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UEX Corp T.UEX


Primary Symbol: UEXCF

UEX Corp is an exploration and development company. It is engaged in the exploration and evaluation of its mineral properties located in the province of Saskatchewan. The company's projects include the Hidden Bay Project, Horseshoe-Raven Project, West Bear Project and others.


OTCQB:UEXCF - Post by User

Comment by invest4funon Jul 04, 2022 12:50pm
138 Views
Post# 34799477

RE:Pop

RE:Pop
Cobalt! wrote:
what made this stock pop up to 35.5 today? There was a huge lot around 10 and now it disappeared. Any ideas?


I posted yesterday that we would pop up to $0.355 because UEX stock is now a proxy for UEC stocks and UEC was up to US$3.32 on Friday. A no brainer that someone would want to snap up UEX at bargain prices. Before trading today:

UEC:UEX share exchange:

0.0831

 

 

 

 

 

USD>CAD exchange rate:

$1.29

UEC price US$

UEC price CAD

UEX price CAD

UEXCF price US$

UEX price US$ (con from CAD)

current

 

US$3.32

$4.28

$0.330

US$0.265

US$0.256

 

UEC price (CAD) x 0.0831=

$0.356

 

 

 

difference (+ve means the offer is a premium to current UEX share price)

$0.026

 

 


We have to get used to the fact that UEX will trade in lock step with UEC using the above formula unless (until) another offer comes in.
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