Analyst Highlights that Texas Company Makes ‘Strategic Acquisition of Physical Uranium’

Source: Streetwise Reports 03/18/2021

A Canaccord Genuity report notes that Uranium Energy Corp. is “well funded to advance development and eventual
construction in South Texas” and increases its target price on the company.

In a March 16 research note, analyst Katie Lachapelle reported that Canaccord Genuity increased its target price on Uranium Energy Corp. (UEC:NYSE AMERICAN) following its release of Q2/21 results and its announced commitment to building a uranium inventory.
Canaccord Genuity’s new target price on Uranium Energy is $3.50 per share, up from its previous $2.15 per share target. Currently, the stock is trading at about $2.90 per share. Get our Weekly Commitment of Traders Reports: – See where the biggest traders (Hedge Funds and Commercial Hedgers) are positioned in the futures markets on a weekly basis. Get Our Free Metatrader 4 Indicators – Put Our Free MetaTrader 4 Custom Indicators on your charts when you […]

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