Company Performance - Uranium Energy (UEC) closed at $4.98, showing no change from the previous day, while outperforming the S&P 500, which fell by 0.29% [1] - Over the last month, UEC shares decreased by 0.8%, underperforming the Basic Materials sector's gain of 1.45% and the S&P 500's gain of 1.57% [1] Earnings Estimates - The upcoming earnings release for Uranium Energy is anticipated with a consensus revenue estimate of $27 million, reflecting a 30.68% decrease compared to the same quarter last year [2] Analyst Projections - Recent shifts in analyst projections for Uranium Energy are important to monitor, as positive revisions indicate analysts' confidence in the company's performance and profit potential [3] Valuation Metrics - Uranium Energy currently has a Forward P/E ratio of 55.33, significantly higher than the industry average of 14.81, indicating it is trading at a premium [6] - The Mining - Miscellaneous industry, part of the Basic Materials sector, has a Zacks Industry Rank of 176, placing it in the bottom 31% of over 250 industries [6] Zacks Rank System - The Zacks Rank system, which ranges from 1 (Strong Buy) to 5 (Strong Sell), shows that Uranium Energy has a current rank of 5 (Strong Sell) [5] - The Zacks Consensus EPS estimate has remained stagnant over the past month, indicating a lack of positive momentum [5]

Nuclear energy and uranium got a boost, but will it last given the long lead times to grow nuclear energy production? This week, nuclear energy stocks became a hot topic in the news as political forces pushed to expand nuclear production and tech companies indicated their willingness to be buyers. According to data provided by S&P Global Market Intelligence, Uranium Energy Corp. (UEC -3.52%) jumped as much as 26.1%, Cameco Corp. (CCJ -1.68%) rose 11.1%, American Superconductor (AMSC -0.60%) rose 23.5%, and ...

Uranium Energy (UEC) closed at $5.25 in the latest trading session, marking a +1.35% move from the prior day. This change outpaced the S&P 500's 0.75% gain on the day. At the same time, the Dow added 0.58%, and the tech-heavy Nasdaq gained 1%. Prior to today's trading, shares of the uranium mining and exploration company had gained 9.51% over the past month. This has outpaced the Basic Materials sector's gain of 0.53% and the S&P 500's gain of 4.03% in that time. The upcoming earnings release of Uranium Ene ...

NYSE American: UEC CORPUS CHRISTI, Texas, Sept. 12, 2024 /PRNewswire/ - Uranium Energy Corp (NYSE American: UEC), the "Company" or "UEC") is pleased to report results from the ongoing drill campaign at its Roughrider Project (the "Project"), located in Northern Saskatchewan, Canada. Drilling 850 metres northeast of the Roughrider Project Deposit has intersected additional high-grade uranium mineralization: Figure 1: Roughrider Location Map (CNW Group/Uranium Energy Corp)Figure 1: Roughrider Location Map (CN ...

Core Viewpoint - Uranium Energy Corp. (UEC) is preparing for increased nuclear power demand, projected to reach 130,000 tonnes per year by 2040, while facing challenges such as significant equity dilution and a downward trend in share prices correlated with spot uranium prices [1][11]. Company Operations - UEC is building uranium inventories for opportunistic sales, holding 1.166 million pounds of uranium concentrate as of Q3 '24, a significant increase from 171,000 pounds in Q3 '23 [2]. - The company purchased $63 million worth of uranium inventories in Q3 '24 but generated only $178,000 in uranium production value, consistent with previous year levels [2]. - UEC remains in the exploration stage for its mining projects and has not established proven or probable reserves, leading to larger losses on the income statement [3]. Financial Performance - UEC did not generate revenue in Q3 '24, reporting only $224,000 year-to-date from toll processing services [3]. - The company has raised $155 million year-to-date through share sales, resulting in significant dilution of shares [7]. Contracts and Pricing - UEC has a contract with the Department of Energy to supply 300,000 pounds of uranium at a 20% premium over spot prices, which currently results in a discount compared to the current spot price of $79 per pound [4]. - The expected spot uranium price is projected to trend towards $73 per pound by the end of CY24, influenced by trader activities rather than utilities [5]. Market Dynamics - Uranium demand is expected to rise from 65,650 tonnes per year to 130,000 tonnes by 2040, driven by small modular reactors (SMRs) and interest from hyperscalers like Amazon, Alphabet, and Microsoft in utilizing nuclear energy for AI factories [5]. - UEC's mineral rights and properties are valued at $558 million, with significant resources identified in various projects, including 79.2 million pounds in Wyoming and Texas, and 109.9 million pounds in Canadian assets [5]. Valuation - UEC trades at a price-to-book value of 3x, significantly lower than its peer Energy Fuels, which trades at 5.68x, indicating a discount despite UEC's exploration stage [8]. - The company is considered overvalued based on cash generation forecasts, with a target share price of $3.85 at 9.59x eFY25 EV/EBITDA [11].

In the latest market close, Uranium Energy (UEC) reached $4.79, with a +1.48% movement compared to the previous day. This move outpaced the S&P 500's daily loss of 0.16%. Meanwhile, the Dow experienced a rise of 0.09%, and the technology-dominated Nasdaq saw a decrease of 0.3%. The the stock of uranium mining and exploration company has risen by 6.55% in the past month, leading the Basic Materials sector's gain of 0.19% and the S&P 500's gain of 3.64%. Analysts and investors alike will be keeping a close ey ...

NYSE American: UEC CORPUS CHRISTI, Texas, Sept. 3, 2024 /PRNewswire/ - Uranium Energy Corp (NYSE American: UEC) the "Company" or "UEC") is pleased to announce that it has received a Sustainalytics Rating of 23.8, which places the Company as the leading uranium mining company and in the top 5th percentile of the Diversified Metals and Mining Subindustry as rated by Morningstar Sustainalytics (as at September 2, 2024). Amir Adnani, President and CEO stated: "As the fastest growing North American focused urani ...

In the latest trading session, Uranium Energy (UEC) closed at $5.30, marking a -1.3% move from the previous day. This change lagged the S&P 500's 0.32% loss on the day. Meanwhile, the Dow experienced a rise of 0.16%, and the technology-dominated Nasdaq saw a decrease of 0.85%. Coming into today, shares of the uranium mining and exploration company had lost 6.28% in the past month. In that same time, the Basic Materials sector gained 0.95%, while the S&P 500 gained 1.52%. Investors will be eagerly watching f ...

Investors often turn to recommendations made by Wall Street analysts before making a Buy, Sell, or Hold decision about a stock. While media reports about rating changes by these brokerage-firm employed (or sellside) analysts often affect a stock's price, do they really matter? Are you wondering why? The vested interest of brokerage firms in a stock they cover often results in a strong positive bias of their analysts in rating it. Our research shows that for every "Strong Sell" recommendation, brokerage firm ...

LOS ANGELES, June 24, 2024 (GLOBE NEWSWIRE) -- The Portnoy Law Firm advises Uranium Energy Corp. ("UEC" or the "Company") (NYSE: UEC) investors that the firm has initiated an investigation into possible securities fraud and may file a class action on behalf of investors. UEC investors that lost money on their investment are encouraged to contact Lesley Portnoy, Esq. On June 10, 2024, UEC filed its quarterly report for the quarter ended April 30, 2024 with the U.S. Securities and Exchange Commission. Among o ...