When deciding whether to buy, sell, or hold a stock, investors often rely on analyst recommendations. Media reports about rating changes by these brokerage-firm-employed (or sell-side) analysts often influence a stock's price, but are they really important?
Uranium Energy buys Rio Tinto's Wyoming assets, including the Sweetwater plant and uranium mining projects with 175 million pounds of historic resources.
UEC reports a substantial increase in Q1 revenues, driven by the sale of its uranium inventory at higher prices.
Uranium Energy (UEC) closed the most recent trading day at $8.19, moving +1.11% from the previous trading session.
Why Uranium Energy Corp. Rallied This Week
In the most recent trading session, Uranium Energy (UEC) closed at $7.93, indicating a -0.63% shift from the previous trading day.
The latest trading day saw Uranium Energy (UEC) settling at $7.29, representing a -1.75% change from its previous close.
The latest trading day saw Uranium Energy (UEC) settling at $7.99, representing a -0.5% change from its previous close.
In the most recent trading session, Uranium Energy (UEC) closed at $8.43, indicating a -0.35% shift from the previous trading day.
The market and tech giants are warming to the potential for nuclear energy to meet power needs.
Uranium Energy (UEC) reachead $6.43 at the closing of the latest trading day, reflecting a -0.31% change compared to its last close.
UEC is set to purchase uranium assets in Wyoming from Rio Tinto for $175 million as part of their expansion strategy in the United States.