Uranium Energy Corp UEC

What constitute Re - Rating of Stocks Target Price❓

[mangoe]

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.

[plimbo23]

nah,quackie  another senseless try to justify what is not justifiable.the market makes the music not quackie / mango or anybody else.