Market Analysts see Uranium Energy Corp. [UEC] gaining to $1.50. Time to buy?

Uranium Energy Corp. [AMEX: UEC] price surged by 10.45 percent to reach at $0.35. The company report on December 20, 2021 that Uranium Energy Corp Completes Acquisition of Uranium One Americas to Create America’s Largest Uranium Mining Company.

Uranium Energy Corp. (NYSE American: UEC) (the “Company” or “UEC”) is pleased to announce the Company has completed the transactions contemplated in the definitive share purchase agreement with Uranium One Investments Inc., a subsidiary of Uranium One Inc. (“Uranium One”), and has acquired all of the issued and outstanding shares of Uranium One Americas, Inc. (“U1A”) for a total purchase price of $112 million in cash together with an additional $2.9 million in estimated working capital (primarily pre-paid insurance and land payments) and the assumption of $19 million in reclamation bonding (the “Acquisition”). Uranium One is the world’s fourth largest uranium producer and part of Russia’s State Atomic Energy Corporation, Rosatom.

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