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Uranium Energy UEC Stock Price Today

Uranium Energy Corp is engaged in the uranium mining and related activities, including exploration, pre-extraction, extraction and processing, on uranium projects located in the United States and Paraguay. In South Texas, the company’s hub-and-spoke operations are anchored by the fully licensed Hobson processing facility which is central to the Palangana, Burke Hollow and Goliad ISR projects. In Wyoming, it controls the Reno Creek project, which is the largest permitted, pre-construction ISR uranium project in the U.S.

UEC’s beta can be found in Trading Information at the top of this page. A stock’s beta measures how closely tied its price movements have been to the performance of the overall market. One share of UEC stock can currently be purchased for approximately $5.19. The company is scheduled to release its next quarterly earnings announcement on Thursday, September 28th 2023. MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation. The technique has proven to be very useful for finding positive surprises.

Why Shares of Uranium Energy, Cameco, and Energy Fuels Are Powering Higher Today

View analysts price targets for UEC or view top-rated stocks among Wall Street analysts. The Company has projects located in Texas, Wyoming, Paraguay, Mexico, Arizona, and Canada. The Company has two production platforms in South Texas and Wyoming. At the center of everything we do is a strong commitment to independent research and sharing its profitable discoveries with investors. This dedication to giving investors a trading advantage led to the creation of our proven Zacks Rank stock-rating system. Since 1988 it has more than doubled the S&P 500 with an average gain of +24.32% per year.

• Uranium Energy’s stock is owned by many different institutional and retail investors.
• The Barchart Technical Opinion rating is a 88% Buy with a Strongest short term outlook on maintaining the current direction.
• The technique has proven to be very useful for finding positive surprises.
• Uranium Energy has doubled (or more) its daily average of shares traded over the last 3 months.
• U3O8 in 389,000 tonnes grading 3.25% U3O8 in the Indicated category and 36.0 million lbs.

Uranium Energy’s stock was trading at $3.91 at the start of the year. Since then, UEC shares have increased by 32.7% and is now trading at $5.19. These 10 simple stocks can help beginning investors build long-term wealth without https://1investing.in/ knowing options, technicals, or other advanced strategies. Unemployment claims fell to their lowest levels since February last week, another sign the Federal Reserve will likely keep interest rates higher for longer.

Uranium Energy Corp. (UEC)

The industry with the best average Zacks Rank would be considered the top industry (1 out of 265), which would place it in the top 1% of Zacks Ranked Industries. The industry with the worst average Zacks Rank (265 out of 265) would place in the bottom 1%. An industry with a larger percentage of Zacks Rank #1’s and #2’s will have a better average Zacks Rank than one with a larger percentage of Zacks Rank #4’s and #5’s. Plus, UEC info will be updated daily in your Zacks.com Portfolio Tracker – also free.

• As an investor, you want to buy stocks with the highest probability of success.
• The Company has two production platforms in South Texas and Wyoming.
• Uranium Energy Corp is engaged in the uranium mining and related activities, including exploration, pre-extraction, extraction and processing, on uranium projects located in the United States and Paraguay.
• Plus, UEC info will be updated daily in your Zacks.com Portfolio Tracker – also free.
• Style is an investment factor that has a meaningful impact on investment risk and returns.
• High volumes usually indicate new trends and larger share price movements.

Year-to-date mutual fund returns are calculated on a monthly basis by Value Line and posted mid-month. According to 2 analysts, the average rating for UEC stock is “Strong Buy.” The 12-month stock price forecast is $7.0, which is an increase of 31.33% from the latest price. High-growth stocks tend to represent the technology, healthcare, and communications sectors. They rarely distribute dividends to shareholders, opting for reinvestment in their businesses. More value-oriented stocks tend to represent financial services, utilities, and energy stocks.

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After each calculation the program assigns a Buy, Sell, or Hold value with the study, depending on where the price lies in reference to the common interpretation of the study. For example, a price above its moving average is generally considered an upward trend or a buy. Dividend yield allows investors, particularly those interested in dividend-paying stocks,
to compare the relationship between a stock’s price and how it rewards stockholders through dividends. The formula for calculating dividend yield is to divide the annual dividend paid per share by the stock price. FactSet calculates the Market Cap for the basic symbol to include common shares only.

Data are provided ‘as is’ for informational purposes only and are not intended for trading purposes. Data may be intentionally delayed pursuant to supplier requirements. © 2023 Market data provided is at least 10-minutes delayed and hosted by Barchart Solutions.

High volumes usually indicate new trends and larger share price movements. The Barchart Technical Opinion widget shows you today’s overally Barchart Opinion with general information on how to interpret the short and longer term signals. Unique to Barchart.com, Opinions analyzes a stock or commodity using 13 popular analytics in short-, medium- and long-term periods. Results are interpreted as buy, sell or hold signals, each with numeric ratings and summarized with an overall percentage buy or sell rating.

4 Wall Street analysts have issued 12-month target prices for Uranium Energy’s shares. Their UEC share price forecasts range from $6.00 to $8.00. On average, they expect the company’s stock price to reach $6.63 in the next year. This suggests a possible upside of 27.6% from the stock’s current price.

NewsUranium Energy Corp.UEC

Only Zacks Rank stocks included in Zacks hypothetical portfolios at the beginning of each month are included in the return calculations. Zacks Ranks stocks can, and often do, change throughout the 50 bucks meaning month. Certain Zacks Rank stocks for which no month-end price was available, pricing information was not collected, or for certain other reasons have been excluded from these return calculations.

These returns cover a period from January 1, 1988 through July 31, 2023. Zacks Rank stock-rating system returns are computed monthly based on the beginning of the month and end of the month Zacks Rank stock prices plus any dividends received during that particular month. A simple, equally-weighted average return of all Zacks Rank stocks is calculated to determine the monthly return. The monthly returns are then compounded to arrive at the annual return.

Information is provided ‘as-is’ and solely for informational purposes, not for trading purposes or advice, and is delayed. To see all exchange delays and terms of use please see Barchart’s disclaimer. Uranium Energy’s stock is owned by many different institutional and retail investors. Top institutional shareholders include BlackRock Inc. (7.06%), Mirae Asset Global Investments Co. Ltd. (5.17%), State Street Corp (4.83%), Segra Capital Management LLC (2.25%), Geode Capital Management LLC (1.94%) and JPMorgan Chase & Co. (1.59%). Insiders that own company stock include Amir Adnani, David Kong, Moya Gloria L Ballesta, Pat Obara, Scott Melbye and Spencer Abraham.

The surprise reading followed Wednesday’s data showing US services activity at a six-month high in August, seen as a sign of resilience among consumers and in the broader economy amid higher borrowing costs. The most oversold stocks in the energy sector presents an opportunity to buy into undervalued companies. Throughout the previous decade or so, uranium has been firmly gripped by the bear market. From a spot peak of $136 per pound in June of 2007, the price fell to the $20 – $30 range for much of the post… Interest in nuclear power is climbing and prices for uranium have reached their highest level in more than a year, providing an opportunity for investors looking to capitalize on bets that global worr… Style is an investment factor that has a meaningful impact on investment risk and returns.

Style is calculated by combining value and growth scores, which are first individually calculated. The most overbought stocks in the energy sector presents an opportunity to go short on these overvalued companies. Zacks Earnings ESP (Expected Surprise Prediction) looks to find companies that have recently seen positive earnings estimate revision activity. The idea is that more recent information is, generally speaking, more accurate and can be a better predictor of the future, which can give investors an advantage in earnings season. As an investor, you want to buy stocks with the highest probability of success.

Here’s how traders could play this home improvement and building products company. Upgrade to MarketBeat All Access to add more stocks to your watchlist. Sign-up to receive the latest news and ratings for Uranium Energy and its competitors with MarketBeat’s FREE daily newsletter.

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In fact, when combining a Zacks Rank #3 or better and a positive Earnings ESP, stocks produced a positive surprise 70% of the time, while they also saw 28.3% annual returns on average, according to our 10 year backtest. The Zacks Industry Rank assigns a rating to each of the 265 X (Expanded) Industries based on their average Zacks Rank. The Barchart Technical Opinion rating is a 88% Buy with a Strongest short term outlook on maintaining the current direction. Total Roughrider Project resources are 27.8 million lbs. U3O8 in 389,000 tonnes grading 3.25% U3O8 in the Indicated category and 36.0 million lbs. We’d like to share more about how we work and what drives our day-to-day business.

Compare
UEC’s historical performance
against its industry peers and the overall market. The shares continue to rally, remaining in a strong uptrend from their March low. Let’s check out the Invesco Water Resources ETF to see if it is a good water play.

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