Brokerage Firm Rating Update on Uranium Resources (URRE)

Uranium Resources (URRE) : 1 analysts are covering Uranium Resources (URRE) and their average rating on the stock is 1, which is read as a Strong Buy. 1 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 2, which recommends a Buy affirms that they expect a large upside in the stock from the current levels.


For the current week, the company shares have a recommendation consensus of Buy.

Uranium Resources (NASDAQ:URRE): stock was range-bound between the intraday low of $1.61 and the intraday high of $1.87 after having opened at $1.86 on Wednesdays session. The stock finally closed in the red at $1.86, a loss of -8.20%. The stock remained in the red for the whole trading day. The total traded volume was 1,218,094 shares. The stock failed to cross $1.87 in Wednesdays trading. The stocks closing price on Thursday was $1.83.

Uranium Resources, Inc. is a uranium exploration, development and production company. The Company has approximately 195,000 acres of mineral holdings in the Grants Mineral Belt of the State of New Mexico and 17,000 acres in the South Texas uranium province. It has portfolios of uranium mineralization in the western United States of America, much of which is situated on deeded mineral rights owned directly by the Company. In addition, the Company also owns a collection of exploration and production data pertaining to uranium deposits in the western United States, including assay certificates, maps, technical reports and gamma-ray logs for more than 20,000 drill-holes. It has an interest in mid-term in-situ recovery projects, including the Alta Mesa Este, Butler Ranch and Sejita Dome Exploration Projects. Its projects include Kingsville Dome, Rosita and Vasquez, among others.

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