Table 2. Open in new tab Sample...

Table 2.

Sample characteristics

Market capitalization	N	Mean	Median	Std. dev.	Min	Max
Australian firms (AUD million)	181	1064.01	22.85	11,630.71	1.69	155,621.40
Canadian firms (CAD million)	141	223.20	21.37	1406.72	0.80	15,578.34
Focus measure	N	Mean	Median	Std. dev.	Min	Max
All firms	322	0.51	0.48	0.32	0.03	1.00
Australian firms	181	0.51	0.50	0.31	0.03	1.00
Canadian firms	141	0.50	0.43	0.34	0.03	1.00
Project location	N	OVS	AFR	SA	OTH
All firms	322	80	47	20	54
Australian firms	181	38	34	4	20
Canadian firms	141	42	13	16	34
Project milestone	N	GRT	ADV	POT	PRD
All firms	322	274	24	16	8
Australian firms	181	153	13	11	4
Canadian firms	141	121	11	5	4

Market capitalization	N	Mean	Median	Std. dev.	Min	Max
Australian firms (AUD million)	181	1064.01	22.85	11,630.71	1.69	155,621.40
Canadian firms (CAD million)	141	223.20	21.37	1406.72	0.80	15,578.34
Focus measure	N	Mean	Median	Std. dev.	Min	Max
All firms	322	0.51	0.48	0.32	0.03	1.00
Australian firms	181	0.51	0.50	0.31	0.03	1.00
Canadian firms	141	0.50	0.43	0.34	0.03	1.00
Project location	N	OVS	AFR	SA	OTH
All firms	322	80	47	20	54
Australian firms	181	38	34	4	20
Canadian firms	141	42	13	16	34
Project milestone	N	GRT	ADV	POT	PRD
All firms	322	274	24	16	8
Australian firms	181	153	13	11	4
Canadian firms	141	121	11	5	4

This table reports the characteristics of the sample firms. Market capitalization is a measure of firm size. Focus measure is a proxy for a firm’s operational focus on uranium. The project location variable OVS stands for firms with all of their uranium projects located overseas, while AFR, SA, and OTH stand for Africa, South America, and other offshore regions, respectively. The project milestone variables of GRT, ADV, POT, and PRD stand for grass-root explorers, advanced explorers, potential producers, and producers, respectively.

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