Uranium Energy Corp. UEC

Energy

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

Uranium Energy Corp. > Another quality U stock that finished in the GREEN today.

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Comment by GSTbay1060on Apr 16, 2024 11:01pm

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RE:Another quality U stock that finished in the GREEN today.

yes they will be in production around 2030.. Till then they have to raise over a Billion dollars by dilution or credit. There will be many challenges along the way .. They will eventually produce.. UEC will begin around this August..
So NXE will be a good company but it has an uphill climb.. The ongoing shortage of Uranium will create an environment that will make them profitable when they payback their loans. Unless they are bought out???
glta
dyodd

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