


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