The price of Uranium Energy Corp (AMEX:UEC) shares last traded on Wall Street fell -0.88% to $6.77.
UEC stock price is now -5.47% away from the 50-day moving average and 23.59% away from the 200-day moving average. The market capitalization of the company currently stands at $2.74B.
With the price target of $6, TD Securities recently initiated with Speculative Buy rating for Uranium Energy Corp (AMEX: UEC). , while the Canaccord Genuity previously rated the stock as ‘Hold’ on April 22, 2022.
In other news, KONG DAVID, Director sold 26,000 shares of the company’s stock on Mar 12 ’24. The stock was sold for $177,073 at an average price of $6.81. Upon completion of the transaction, the Director now directly owns 154,085 shares in the company, valued at $1.04 million. An SEC document containing details of the transaction can be found on the SEC’s website. On Feb 01 ’24, Director DELLA VOLPE VINCENT sold 84,000 shares of the business’s stock. A total of $685,983 was realized by selling the stock at an average price of $8.17. This leaves the insider owning 186,095 shares of the company worth $1.26 million. A total of 1.83% of the company’s stock is owned by insiders.
During the past 12 months, Uranium Energy Corp has had a low of $2.30 and a high of $8.34. As of last week, the company has a debt-to-equity ratio of 0.00, a current ratio of 6.85, and a quick ratio of 3.95. The fifty day moving average price for UEC is $7.14 and a two-hundred day moving average price translates $5.50 for the stock.
The latest earnings results from Uranium Energy Corp (AMEX: UEC) was released for Jan, 2024. According to the Uranium Company, earnings per share came in at $0.02, beating analysts’ expectations of $0.01 by 0.01. This compares to $0.03 EPS in the same period last year. The net profit margin was -8.20% and return on equity was -0.70% for UEC. The company reported revenue of $0.12 million for the quarter, compared to $47.93 million a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue fell -99.76 percent. For the current quarter, analysts expect UEC to generate $21M in revenue.
Uranium Energy Corp(UEC) Company Profile
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. The company was formerly known as Carlin Gold Inc. and changed its name to Uranium Energy Corp. in January 2005. Uranium Energy Corp. was incorporated in 2003 and is headquartered in Corpus Christi, Texas.
