Uranium Energy Corp. (NYSE:UEC) Stock Forecast 2021: $5 Per Share With Bullish Signs

In the last trading session, 4,079,889 shares of the Uranium Energy Corp. (NYSE:UEC) were traded, and its beta was 2.44. Most recently the company’s share price was $2.87, and it changed around $0.16 or 0.06% from the last close, which brings the market valuation of the company to $631.64 Million. UEC currently trades at a discount to its 52-week high of $3.67, offering almost -27.87% off that amount. The share price’s 52-week low was $0.59, which indicates that the current value has risen by an impressive 79.44% since then. We note from Uranium Energy Corp.’s average daily trading volume that its 10-day average is 5.93 Million shares, with the 3-month average coming to 6.51 Million.

Uranium Energy Corp. stock received a consensus recommendation rating of Buy, based on a mean score of 1.7. If we narrow it down even further, the data shows that none out of 5 analysts rate […]

Uranium Hexafluoride Market Size by Growth share, Driving Factors, Key Segments and Regional Analysis

Global Uranium Hexafluoride Market 2021-2026 research report covers insightful information of industry which includes market dynamics, industry Outlook, key segmentation, market potential, top trends, recent news & developments, and challenges with major regions and major countries. This report provides thoughtful and deep knowledge of the flow and future scope of the market which help to provide new market opportunities for the new players who are interested to enter in the Global Uranium Hexafluoride Market. The statistical and numerical data that is provided in the report is integrated into the tabular, graphical, and pie charts format, which makes it easy for marketers to understand the facts and figures.

Major key players covered in this report: Arkema

Gujarat Fluorochemicals

Asahi Glass Saint-Gobain Get a Sample Copy of Report with Industry insights @ https://www.in4research.com/sample-request/15250 Uranium Hexafluoride Market Report covers a detailed overview of this market and discusses the dominant […]

Global Uranium Mining Market to Witness Robust Expansion throughout the Forecast Period

Global Uranium Mining Market to Witness Robust Expansion throughout the Forecast Period

(Post-pandemic Era)- Global Uranium Mining Market 2021: Inclusive Insight

Los Angeles, United States, April 2021: The report titled Global Uranium Mining Market is one of the most comprehensive and important additions to Alexareports archive of market research studies. It offers detailed research and analysis of key aspects of the global Uranium Mining market. The market analysts authoring this report have provided in-depth information on leading growth drivers, restraints, challenges, trends, and opportunities to offer a complete analysis of the global Uranium Mining market. Market participants can use the analysis on market dynamics to plan effective growth strategies and prepare for future challenges beforehand. Each trend of the global Uranium Mining market is carefully analyzed and researched about by the market analysts.

List of Top Manufacturers/Key-players of Global Uranium Mining market growth report (2021- 2026): – Kazatomprom, Cameco, ARMZ, Orano, BHP Billiton, CNNC, Paladin, Navoi, Rio Tinto Group Get PDF […]

Yellow Cake Remains A Solid Bet For A Recovery In Uranium

Yellow Cake Remains A Solid Bet For A Recovery In Uranium

Summary

Yellow Cake is a great way to get exposure to uranium without the associated mining, development, exploration, or permitting risk.

While the stock is trading with a slight premium to NAV, the implied uranium price is much lower than many other uranium stocks today.

Yellow Cake has seen a lot of purchase activity more recently and I expect more to follow. Looking for a portfolio of ideas like this one? Members of Off The Beaten Path get exclusive access to our model portfolio. Learn More » Photo by davidhills/E+ via Getty Images Investment Thesis Yellow Cake ( OTCPK:YLLXF ) is an investment company focused on owning uranium. The primary listing is in the UK but the stock is also listed on the OTC in the U.S. However, as the below chart highlights, buying on the UK listing in blue might be preferable due much better liquidity. Figure […]

Energy Fuels and Team from Penn State University Awarded Additional $1.75 Million by U.S. Department of Energy for Rare Earth Feasibility Study

Energy Fuels and Team from Penn State University Awarded Additional $1.75 Million by U.S. Department of Energy for Rare Earth Feasibility Study

LAKEWOOD, Colo., April 23, 2021 /PRNewswire/ – Energy Fuels Inc. (NYSE: UUUU ) (TSX: EFR) ("Energy Fuels" or the "Company") is pleased to announce that the U.S. Department of Energy (" DOE ") Office of Fossil Energy and National Energy Technology Laboratory has exercised their option to award Energy Fuels, working with a team from Penn State University, an additional $1.75 million to complete a feasibility study (" Feasibility Study ") on the production of rare earth element (" REE ") products from natural coal-based resources, as well as from other materials such as REE-containing ores like the natural monazite ore (" Monazite ") the Company is currently processing at its White Mesa Mill in Utah.

This award follows the DOE providing Energy Fuels a $150,000 contract in 2020 for the successful completion of a conceptual design for the same initiative, resulting in a total award to Energy Fuels of […]

Texas Company Fully Funds Physical Uranium Purchases

Texas Company Fully Funds Physical Uranium Purchases

April 23, 2021 (Investorideas.com Newswire) Uranium Energy’s recent financing as well as its work at the Burke Hollow project are covered in an H.C. Wainwright & Co. report. In an April 15 research note, H.C. Wainwright & Co. analyst Heiko Ihle provided an update on Uranium Energy Corp.’s (UEC:NYSE AMERICAN) Burke Hollow project and the company’s recent offering.

As for its Burke Hollow in situ uranium asset in Texas, the company has been working since April 9 to delineate the resource there, Ihle noted. Using two rigs, Uranium Energy completed 40 holes, the goal being to better understand the five Goliad Formation trends in production area PAA-1.

Of that set of holes, highlight hole 283.0-319 encountered an average uranium grade of 0.163% and a 4.483 grade thickness.

The energy company also placed 45 exterior monitoring wells there, adding to the existing 75, "to account for trend extensions," Ihle wrote.Ihle relayed that Uranium […]

Texas Company Fully Funds Physical Uranium Purchases Research Report

Texas Company Fully Funds Physical Uranium Purchases Research Report

TICKERS: UEC

Uranium Energy’s recent financing as well as its work at the Burke Hollow project are covered in an H.C. Wainwright & Co. report. In an April 15 research note, H.C. Wainwright & Co. analyst Heiko Ihle provided an update on Uranium Energy Corp.’s (UEC:NYSE AMERICAN) Burke Hollow project and the company’s recent offering.

As for its Burke Hollow in situ uranium asset in Texas, the company has been working since April 9 to delineate the resource there, Ihle noted. Using two rigs, Uranium Energy completed 40 holes, the goal being to better understand the five Goliad Formation trends in production area PAA-1.

Of that set of holes, highlight hole 283.0-319 encountered an average uranium grade of 0.163% and a 4.483 grade thickness.The energy company also placed 45 exterior monitoring wells there, adding to the existing 75, "to account for trend extensions," Ihle wrote.Ihle relayed that Uranium Energy’s recent financing closed, […]

Cameco Has Started To Price In A Uranium Recovery

Cameco Has Started To Price In A Uranium Recovery

Photo by Liens/iStock via Getty Images Investment Thesis

Cameco ( CCJ ) is the world’s second largest uranium producer and the largest one listed in North America. It will consequently be very dependent on investment flows in the uranium industry.

The company has a solid balance sheet, a decent number of longer-term contracts, and low-cost assets. While the company has a unique position in the uranium industry and will benefit from a turnaround in the uranium market, the stock has already started to partly price in that turnaround. Assets

Cameco has three key assets. Cigar Lake is the primary operating assets which is located in Canada but has been suspended due to Covid-19 more recently. The company did a few weeks ago announce that it will be restarted, but it remains to be seen how quickly it can achieve full production. At that time, Cameco’s share of production is 9Mlbs […]

UEX to Acquire 100% ownership of JCU (Canada) Exploration Company, Limited

UEX to Acquire 100% ownership of JCU (Canada) Exploration Company, Limited

Ownership Stake Includes the Wheeler River and Millennium Development Projects

Saskatoon, Saskatchewan – TheNewswire – April 22, 2021 – UEX Corporation (TSX:UEX), (OTC:UEXCF) (“UEX” or the “Company”) is pleased to announce that the Company has signed a definitive purchase agreement with Overseas Uranium Resources Development Co., Ltd. (“OURD”) to acquire 100% ownership of OURD’s wholly-owned subsidiary, JCU (Canada) Exploration Company, Limited (“JCU”).

JCU has a long history in the Canadian uranium exploration and development sector dating back to 2000, when it acquired a portfolio of Canadian uranium exploration and development assets from PNC Exploration (Canada) Co., Ltd. (“PNC Canada”), a wholly-owned subsidiary of Power Reactor and Nuclear Fuel Development Corporation (“PNC”). JCU’s key exploration projects cover an area of 139,346 ha and include a 10% ownership position in the Wheeler River Project (Denison Mines Corp. 90%), a 30.099% ownership stake in Cameco Corporation’s (“Cameco”) Millennium Project (Cameco 69.901%), a 33.8123% ownership […]

Uranium supply is falling well behind demand. These ASX stocks are rushing to fill the hole

Uranium supply is falling well behind demand. These ASX stocks are rushing to fill the hole

share

By 2030, there will not be enough uranium production to meet demand, even if every single idled mine and planned project goes into production .

That’s the base case (most expected) scenario. The Nuclear Fuel Report 2019, World Nuclear Association. Let that sink in for a minute.

Now look at the upper case scenario, in which uranium requirements are expected to be about 103,500 tonnes in 2030, and 137,600 tonnes in 2040: The Nuclear Fuel Report 2019, World Nuclear Association. Hectic.You don’t need to be a clairvoyant to see what’s coming.We need new uranium supply, FAST. But when are uranium contract prices going to rise enough to justify new mines?That’s the million dollar question.Two new research notes from BMO Capital Markets and Morgan Stanley now say today’s spot price – about ~$US30/lb – is just the start of a rally in prices over the next few years to the ~$US50 […]

Uranium Energy Corp. (NYSE:UEC) trade information

Uranium Energy Corp. (NYSE:UEC)’s traded shares stood at 3,771,689 during the last session, with the company’s beta value hitting 2.43. At the close of trading, the stock’s price was $2.74, to imply an increase of 5.79% or $0.15 in intraday trading. The UEC share’s 52-week high remains $3.67, putting it -33.94% down since that peak but still an impressive +70.07% since price per share fell to its 52-week low of $0.82. The company has a valuation of $631.64 Million, with an average of 5.93 Million shares in intraday trading volume over the past 10 days and average of 6.51 Million shares over the past 3 months.

Analysts have given a consensus recommendation of Buy for Uranium Energy Corp. (UEC), translating to a mean rating of 1.7. Of 5 analyst(s) looking at the stock, none analyst(s) give UEC a Sell rating. None of those analysts rate the stock as Overweight while […]

Denison Mines: The Premature Uranium Rally May Soon Reverse

Denison Mines: The Premature Uranium Rally May Soon Reverse

Summary

Uranium stocks have risen tremendously over the past year as production shortages have fueled speculation of a long-term rally in uranium prices.

As Cameco reopens its primary mine, uranium prices have slid and may trigger a reversal among more speculative uranium mining stocks.

Denison Mines may see a sharp decline as it appears its current valuation may be a bit too high considering uncertainties regarding its development timelines and targets. If Denison meets targets without significant equity dilutions, the stock may be undervalued, but last year’s slowdown indicated the key Wheeler River project may take longer or be more expensive than anticipated. It is also possible that the "Great Uranium Shortage" thesis may prove a self-defeating prophecy as many miners are aggressively developing to meet the anticipated shortage. Photo by JohnCarnemolla/iStock via Getty Images Like most commodities, the energy market has heated up over the past year. Virtually […]

Boiling and ready to burst as Uranium Energy Corp. (UEC) last month performance was -5.45%

For the readers interested in the stock health of Uranium Energy Corp. (UEC). It is currently valued at $2.60. When the transactions were called off in the previous session, Stock hit the highs of $2.81, after setting-off with the price of $2.79. Company’s stock value dipped to $2.58 during the trading on the day. When the trading was stopped its value was $2.75.

Recently in News on April 14, 2021, Uranium Energy Corp Completes Initial 40 Development Holes at First Production Area of its Burke Hollow ISR Project in South Texas. NYSE American Symbol – UEC. You can read further details here

A Backdoor Way To Profit From Today’s Crypto Bull Market

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Luncheon, advice session offered to uranium workers

Good morning and welcome to Montrose Fresh, from The Montrose Daily Press. It’s MondayApril 12th and we’re here to bring you a closer look at our top stories, events and more that matter to us here in Western Colorado. Today – Sunset Mesa Funeral Foundation defendants were ordered to pay millions of dollars to 30 people who sued them over the selling of their loved ones’ bodies. Today’s episode is brought to you by Elevate Internet. Whether it’s for your home or your business they offer the best speeds at the best price. Right now, if you refer a friend you can get $25 off! Give them a call for more information at 844-386-8744 or visit them at elevateinternet.com. Now, our feature story. Sunset Mesa Funeral Foundation defendants were ordered to pay millions of dollars to 30 people who sued them over the selling of their loved ones’ bodies. […]

Skyharbourโ€™s Partner Company Valor Completes Airborne Survey at Hook Lake Uranium Project, Saskatchewan

VANCOUVER, British Columbia, April 20, 2021 (GLOBE NEWSWIRE) — Skyharbour Resources Ltd. (TSX-V: SYH ) (OTCQB: SYHBF ) (Frankfurt: SC1P ) (the “Company”) is pleased to announce that partner company Valor Resources Limited (“Valor”) entered into a contract with Precision GeoSurveys Inc. through TerraLogic Exploration Inc. (“TerraLogic”), the Company’s geological consultants, to undertake a detailed airborne survey over the Hook Lake Project (previously North Falcon Point). The survey commenced in early April 2021 and is now complete.

TerraLogic designed the low-level airborne magnetic and VLF-EM survey to cover the entire Hook Lake claim area, using a fixed-wing aircraft, at 75m line-spacing totaling 5,100 line-km. Final data processing, data interpretation, target selection and recommendations for follow-up ground-based exploration and drilling programs will also be handled by TerraLogic. This process is expected to take approximately six weeks, followed immediately by the recommended fieldwork in the summer and fall 2021. Application for the […]

Skyharbour Resources Ltd: Skyharbour's Partner Company Valor Completes Airborne Survey at Hook Lake Uranium Project, Saskatchewan

Skyharbour Resources Ltd: Skyharbour’s Partner Company Valor Completes Airborne Survey at Hook Lake Uranium Project, Saskatchewan

SKYHARBOUR RESOURCES LTD Chart 1 Jahr VANCOUVER, British Columbia, April 20, 2021))) (the "Company") is pleased to announce that partner company Valor Resources Limited ("Valor") entered into a contract with Precision GeoSurveys Inc. through TerraLogic Exploration Inc. ("TerraLogic"), the Company’s geological consultants, to undertake a detailed airborne survey over the Hook Lake Project (previously North Falcon Point). The survey commenced in early April 2021 and is now complete.

TerraLogic designed the low-level airborne magnetic and VLF-EM survey to cover the entire Hook Lake claim area, using a fixed-wing aircraft, at 75m line-spacing totaling 5,100 line-km. Final data processing, data interpretation, target selection and recommendations for follow-up ground-based exploration and drilling programs will also be handled by TerraLogic. This process is expected to take approximately six weeks, followed immediately by the recommended fieldwork in the summer and fall 2021. Application for the required regulatory permits for the ground-based work is in […]

Is now the time to invest in uranium?

Is now the time to invest in uranium?

www.123rf.com For some time the uranium market was in a lull. However, in recent times this has changed with a bullish market predicted for 2021. What does mean for African uranium producers. Will we see them finally bring their assets into production on the back of the resurgence in this commodity?

These were some of the key talking points of a recent Mining Review Africa webinar titled Uranium: A resurgence on the cards? The topic was discussed by a panel of experts comprising Daniel Major , CEO: GoviEx Uranium; Brandon Munro , CEO Bannerman Resources; and Dr Kelvin Kemm , CEO: Stratek.

THIS ARTICLE FIRST APPEARED IN MINING REVIEW AFRICA ISSUE 2, 2021
READ THE FULL DIGIMAG HERE OR SUBSCRIBE TO RECEIVE A PRINT COPY HERE
Kicking off the conversation Major said that Africa is focussed on strongly focused on developing nuclear energy, pointing out that there are […]

New Focus on Clean Energy Boon for Uranium

New Focus on Clean Energy Boon for Uranium

NEW YORK, April 20, 2021 /PRNewswire/ — The world is hearing a growing chorus of urgency to change the curve of carbon emissions. Calling it a "climate emergency," " Scientific American" recently said, "the adverse effects of climate change are much more severe than expected. . . . Every effort must be made to reduce emissions and increase removal of atmospheric carbon." It will take a concerted global effort to turn the tide, and nuclear energy is an integral part of the solution. Nuclear energy has been safely and quietly powering America with clean, carbon-free electricity for more than 60 years. The most reliable energy source in the country, nuclear power provides electricity to about one in five American homes and delivers more than half of the nation’s carbon-free electricity. Clean, safe and carbon free, nuclear power has all the attributes needed to help bend the curve on carbon […]

Uranium Week: ESG Considerations For Nuclear

Uranium Week: ESG Considerations For Nuclear

As the uranium price slides for a second week, the World Nuclear Association weighs the relevance of ESG principles to investment in the sector.

-Perspectives on ESG for the nuclear fuel cycle
-Potential nuclear energy roadmap for South Australia
-The weekly spot uranium price falls -2.6%

The nuclear power industry and its supply chain is said to already conform with the environment, social and governance (ESG) principles being discussed by investors.However, speakers at the World Nuclear Fuel Cycle virtual conference on April 14 agreed industry needed to be more vocal in getting this message across. A panel discussion dedicated to the application of ESG to the nuclear fuel cycle delivered perspectives from the industry’s key thought-leaders.Riaz Rizvi, former Chief Commercial Officer of Kazatomprom, moderated the panel which brought together an array of industry experts from the uranium sector.Partner at Segra Capital Management, Arthur Hyde, noted that for most […]

Uranium Energy Corp. (NYSE:UEC)โ€™s stock falls -3.64%, but it may be worth investing in

Uranium Energy Corp. (NYSE:UEC) price is hovering lower on Monday, Apr 19, sinking -3.64% below its previous close.

A look at today’s price movement shows that the recent level at last check reads $2.75, with intraday deals fluctuating between $2.6200 and $2.8050. The company’s 5Y monthly beta was ticking 2.43 while its P/E ratio in the trailing 12-month period read 0. Taking into account the 52-week price action we note that the stock hit a 52-week high of $3.67 and 52-week low of $0.77. The stock lost -6.78% on its value in the past month.

Uranium Energy Corp., which has a market valuation of $647.79 Million, is expected to release its quarterly earnings report in Jun 2021. The company stock has a Forward Dividend ratio of 0, while the dividend yield is 0. It is understandable that investor optimism is growing ahead of the company’s current quarter results. Analysts tracking UEC […]

Jay Currieโ€™s Motherlode: Fission Uranium & Red Light Holland

Jay Currieโ€™s Motherlode: Fission Uranium & Red Light Holland

Fission Uranium Corp.

I am convinced the nuclear industry will thrive in the next decade. All those electric vehicles are going to need a lot of electricity and, frankly, wind and solar are not going to cut it. Which leaves nuclear energy – big or small, nuclear reactors are the only “green” source of electrical generation which can possibly meet surging demand.

Reactors require fuel which, for the foreseeable future, means uranium. The good news is that the Athabasca Basin in Saskatchewan is full of the stuff. The investment challenge I set myself was to find a company with a real property, real prospects and a deposit which was near surface. There are several juniors which fit the bill but Fission Uranium Corp. (TSX: FCU | OTCQX: FCUUF) has completed a pre-feasibility study of its Triple R deposit.

This is a uranium deposit where the high grade material starts just 50 […]

Fission Uranium CEO, Ross McElroy, to Present at the H.C. Wainwright Spring Mining Conference (Virtual), April 19-20, 2021

KELOWNA, BC, April 14, 2021 /CNW/ – FISSION URANIUM CORP. ("Fission" or the "Company") is pleased to announce that President and CEO, Ross McElroy, will present at the H.C. Wainwright Spring Mining Conference, which will take place virtually on April 19-20, 2021. Mr. McElroy will provide an overview of Fission’s resource expansion program and progress towards feasibility status for the Company’s high-grade, near surface uranium project in Saskatchewan.

Event Details Event: H.C. Wainwright Spring Mining Conference

Company Webcasting Link: Fission Presentation Link

Location: Virtual Conference If you are an institutional investor, and would like to attend Fission’s live presentation or arrange a meeting with Fission’s CEO Ross McElroy, please visit www.hcwevents.com/mining to register for the conference. If you are unable to attend, you may also listen to the recorded presentation at: Fission Presentation Link , shortly after the live presentation on Monday, April 19th, 2021 at 12:00 PM […]

Uranium Royalty Corp. Announces Participation at the H.C. Wainwright Spring Mining Conference April 19-20, 2021 (Virtual Conference)

Uranium Royalty Corp. Announces Participation at the H.C. Wainwright Spring Mining Conference April 19-20, 2021 (Virtual Conference)

VANCOUVER, BC, April 13, 2021 /CNW/ – Uranium Royalty Corp. (TSXV: URC ) (" URC " or the " Company ") today announced it will be featured as a presenting company at the H.C. Wainwright Spring Mining Conference. The conference is being held on April 19-20, 2021 virtually.

Scott Melbye, President and CEO of Uranium Royalty Corp., will provide an overview of the Company’s business during the live presentation and will be available to participate in one-on-one meetings with investors who are registered to join the conference.

If you are an institutional investor, and would like to listen to the Company’s presentation, please click on the following link ( www.hcwevents.com/mining ) to register for the conference.

You may also listen to the company presentation online at: https://bit.ly/3uBBXKl , starting on Monday, April 19 th , 2021 at 12:30 PM ET and archived for 90 days.Event: H.C. Wainwright Spring Mining Conference (Virtual Conference) […]

Uranium prices may be pressured on Cameco mine restart, BMO says

This should have actually have no influence in the spot price bec it was well known that Covid was the reason thar Cameco had to stop into production. The analyst forgets as well that many companies will not start mining Uranium again unles the spot price moves at least to 55/60 Euros. Bear also in mind that it takes month to restart a Uranium mind. Also many new reactors are being built and until 2025 the need for Uranium will run up much higher. Taht is reason why the uranium stocks starting to move up. If there would be so much on the spot market left…it would have been easier for Cameco to buy on the spot market and resell…so one has to wonder why.they decided to restart the production. Long term contracts are setup for higher prices and are different from spot price.

@diewolfsschanze I normally read your […]

Uranium Week: Cameco Plans Mine Restart

Uranium Week: Cameco Plans Mine Restart

As the uranium price rise of recent weeks takes a breather, Cameco plans to restart production at the Cigar Lake mine

-Cameco’s Cigar Lake mine to restart
-Recent research on ASX-listed uranium companies
-The weekly Spot uranium price falls -2.7%

In a move that surprised some commentators given the pandemic caseload in northern Canada, Cameco has announced it plans to restart production at the Cigar Lake uranium mine in April. In some quarters it’s felt recent tightening in the spot market and the potential for further covid supply disruption may have played a part in the decision.The Cigar Lake mine is the world’s largest operating uranium mine, producing around 18mlbs per year representing circa 13% of global supply. Production was previously suspended in December 2020, for the second time that year, due to increased risks related to covid. Earlier, Cameco had constrained production simply due to too-low uranium prices, […]