Shares of Uranium Energy Corp. (NYSEAMERICAN:UEC – Get Free Report) have received an average rating of “Moderate Buy” from the nine research firms that are presently covering the company, MarketBeat.com reports. Two analysts have rated the stock with a hold rating, six have assigned a buy rating and one has given a strong buy rating to the company. The average 1-year price objective among analysts that have covered the stock in the last year is $17.4062.
A number of equities analysts have recently commented on UEC shares. Roth Capital set a $17.00 price target on shares of Uranium Energy in a report on Wednesday, March 11th. The Goldman Sachs Group reaffirmed a “buy” rating and set a $16.00 target price on shares of Uranium Energy in a research report on Tuesday, June 9th. HC Wainwright reiterated a “buy” rating and issued a $26.75 price target on shares of Uranium Energy in a research report on Wednesday, June 10th. Finally, TD Securities decreased their price target on Uranium Energy from $22.00 to $21.00 and set a “buy” rating for the company in a research note on Wednesday, March 11th.
Check Out Our Latest Research Report on UEC
Institutional Trading of Uranium Energy
Uranium Energy Trading Down 6.5%
Shares of UEC stock opened at $9.90 on Wednesday. The firm has a market capitalization of $4.90 billion, a price-to-earnings ratio of -82.50 and a beta of 1.18. The business’s 50-day moving average price is $12.77 and its 200-day moving average price is $14.09. Uranium Energy has a 12 month low of $5.90 and a 12 month high of $20.34.
Uranium Energy (NYSEAMERICAN:UEC – Get Free Report) last issued its quarterly earnings data on Tuesday, June 9th. The basic materials company reported ($0.11) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of ($0.03) by ($0.08). On average, sell-side analysts predict that Uranium Energy will post -0.15 earnings per share for the current fiscal year.
About Uranium Energy
Uranium Energy Corp. is a uranium mining and exploration company focused on the development and production of uranium through in-situ recovery (ISR) methods. The company’s core activities include operating ISR projects, advancing exploration properties, and engaging in joint ventures to secure uranium supply for nuclear power generation. Uranium Energy’s approach emphasizes environmentally conscious extraction techniques that minimize land disturbance and water usage compared with conventional mining.
The company’s primary producing asset is the Hobson ISR facility in South Texas, which commenced production to supply uranium concentrate to nuclear utilities.
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