Uranium Energy (UEC) Lifted to “Buy” at BidaskClub

BidaskClub upgraded shares of Uranium Energy (NASDAQ:UEC) from a hold rating to a buy rating in a report released on Friday morning, BidAskClub reports.

Uranium Energy stock opened at $1.45 on Friday. Uranium Energy has a one year low of $1.12 and a one year high of $1.89.

Uranium Energy (NASDAQ:UEC) last posted its quarterly earnings data on Tuesday, March 12th. The company reported ($0.01) EPS for the quarter, topping the Zacks’ consensus estimate of ($0.02) by $0.01.

Uranium Energy Company Profile

Uranium Energy Corp. operates as a uranium mining and exploration company. Its projects in South Texas include the Palangana ISR mine, the permitted Goliad ISR project, and the development-stage Burke Hollow ISR project; and project in Wyoming comprise the permitted Reno Creek ISR project. The company also controls a pipeline of advanced-stage uranium projects in Arizona, Colorado, New Mexico, and Paraguay, as well as a high-grade titanium project in Paraguay.

Further Reading: Price to Earnings Ratio (PE) Basics

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