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UEC:NYSE AMERICAN

Uranium Energy Corp.

Uranium Energy Corp is a U.S. based uranium mining and exploration company with a proven uranium production record. UEC is production ready with fully licensed, low cost, U.S. in-situ-recovery (ISR) projects and operational infrastructure. The company has a U.S. production profile of 4 Mlbs/year and is well positioned to ramp up production as a supply source for the U.S. Uranium Reserve and or commercial requirements. In total, the company controls projects in the U.S., Canada and Paraguay with 104 Mlb of Measured & Indicated & Inferred U308 Resources. UEC's management team is well known for industry excellence based on many decades of hands-on experience, including the company’s chairman, former U.S. Energy Secretary, Spencer Abraham.
UEC:NYSEAMERICAN

Expert Comments:

headshot of Heiko Ihle

Heiko Ihle, H.C. Wainwright & Co.

(4/15/21)
"Uranium Energy Corp. has utilized two drill rigs to complete 40 resource delineation holes at the Burke Hollow in situ recovery uranium project, as management looks to improve the understanding of five Goliad Formation trends within PAA-1. . .the company also installed roughly 45 additional exterior monitoring wells to account for trend extensions."

headshot of Gwen  Preston

Gwen Preston, The Maven Letter

(4/14/21)
"Uranium Energy Corp. released results from 40 holes drilled on its Burke Hollow target. The 14 highlight holes from that effort demonstrate the property's ability to become the largest U3O8 deposit of its kind in south Texas; a handful of the intercepts from these latest holes returned gram thicknesses above the company's cutoff range for in situ recovery resources."

Uranium Energy Corp owns a rapidly growing portfolio of uranium-related assets. In this Streetwise Reports article, CEO Amir Adnani lays out UEC's business objectives and explains rising uranium prices.
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headshot of Colin Healey

Colin Healey, Haywood Securities

(4/6/21)
"Uranium Energy Corp. announced that it has entered into agreements to purchase an additional 705 Klb physical uranium, worth about $21.8M at current prices, for delivery in December 2022. That brings the company's total physical holdings to 2.105 Mlb of U.S.-warehoused uranium at a weighted average acquisition price of about $30/lb."

Uranium Energy generates $30 million through a direct stock offering.
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A Canaccord Genuity report notes that Uranium Energy Corp. is "well funded to advance development and eventual construction in South Texas" and increases its target price on the company.
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Uranium Energy "has the balance sheet strength to lead U.S. uranium production higher."
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headshot of Gwen  Preston

Gwen Preston, The Maven Letter

(3/17/21)
"Uranium Energy Corp. announced it had already spent $10.9M buying 400 Klb uranium at a price of $27.29/lb to establish a strategic stockpile. Two days later the company tripled that stockpile, announcing deals to buy another 800 Klb uranium. . .Uranium Energy is building a strategic uranium pile right now because there is finally enough momentum that the bull is now undeniable, and the company knows it will make a lot of money buying physical today and holding it."

Katie Lachapelle, Canaccord Genuity

(3/17/21)
"Uranium Energy Corp. announced that it has entered into an agreement to purchase an additional 800 Klb uranium. Recall that just yesterday the company reported it had entered into a separate agreement for the purchase of 400 Klb uranium. . .in addition to the purchase agreement, Uranium Energy announced a $30.5M financing at a price of $3.05/share, representing a 6% discount to the prior day's close."

Katie Lachapelle, Canaccord Genuity

(3/16/21)
"Uranium Energy Corp. announced its intention to purchase a physical uranium inventory. . .the company has entered into an agreement to purchase 400 Klb uranium concentrates at a price of $27.29/lb, in line with the current spot price of $27.30/lb, for a total cost of $10.9M."

Amir Adnani
Amir Adnani, president and CEO of Uranium Energy Corp., in this interview with Streetwise Reports, discusses the creation of the U.S. Strategic Uranium Reserve, the large structural deficit in uranium, and what actions the company is taking to supply the reserve and position itself as long-term fundamentals underlying the market continue to strengthen.
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ROTH Capital Partners report calls the advancement of the Burke Hollow project in Texas a "positive sign."
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Uranium Energy Corp.'s favorable position and the reasons for a target price raise on the company are covered in an H.C. Wainwright & Co. report.
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The key reasons Uranium Energy warrants Top Pick status and makes a compelling investment are presented in a Haywood Capital Markets report.
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More Expert Comments

Experts Following This Company

headshot of Colin Healey
Colin Healey, Analyst – Haywood Securities
headshot of Heiko Ihle
Heiko Ihle, Managing Director – H.C. Wainwright & Co.
Katie Lachapelle, Associate Analyst – Canaccord Genuity
headshot of Gwen  Preston
Gwen Preston, Founder Resource Maven
headshot of Joe Reagor
Joe Reagor, Analyst – ROTH Capital Partners
Mitch Vanderydt – Eight Capital

Company News

6/9/2021 – Uranium Energy Corp Files Fiscal 2021 Q3 Quarterly Report

5/25/2021 – MiningNewsBreaks - Uranium Energy Corp. (NYSE American: UEC) Able to Fully Fund Physical Uranium Initiative

5/20/2021 – InvestorNewsBreaks - Uranium Energy Corp. (NYSE American: UEC) Announces Increases in Physical, Equity Uranium Holdings

5/20/2021 – Uranium Energy Corp Increases Physical and Equity Uranium Holdings

5/7/2021 – MiningNewsBreaks - Uranium Energy Corp. (NYSE American: UEC) Poised for Opportunity Amid Rising Demand

4/14/2021 – Uranium Energy Corp Completes Initial 40 Development Holes at First Production Area of its Burke Hollow ISR Project in South Texas

4/13/2021 – Uranium Energy Corp Announces Participation at the H.C. Wainwright Spring Mining Conference April 19-20, 2021 (Virtual Conference)

4/9/2021 – Uranium Energy Corp.'s (NYSE American: UEC) Executive Vice President Scott Melbye Presents Testimony at Senate Committee Hearing

4/9/2021 – Uranium Energy Corp Completes Financing and Reports Over $110 Million in Cash, Equity and Inventory Holdings as of April 9, 2021

4/6/2021 – Uranium Energy Corp Expands Physical Uranium Initiative to Purchase 2.1 Million Pounds U3O8 and Announces Financing

3/26/2021 – Uranium Energy Corp's Executive VP Scott Melbye Testifies at the U.S. Senate Committee on Energy & Natural Resources

3/22/2021 – Uranium Energy Corp Completes Financing to Expand Physical Uranium Initiative

The information provided above is from analysts, newsletters and other contributors. Please contact the company and visit its website before making an investment decision.See disclaimer for more details.

Investing Highlights
 
UEC is a US uranium producer that is well positioned to take advantage of a rising uranium price. UEC has prod ready assets within reach of its South TX Hobson central processing plant and its Reno Creek project is fully permitted/construction ready.
 
Operational Infrastructure - Ready to Ramp Up with a U.S. Production Profile 4M lbs./yr. of near-term production when the uranium price incentivizes.
 
Aggressively Expanded Project Portfolio Through Acquisitions During the Downturn
catalyst Calendar
Q1
2021
Further exploration, permitting and field advancement at ISR projects in Texas and Wyoming, includin
Q1
2021
Potential for action following positive recommendations of U.S. Nuclear Fuel Working Group and legis
Q2
2021
Following major global production cuts, improved sector fundamentals (demand/supply are the best we