What Are Uranium Energy Corp.’s Short-Term Prospects?

Uranium Energy Corp. (AMEX:UEC) price closed higher on Monday, March 21, jumping 10.04% above its previous close.

A look at the daily price movement shows that the last close reads $4.58, with intraday deals fluctuated between $4.69 and $5.25. The company’s 5Y monthly beta was ticking 2.06. Taking into account the 52-week price action we note that the stock hit a 52-week high of $5.79 and 52-week low of $1.89. The stock added 67.44% on its value in the past month.

Uranium Energy Corp., which has a market valuation of $1.36 billion, is expected to release its quarterly earnings report Dec 14, 2021. Analysts tracking UEC have forecast the quarterly EPS to shrink by 0 per share this quarter, while the same analysts predict the annual EPS to hit $0 for the year 2022 and up to -$0.03 for 2023.

Revisions to the company’s EPS highlights a short term direction of a […]

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