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Uranium Energy Corp UEC

Energy
Uranium Energy Corp. is a uranium mining company. The Company advances in In-Situ Recovery (ISR) mining uranium projects in the United States and high-grade conventional projects in Canada. It offers two production ready ISR hub and spoke platforms in South Texas and Wyoming. These two production platforms are anchored by operational central processing plants and served by seven U.S. ISR uranium projects. Additionally, it has diversified uranium holdings, including uranium portfolios of North American warehoused U3O8; an equity stake in Uranium Royalty Corp., and a Western Hemisphere pipeline of resource stage uranium projects. The Texas Hub and Spoke Project includes Hobson Central Processing Plant (CPP), Burke Hollow, Goliad, Palangana, and Salvo. The Wyoming Asset Hub and Spoke In-Situ Recovery Project includes Christensen Ranch and Irigaray (Willow Creek), Moore Ranch, Ludeman, Allemand-Ross, and others. It also owns projects, including Henday Lake, Carswell, and Milliken.


NYSEAM:UEC - Post by User

Uranium Energy Corp > U.UN has formed a nice bottom on the daily chart
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Comment by GSTbay1060on Jul 26, 2024 4:28pm
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Post# 36150543

RE:U.UN has formed a nice bottom on the daily chart

RE:U.UN has formed a nice bottom on the daily chartMM you would think so. There have been so many positive developments in the space and the sector, in general, still is lagging.. I continue to believe that things will really start to move when the fuel buyers step back into the market. They have not been contracting at a replacement rate for a while so if they try to shore up their reserves it may get interesting. However lots of utilities had old contracts with flex provisions and have exercised those options..  We will have to wait and see but it looks like there maybe light at the end of the tunnel.  I just hope it's not a train coming !!!
glta
dyodd

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