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Uranium Energy Corp

Uranium Energy Corp (UEC)

6.38
0.10
(1.59%)
Closed March 18 04:00PM
6.30
-0.08
( -1.25% )
Pre Market: 07:36AM

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UEC News

Official News Only

UEC Discussion

View Posts
mr_bitterness mr_bitterness 1 week ago
It’s out today…
https://www.sec.gov/ixviewer/ix.html?doc=/Archives/edgar/data/0001334933/000143774924007217/uec20240131_10q.htm
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Monksdream Monksdream 1 week ago
UEC 10Q due March 12
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harry crumb harry crumb 2 months ago
Anybody dump, up huge here again, will consider profits tuesday $$$$$$
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joe_techi joe_techi 4 months ago
52 Week Range $2.30 - 6.62
https://stockcharts.com/h-sc/ui?s=UEC
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Monksdream Monksdream 4 months ago
UEC new 52 week high
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Monksdream Monksdream 4 months ago
UEC new 52 week high
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harry crumb harry crumb 7 months ago
Up big here, may take profits, hope kerrisdale lost their ass
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harry crumb harry crumb 9 months ago
Kerrisdale covering their shit position,lmao
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deepdj011 deepdj011 10 months ago
Final Sprint for this Week !
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harry crumb harry crumb 12 months ago
They wont it’s all a joke, so any stupid firm can promote their own short position by just commenting an it’s legal to do on their stupid opinion an position. I sold half on a stop loss at 3.25 yesterday luckily. Still way up on it for the year. Put some in uuuu
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nicehit nicehit 12 months ago
This is where the SEC should step in. These people put in shorts ahead of time and then go on news media or CNBC to say they shorted the company or were overvalued. This is how they hit and run for payoffs on the shorts.

Legal robbery
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DBS DBS 12 months ago
yup! Kerrisdale takes short position in UEC
https://www.reuters.com/markets/commodities/kerrisdale-takes-short-position-uranium-energy-shares-fall-2023-03-23/
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harry crumb harry crumb 12 months ago
They uec will file lawsuits over these short sale criminals, everyone in that firm who filed that news should be put in jail, now. Hope they get squeezed to their death!
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harry crumb harry crumb 12 months ago
Wtf happened today with this? Any news out
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harry crumb harry crumb 1 year ago
Added boatloads of this. Easily a double coming
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Porterhouse10 Porterhouse10 1 year ago
Bidding 3.51-3.56
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Porterhouse10 Porterhouse10 1 year ago
March 17 '23 $3.50 Calls @ .40 and .45c Bidding, may fill, may not $UEC
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harry crumb harry crumb 1 year ago
It could
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Porterhouse10 Porterhouse10 1 year ago
Looks like it could Sling Shot
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harry crumb harry crumb 1 year ago
Problem is the tech.analysts say nothing good an valuation is terrible at current level
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harry crumb harry crumb 1 year ago
Right back up, good move whoever added
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harry crumb harry crumb 1 year ago
4.26 tops
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harry crumb harry crumb 1 year ago
Could be 5 next here, nothing but good here
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harry crumb harry crumb 1 year ago
Boom broke 4
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TheFinalCD TheFinalCD 1 year ago
https://finance.yahoo.com/news/uranium-energy-corp-receives-17-115500622.html
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TheFinalCD TheFinalCD 1 year ago
$UEC
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harry crumb harry crumb 1 year ago
Hovering at resistance again, just can’t break that level, will be buying support as usual again if the pivot rice falls
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realfast95 realfast95 1 year ago
Uranium Energy Corp Receives $17.85 Million from the U.S. Department of Energy for Supplying 300,000 lbs. U3O8 at $59.50/lb. to the Strategic Uranium Reserve Program
January 25 2023 - 06:55AM

NYSE American: UEC

CORPUS CHRISTI, Texas, Jan. 25, 2023 /PRNewswire/ - Uranium Energy Corp (NYSE American: UEC) (the "Company" or "UEC") is pleased to announce it has received $17.85 million from the U.S. Department of Energy ("DOE") for supplying 300,000 pounds of U.S. origin uranium concentrates at $59.50/lb. to the DOE – National Nuclear Security Administration ("NNSA") under the contract awarded to the Company announced on December 20, 2022. The award was in response to the NNSA's Request for Proposals to establish its strategic national Uranium Reserve program. Please see the Company's press release dated December 20, 2022 for further details on the Uranium Reserve program.

Amir Adnani, President and CEO stated: "We are honored and delighted to have supplied 300,000 pounds of U.S. origin uranium concentrates to the NNSA and look forward to the continuation of the Uranium Reserve program and working with the DOE in the coming years."
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harry crumb harry crumb 1 year ago
Loaded up here
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chaostrader chaostrader 1 year ago
Lookin good again. Target $5
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harry crumb harry crumb 1 year ago
3.20’s here we go again
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chaostrader chaostrader 1 year ago
Might jump In again
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harry crumb harry crumb 1 year ago
Yeah i c this going to 3$
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Porterhouse10 Porterhouse10 1 year ago
Late, now here comes the dump to 52week lows and beyond jmo
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harry crumb harry crumb 1 year ago
Its late
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nwsun nwsun 1 year ago
Where's the earnings? I didn't see a 10q three months back.
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fink fink 1 year ago
Earnings is due out tomorrow.
Nancy Pelosi must have made a move. They always know before the rest of us
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fink fink 1 year ago
What a dump.
What’s up? A new type of uranium found or something?
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Porterhouse10 Porterhouse10 1 year ago
No doubt $UEC
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harry crumb harry crumb 1 year ago
If this tanks again into the 3.50’s, loading zone again
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harry crumb harry crumb 1 year ago
Yep
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Porterhouse10 Porterhouse10 1 year ago
And today
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harry crumb harry crumb 1 year ago
Nice recovery today
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Porterhouse10 Porterhouse10 1 year ago
Holding up through some volatility $UEC
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Porterhouse10 Porterhouse10 1 year ago
Overall Chart pure Power jmo $UEC
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harry crumb harry crumb 1 year ago
Yep
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Porterhouse10 Porterhouse10 1 year ago
Been playing it nicely $UEC
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harry crumb harry crumb 1 year ago
Uec some quick money here
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Porterhouse10 Porterhouse10 1 year ago
Those $3.60's lookin good $UEC
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realfast95 realfast95 1 year ago
Ban of Russian uranium could revive local mine operations

http://www.buffalobulletin.com/news/article_88845a2c-508c-11ed-b189-03174a94bde9.html

Alex Hargrave Oct 20, 2022 Updated 4 hrs ago
Uranium Energy Corp., which acquired the Christensen and Irigaray Ranch uranium mines in Johnson and Campbell counties in its acquisition of Uranium One Americas in December 2021, is slowly preparing to restart operations.

That’s according to Donna Wichers, vice president of Wyoming Operations for UEC. Uranium is not yet priced high enough to start operations, but UEC appears confident that will happen soon. To sustain operations, the market price needs to jump to at least $60 per pound and stay there. Currently, that price sits around $48 per pound.

There’s no telling when that might happen exactly, but what needs to happen is clear, Wichers said.
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First, more nuclear reactors, which generate electricity using uranium, would increase demand for the resource. And if Congress opts to ban uranium imports from Russia, Wichers said, that would mean heavier reliance on a domestic product that doesn’t exist right now.

Wyoming’s congressional delegation has backed a bill that aims to do just that. Introduced in March, H.R. 7222, which is co-sponsored by Rep. Liz Cheney, would ban Russian imports of uranium.

Sen. John Barrasso introduced a companion bill in the Senate, cosponsored by Sen. Cynthia Lummis.

“It is absolutely imperative that we cut off all Russian imports, including uranium,” Lummis said in a press release. “Every dollar we send to Russia is a dollar used to continue to attack innocent people in Ukraine. Wyoming has more than enough uranium to fill this gap, and we can mine it in a more environmentally friendly and safe way.”

Both bills were introduced in both chambers, though no further action has been taken. Wichers, however, is hopeful, because reports say the White House may soon ban Russian aluminum imports in response to the country’s military escalation in Ukraine. This shows a willingness to ban Russian imports, which could eventually include uranium.

“Things like that will definitely help the market price,” Wichers said. “More utilities buying domestic, that’s what happens when they can’t get it from Russia, which is cheaper than to buy from domestic sources.”

According to the U.S. Energy Information Administration, the United States imports most of the uranium it uses as fuel. Owners and operators of U.S. nuclear power reactors purchased the equivalent of about 46.74 million pounds of uranium in 2021. Of that, just 5% was domestically produced. During that time, 35% of the uranium the country used was imported from Kazakhstan, 15% from Canada, 14% from each Russia and Australia, 7% from Namibia, and the final 10% was from five other countries.

In testimony to the Senate in March, Scott Melbye, president of the trade association Uranium Producers of America and executive vice president of Uranium Energy Corp., said that American uranium producers can’t compete with state-owned companies that use price undercutting tactics. Melbye specifically called out Russia for employing “predatory market practices to cultivate America’s dangerous reliance on the Kremlin and its allies for uranium and nuclear fuel.”Another factor that could spur domestic uranium production is the proposed national uranium reserve. The Department of Energy issued a request for bids for 2 million pounds of domestic uranium. UEC submitted a bid last month, though the company’s bid is confidential, Wichers said.

“It’ll be interesting, whoever wins the bid, to see at what price they sold it for,” she said. “That will have some impact on the spot price, I would guess.”

A lot is still up in the air, but UEC is preparing for when it resumes operations for the first time since 2018.

“When we shut things down back in 2018, we did things like disconnected our piping and things like that, so now we’re back reconnecting all of our piping,” Wichers said. “We have a list a mile long: checking wellhead integrity, leak detection systems, cleaning our parts and pieces that go on top of our well heads, checking pumps, reinstalling wellhead boxes. We’re doing all kinds of things to get ready.”

The U.S. Energy Information Administration estimates that UEC’s mines in Campbell and Johnson counties could produce 1.3 million pounds of uranium annually.

Resumed production would result in ad valorem tax revenue for Johnson County, which has declined as mineral production declined the past few years. In 2014, U1A paid $1 million in ad valorem taxes, according to previous Bulletin reporting.

UEC currently has 10 employees working at the mine and five working in the company’s Casper office. The company will bring on four to five employees for the preparation process, called properational de-risking. When operations begin, Wichers said, there will be close to 20 positions open. And once operations ramp up and the mine is at full capacity, there could be 50 to 70 people at the mine site.

“When we get the go ahead from our boss, we will flip the switch and we will energize the well fields that we had stopped mining,” Wichers said. “We will initiate our operations back in those well fields and start construction of new well fields.”
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