It announced a $175 million deal to expand through an acquisition. It will become the sole owner of a uranium plant in Wyoming, in addition to other uranium assets.
Uranium Energy Corp CEO Amir Adnani joins 'The Exchange' to discuss the future of pricing and sourcing for U.S. energy, the role of Big Tech in the future of energy, and much more.
I believe UEC is perfectly positioned to benefit from the growing demand for uranium as AI hyperscalers turn to nuclear energy. With UEC's unhedged exposure to rising uranium prices, I see significant upside potential as AI-driven energy needs expand rapidly. UEC's recent resumption of uranium production is timely, aligning with the accelerating need for consistent, carbon-free power in AI data centers.
In the closing of the recent trading day, Uranium Energy (UEC) stood at $4.98, denoting no change from the preceding trading day.
Nuclear energy became a political talking point as candidates push for more domestic energy production. Oracle CEO Larry Ellison said he's building three nuclear reactors for a new data center.
Uranium Energy (UEC) reachead $5.25 at the closing of the latest trading day, reflecting a +1.35% change compared to its last close.
Uranium Energy Corp. brought back their Wyoming mining operations in August 2024 and has a remaining purchasing agreement for 1mm pounds of uranium priced at $39/lb. The company remains in the exploration stage with no proven reserves, generating minimal revenue and relying heavily on uranium stockpiling and toll processing services. Despite long-term potential due to rising nuclear power demand, Uranium Energy Corp. continues to finance operations through large equity raises, creating a challenging environment for investors.
In the closing of the recent trading day, Uranium Energy (UEC) stood at $4.79, denoting a +1.48% change from the preceding trading day.
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?
In the latest trading session, Uranium Energy (UEC) closed at $5.30, marking a -1.3% move from the previous day.
Uranium Energy (UEC) closed at $4.75 in the latest trading session, marking a -0.94% move from the prior day.
NEW YORK, NY / ACCESSWIRE / July 14, 2024 / Pomerantz LLP is investigating claims on behalf of investors of Uranium Energy Corp. ("UEC" or the "Company") (NYSE:UEC). Such investors are advised to contact Danielle Peyton at [email protected] or 646-581-9980, ext.