Uranium Energy Corp.: The Winning Streak Continues

Shares of Uranium Energy Corp. UEC traded at a new 12-month high today of $4.59. This new high was reached on below-average trading volume as 1.4 million shares traded hands, while the average 30-day volume is approximately 7.5 million shares.

Over the past year, Uranium Energy Corp. has traded in a range of $0.85 to $4.59 and is now at $4.50, 429% above that low.

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. Additionally, the company controls a pipeline of uranium projects in Arizona, New Mexico, and Paraguay, a uranium/vanadium project in Colorado, and the highest-grade and largest undeveloped Ferro-Titanium deposits in the world, located in Paraguay.

Based on a current price of $4.50, Uranium Energy Corp. is currently 2.6% above its average consensus analyst price target of $4.38.

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