Uranium Energy Corp. Also Can't Make American Uranium Great Again

Uranium Energy Corp. Also Can’t Make American Uranium Great Again

Photo by kasezo/iStock via Getty Images Understand the nature of the companies you own and the specific reasons for holding the stock. ("It is really going up!" doesn’t count.) – Peter Lynch , One Up on Wall Street Investment thesis

Back in March, I wrote an article on U.S.-focused uranium miner Energy Fuels (NYSEMKT: UUUU ) titled "Energy Fuels Can’t Make American Uranium Great Again".

My idea was that the USA is no longer a factor in the uranium sector and that the businesses of local companies are next to worthless. This includes Uranium Energy Corp. (NYSE: UEC ), which has a market capitalization of $638.6 million as of the time of writing.

Based on the quality of Uranium Energy’s assets, I think the company shouldn’t be worth much higher than $100 million. Overview of the operations While Energy Fuels advertises itself as the largest U.S. producer of uranium, […]

About the author: StockMan

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