Uranium Energy Stock Has 53% Upside, According to 1 Wall Street Analyst [Yahoo! Finance]
Uranium Energy Corp. (UEC)
NASDAQ:AMEX Investor Relations:
uraniumenergy.com/invest
Company Research
Source: Yahoo! Finance
But one analyst believes that the uranium mining company's stock will power considerably higher. Heiko Ihle, an analyst at H.C. Wainright, raised the price target on Uranium Energy's stock Tuesday to $10.25 from $9.75. With shares of Uranium Energy closing at $6.71 that day, Ihle's price target implies upside of 53%. Uranium prices have soared -- and so will Uranium Energy stock The basis for Ihle's upwardly revised price target on Uranium Energy stock stems from the company's recently reported financial results for the second quarter of its fiscal 2024 and the rise in the market price of uranium. As of Jan. 31, Uranium Energy reported having more than 1.16 million pounds of uranium concentrate in its inventory, a 35% increase over the 866,000 pounds that it had in inventory at the end of October 2023. This is especially auspicious considering the spike in market price of uranium. While the spot price of triuranium octoxide had plunged to about $17.75 per pound in November 2016,
Show less
Read more
Impact Snapshot
Event Time:
UEC
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
UEC alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
UEC alerts
High impacting Uranium Energy Corp. news events
Weekly update
A roundup of the hottest topics
UEC
News
- Congress Approves Ban on Imports of Enriched Uranium From Russia [Yahoo! Finance]Yahoo! Finance
- Why the Market Dipped But Uranium Energy (UEC) Gained Today [Yahoo! Finance]Yahoo! Finance
- Anfield Energy Submits Plan of Operation to the State of Utah for the Velvet-Wood Mine as the Company Continues its March Towards Uranium Production [Financial Post (Toronto, Ontario, Canada)]Financial Post
- Anfield Energy Submits Plan of Operation to the State of Utah for the Velvet-Wood Mine as the Company Continues its March Towards Uranium Production [Yahoo! Finance]Yahoo! Finance
- Uranium Energy Corp Applauds the U.S. Senate on Passing a Bipartisan Bill to Ban Russian Uranium Imports [Yahoo! Finance]Yahoo! Finance
UEC
Earnings
- 3/8/24 - In-Line
UEC
Sec Filings
- 5/1/24 - Form 8-K
- 4/26/24 - Form SD
- 4/2/24 - Form 10-K/A
- UEC's page on the SEC website