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Uranium Energy Corp. UEC

Uranium Energy Corp. (UEC: NYSE American) is an independent U.S. uranium mining company. UEC controls 104M lbs. of qualified resources and a fully permitted uranium processing plant in South Texas. The Company has a potential production profile of 4 million pounds of U.S.-origin U3O8 per year with room to expand. Chairman is former U.S. Energy Secretary, Spencer Abraham.


NYSEAM:UEC - Post by User

Post by mangoeon Feb 23, 2024 8:43pm
81 Views
Post# 35896768

Uranium Spot is predicted to be betweenđź‘€

Uranium Spot is predicted to be betweenđź‘€$106.00 per lb on the low end, to $150.00 per lb this year on the high end in 2024 this year.

And most stocks lag the commodity this phase of the run up from under $20.00 per lb to $106. per lb, & out perform the Uranium  Spot on the downside so far in this 10 to 20%+ correction.Most uranium stocks did not reach their predicted target price, also the target price was also  dynamic on the upside.

Lets see in the next phase, from $100.00 to $150 per lb Uranium spot, if Uranium stocks will outperform the commodity on the upside.




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