Wall Street Fundamentals Releases New In-Depth Stock Reports on UEC, URG, URZ and LAM
Uranium stocks rallied Monday as shares of uranium supplier USEC Inc. unexpectedly soared as high as 161 percent. Analysts believe the rise was due to a combination of a short squeeze and recent victory for Prime Minister Shinzo Abe’s Liberal Democratic Party in Japan. Prime Minister Abe, whose party is considered to be pro-nuclear, is expected to restart the nuclear reactors that were shut down as a result of the Fukushima disaster in 2011.
Uranium Energy Corp. (NYSEMKT: UEC) shares traded in the range of $2.18 to $2.48 Monday before settling to close at $2.46, an increase of 12.33 percent. The stock appears to be facing some resistance at the $2.49 and $2.70 levels with some support at $2.30. Shares of Uranium Energy have fallen approximately 3.9 percent in 2013.
More information on Uranium Energy and access to the free equity report can be found at:
www.WallStreetFundamentals.com/UEC
Ur-Energy Inc. (NYSEMKT: URG)(TSX: URE) shares traded in the range of $1.17 to $1.34 Monday before settling to close at $1.34, an increase of 14.53 percent. The stock appears to be facing some resistance at the $1.34 and $1.53 levels with some support at $1.20. Shares of Ur-Energy have gained approximately 58.4 percent in 2013.
More information on Ur-Energy and access to the free equity report can be found at:
www.WallStreetFundamentals.com/URG
Uranerz Energy Corp. (NYSEMKT: URZ)(TSX: URZ) shares traded in the range of $0.50 to $0.61 Monday before settling to close at $0.61, an increase of 19.61 percent. The stock appears to be facing some resistance at the $1.42 and $1.45 levels with some support at $1.40. Shares of Uranerz Energy are up approximately 2.2 percent in 2013.
More information on Uranerz Energy and access to the free equity report can be found at:
www.WallStreetFundamentals.com/URZ
Laramide Resources Ltd. (TSX: LAM) shares traded in the range of $0.50 to $0.61 Monday before settling to close at $0.61, an increase of 19.61 percent. The Company’s projects include the Westmoreland in Australia and two development stage assets, La Sal and La Jara Mesa, in the United States. Shares of Uranium Energy have fallen approximately 25.6 percent in 2013.
More information on Laramide Resources and access to the free equity report can be found at:
www.WallStreetFundamentals.com/LAM
Wall Street Fundamentals offers our members a full range of investor services including in-depth equity reports on your favorite companies and timely market updates featuring the hottest stocks trending in the marketplace.
Activate your always free membership by signing up at www.WallStreetFundamentals.com today.
Disclaimer: Information, opinions and analysis contained herein are based on sources believed to be reliable, but no representation, expressed or implied, is made as to its accuracy, completeness or correctness. The opinions contained herein reflect our current judgment and are subject to change without notice. We accept no liability for any losses arising from an investor's reliance on or use of this report. This report is for information purposes only, and is neither a solicitation to buy nor an offer to sell securities. Certain information included herein is forward-looking within the meaning of the Private Securities Litigation Reform Act of 1995, including, but not limited to, statements concerning manufacturing, marketing, growth, and expansion. Such forward-looking information involves important risks and uncertainties that could affect actual results and cause them to differ materially from expectations expressed herein. Wall Street Fundamentals has no financial relationship with any company whose stock is mentioned in this release.
Contact:
Wall Street Fundamentals
Website: www.WallStreetFundamentals.com
Email: editor@wallstreetfundamentals.com