Is Uranium Energy Stock a Buy?

Uranium Energy has a valuable stockpile of uranium to sell, but it still doesn’t have an operating uranium mine.

Management at Uranium Energy ( UEC 1.85%) chose to buy uranium at a time when uranium prices were near historic lows, which was a very difficult moment to make such a decision, and it built up a nice stockpile. The company deserves credit for that, because it is now reaping the benefits by selling uranium while ore used to make nuclear fuel has increased in value.

The stockpile of ore is one of the main reasons investors are considering buying the stock right now as the company works to build out a uranium mining business. But there are other factors that need to be considered as well. Here’s what you need to know before you buy Uranium Energy. Uranium Energy timed the markets right

After the Fukushima nuclear meltdown in 2011, governments […]

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