Investors often turn to recommendations made by Wall Street analysts before making a Buy, Sell, or Hold decision about a stock. While media reports about rating changes by these brokerage-firm employed (or sell-side) analysts often affect a stock's price, do they really matter?
Uranium Energy (UEC) reached $12.27 at the closing of the latest trading day, reflecting a +1.57% change compared to its last close.
In the closing of the recent trading day, Uranium Energy (UEC) stood at $11.22, denoting a -3.19% move from the preceding trading day.
| - Industry | - Sector | Amir Adnani CEO | XFRA Exchange | US9168961038 ISIN |
| US Country | 94 Employees | - Last Dividend | 1 Mar 2006 Last Split | 5 Apr 2007 IPO Date |
Uranium Energy Corp. is a dynamic entity involved in various stages of the uranium and titanium production cycle including exploration, pre-extraction, extraction, and processing. With a broad portfolio of projects spread across the United States, Canada, and Paraguay, the company aims to leverage its extensive resources and expertise to meet the growing global demand for these critical minerals. Originally established as Carlin Gold Inc., it underwent a strategic rebranding to Uranium Energy Corp. in January 2005 to better reflect its core focus areas and ambitions. Since its incorporation in 2003, the company has made significant strides in expanding its operations and project portfolio, establishing its headquarters in Corpus Christi, Texas.
Engages in identifying and evaluating potential mining sites for uranium and titanium, utilizing advanced technology and geological survey techniques to ensure the viability and value of resources before commencing extraction operations.
Focuses on the extraction of uranium from its mine sites, followed by the processing of the raw material into a concentrated form that can be used for fuel in nuclear reactors. Key projects include the Palangana mine, Goliad, Burke Hollow, Longhorn, and Salvo in Texas, Anderson, Workman Creek, and Los Cuatros in Arizona, and several others across the United States and Canada.
Manages the exploration and development of titanium reserves in Paraguay, with projects such as Yuty, Oviedo, and Alto Paraná aiming to augment the company’s diversification into other critical minerals.