Uranium Energy (NYSEAMERICAN:UEC – Get Free Report)‘s stock had its “buy” rating reiterated by equities research analysts at HC Wainwright in a report issued on Wednesday, Benzinga reports. They currently have a $10.25 target price on the basic materials company’s stock. HC Wainwright’s price objective would indicate a potential upside of 107.07% from the stock’s current price.
Uranium Energy Stock Performance
Shares of NYSEAMERICAN:UEC opened at $4.95 on Wednesday. The firm has a fifty day moving average price of $6.64. The company has a market cap of $2.02 billion, a P/E ratio of -165.00 and a beta of 1.86. Uranium Energy has a one year low of $3.63 and a one year high of $8.34.
Uranium Energy (NYSEAMERICAN:UEC – Get Free Report) last issued its quarterly earnings data on Friday, June 7th. The basic materials company reported ($0.05) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.01 by ($0.06). Uranium Energy had a negative return on equity of 3.05% and a negative net margin of 8.20%. As a group, sell-side analysts forecast that Uranium Energy will post 0.03 earnings per share for the current fiscal year.
Institutional Inflows and Outflows
About Uranium Energy
Uranium Energy Corp., together with its subsidiaries, engages in exploration, pre-extraction, extraction, and processing uranium and titanium concentrates in the United States, Canada, and Paraguay. It owns interests in the Palangana mine, Goliad, Burke Hollow, Longhorn, and Salvo projects located in Texas; Anderson, Workman Creek, and Los Cuatros projects situated in Arizona; Dalton Pass and C de Baca project located in New Mexico; Roughrider, Shea Creek, Christie Lake, Horseshoe-Raven, Hidden Bay, Diabase, West Bear, JCU, and other project located in Canada; and Yuty, Oviedo, and Alto Paraná titanium projects in Paraguay.
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