The Energy Report
Notable Quotes
"With the LOI signed, we urge investors to bolster positions in FCU." (12/22/15) Fission Uranium Corp. - David Sadowski, Raymond James More >
"FCU is taking the right steps regardless of whether PLS is ultimately acquired or developed into a mine." (12/22/15) Fission Uranium Corp. - Heiko Ihle, Rodman & Renshaw More >
"I am quite excited about POE in 2016." (12/16/15) Pan Orient Energy Corp. - Chen Lin, What Is Chen Buying? What Is Chen Selling? More >
"BKX's Oklahoma asset has significant value." (12/16/15) BNK Petroleum Inc. - Michael Charlton, iA Securities More >
"EFR is one of the few companies in a position to write long-term sales contracts and deliver into them at several times its current production rate." (12/17/15) Energy Fuels Inc. - The Gold Report Interview with Eric Coffin More >
Companies - Energy
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Uranium Energy Corp.TICKER: UEC:NYSE AMERICANUranium Energy Corp is a U.S. based uranium mining and exploration company with a proven uranium production record. UEC is production ready with fully licensed, low cost, U.S. in-situ-recovery (ISR) projects and operational infrastructure. The company has a U.S. production profile of 4 Mlbs/year and is well positioned to ramp up production as a supply source for the U.S. Uranium Reserve and or commercial requirements. In total, the company controls projects in the U.S., Canada and Paraguay with 104 Mlb of Measured & Indicated & Inferred U308 Resources. UEC's management team is well known for industry excellence based on many decades of hands-on experience, including the company's chairman, former U.S. Energy Secretary, Spencer Abraham. |
The information provided below is from analysts, newsletters and other contributors. Please contact the company and visit its website before making an investment decision.
Expert Analysis
Heiko Ihle, H.C. Wainwright & Co. (4/15/21) "Uranium Energy Corp. has utilized two drill rigs to complete 40 resource delineation holes at the Burke Hollow in situ recovery uranium project, as management looks to improve the understanding of five Goliad Formation trends within PAA-1. . .the company also installed roughly 45 additional exterior monitoring wells to account for trend extensions."
Gwen Preston, The Maven Letter (4/14/21) "Uranium Energy Corp. released results from 40 holes drilled on its Burke Hollow target. The 14 highlight holes from that effort demonstrate the property's ability to become the largest U3O8 deposit of its kind in south Texas; a handful of the intercepts from these latest holes returned gram thicknesses above the company's cutoff range for in situ recovery resources."
Colin Healey, Haywood Securities (4/6/21) "Uranium Energy Corp. announced that it has entered into agreements to purchase an additional 705 Klb physical uranium, worth about $21.8M at current prices, for delivery in December 2022. That brings the company's total physical holdings to 2.105 Mlb of U.S.-warehoused uranium at a weighted average acquisition price of about $30/lb."
Katie Lachapelle, Canaccord Genuity (3/17/21) "Uranium Energy Corp. announced that it has entered into an agreement to purchase an additional 800 Klb uranium. Recall that just yesterday the company reported it had entered into a separate agreement for the purchase of 400 Klb uranium. . .in addition to the purchase agreement, Uranium Energy announced a $30.5M financing at a price of $3.05/share, representing a 6% discount to the prior day's close."
Gwen Preston, The Maven Letter (3/17/21) "Uranium Energy Corp. announced it had already spent $10.9M buying 400 Klb uranium at a price of $27.29/lb to establish a strategic stockpile. Two days later the company tripled that stockpile, announcing deals to buy another 800 Klb uranium. . .Uranium Energy is building a strategic uranium pile right now because there is finally enough momentum that the bull is now undeniable, and the company knows it will make a lot of money buying physical today and holding it."