Canaccord Genuity slashes price target on Uranium Energy Corp. [UEC] – find out why.

Uranium Energy Corp. [AMEX: UEC] stock went on an upward path that rose over 1.15% on Wednesday, amounting to a one-week price decrease of less than -10.17%. The company report on March 22, 2021 that Uranium Energy Corp Completes Financing to Expand Physical Uranium Initiative.

Uranium Energy Corp (NYSE: UEC), (the “Company” or “UEC”) is pleased to announce the closing of its previously announced offering of an aggregate of 10,000,000 shares of common stock of the Company (each, a “Share”) at a purchase price of $3.05 per Share and for gross proceeds of $30,500,000 in a registered direct offering (the “Offering”).

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