H.C. Wainwright analyst Heiko Ihle reiterated a Buy rating on Uranium Energy (UEC – Research Report) today and set a price target of $8.25. The company’s shares closed yesterday at $3.38.
Ihle covers the Basic Materials sector, focusing on stocks such as Gold Resource, Uranium Energy, and Energy Fuels. According to TipRanks, Ihle has an average return of -18.2% and a 23.45% success rate on recommended stocks.
Uranium Energy has an analyst consensus of Strong Buy, with a price target consensus of $6.92.
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The company has a one-year high of $6.60 and a one-year low of $2.92. Currently, Uranium Energy has an average volume of 7.97M.
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Uranium Energy Corp. is engages in mining and exploration of uranium. Its activities also include pre-extraction, extraction and processing on uranium projects. The company was founded by Alan P. Lindsay and Amir Adnani on May 16, 2003 and is headquartered in Vancouver, Canada.
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