Zacks Rating on Uranium Energy (UEC)

Uranium Energy (UEC) : 4 analysts are covering Uranium Energy (UEC) and their average rating on the stock is 1, which is read as a Strong Buy. 4 equity analysts believe that the stock has a bright future and the price doesnt capture all of its upside, hence they rate the stock as a Strong Buy. A Zacks Investment Research rank of 3, which recommends a Hold affirms that they expect a large upside in the stock from the current levels.

Uranium Energy (UEC) : The consensus price target for Uranium Energy (UEC) is $2.93 for the short term with a standard deviation of $1.04. The most optimist securities analyst among the 4 who monitor the stock believes that the stock can reach $4, however, the pessimist price target for the company is $2.


Uranium Energy Corp. has dropped 6.25% in the last five trading days, however, the shares have posted positive gains of 16.67% in the last 4 weeks. Uranium Energy Corp. is up 43.84% in the last 3-month period. Year-to-Date the stock performance stands at -0.94%. Uranium Energy (NYSEMKT:UEC): stock turned positive on Tuesday. Though the stock opened at $1.07, the bulls momentum made the stock top out at $1.0701 level for the day. The stock recorded a low of $1.02 and closed the trading day at $1.05, in the green by 0.96%. The total traded volume for the day was 426,330. The stock had closed at $1.04 in the previous days trading.

Uranium Energy Corp., formerly Carlin Gold Inc., is engaged in uranium mining and related activities, including exploration, pre-extraction, extraction and processing of uranium concentrates, on projects located in the United States and Paraguay. The Company utilizes in-situ recovery (ISR) mining. The Company has uranium mine located in the state of Texas, the Palangana Mine, which utilizes ISR mining and extracts uranium oxide (U3O8). The Company has uranium processing facility or mill located in the state of Texas, the Hobson Processing Facility, which processes material from the Palangana Mine into drums of U3O8. The Companys projects include Burke Hollow Project, Goliad Project, Longhorn Project, Salvo Project, Nichols Project, Anderson Project, Workman Creek Project, Los Cuatros Project, Slick Rock Project, Yuty Project and Coronel Oviedo Project.

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