NYSEAM:UEC - Post by User
Post by
mangoeon Aug 26, 2022 12:18pm
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Post# 34922821
What constitute Re - Rating of Stocks Target Price❓
What constitute Re - Rating of Stocks Target Price❓Upward or Downward move in the price of the commodity will affect stock price. ( target price)
Or gainig more or less of a particular commodity in a company will affect the target price.
UEX got 1/2 of the JCU property 49 million lbs of uranium with over 70 million shares added or diulted in UEX, Sprott target went from 80 cents a share Re - Rating new target was $1.15 a share.
If they had got all the JCU property approx 100 million lbs of uranium, UEX would have double there existing asset , so Sprott Re - Rating target could have gone from 80 cents a share to over $1.60+ new target.
There is no way UEC can double there asset from 150 million lbs of uranium to 300 million lbs of uranium with only 14% dilution of shares & over $180 million usd cash & no Re - Rating take place, the current $6+ & $7 target price remain static, Re - Rating will take place not on anybody time schedule.