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Stock impact report

Is It Too Late to Buy Uranium Energy Stock? [Yahoo! Finance]

Uranium Energy Corp. (UEC) 
NASDAQ:AMEX Investor Relations: uraniumenergy.com/invest
Company Research Source: Yahoo! Finance
Is it too late to buy this soaring growth stock? Everyone was waiting for this moment Most people have heard of uranium. Most people also are aware that uranium is what powers large nuclear reactors. What most people don't realize, however, is that the uranium market has one of the wildest histories of any commodity market. In the 1970s, uranium prices surged 17 times higher due to rising demand. The world's civilian nuclear energy industry took off, and many believed uranium would soon surpass fossil fuels as a power source for electricity generation. But in the wake of the accident at Three Mile Island, the public appetite for nuclear power waned, and by the end of the decade, with supply rising faster than demand, uranium prices had crashed. They continued to trend downward both before and after Chernobyl. Then, in the early 2000s, uranium prices surged by nearly 1,500% from their low point due to, among other things, rising expected demand from China and a global supply Show less Read more
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