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Uranium Energy Corp UEC

Metals & Mining Industrial Metals & Minerals
Uranium Energy Corp. is a uranium mining company. It advances its In-Situ Recovery (ISR) mining uranium projects in the United States and 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 Sweetwater Plant, Red Desert Uranium Project and Green Mountain Uranium Project.


NYSEAM:UEC - Post by User

Uranium Energy Corp
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Post by mangoeon Sep 06, 2024 12:34pm
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Post# 36212006

Uranium Spot price ❓

Uranium Spot price ❓
John Quakes
@quakes99 -

Spot #Uranium for US #Nuclear fuel brokers
@UraniumMarkets
is UP +40c to $80/lb today while Conversion has hit a new all-time high of $70 but #Canada/US markets have gone "risk off" dumping high risk #mining & #energy sectors hammering down U #stocks again with no regard to 'best ever' fundamentals.

Traders are selling low for many U names that are already at multi-year lows as they flee to the safety of cash. The U sector fire sale continues in spite of there being no pathway to a balanced Uranium market this decade with soaring future #U3O8 prices more certain than ever.

Every trade has both a seller and a buyer, with contrarians loading up the truck today at unbelievable bargain prices for the highest quality U names.
 
 
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