HC Wainwright publishes analyst research report on Uranium Energy Corp. (NYSE American: UEC), reiterates its buy note
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- Brokerage firm HC Wainwright & Co. recently released a report featuring UEC and reiterates the buy note
- Recent Drilling Activity at UEC’s Burke Hollow In-Situ Recovery (“ISR”) Project Shows Strong Results and Potential for Resource Growth
- Well-funded UEC to aggressively pursue its key development goals, the company has over $ 110 million in cash, equity and inventory
- UEC is production ready with four fully licensed uranium projects and a state-of-the-art central processing plant with a combined production profile of 4 million pounds of uranium per year
Uranium Energy (NYSE American: UEC), a Corpus Christi, Texas-based uranium mining and exploration company, was recently featured in a stock research report from HC Wainwright & Co. (Wainwright) which covered wellfield development, resource delineation and company financial updates (https://ibn.fm/rhR2m). Wainwright analysts reiterated their buy rating for UEC stock based on a discounted cash flow (“DCF”) model of future trades and in situ asset values
“We reiterate our buy note on UEC and our $ 5 PT,” the research report reads. “Our valuation remains based on a DCF of the company’s future operations, using our recently revised 7.5% discount rate. We then add an in situ value of $ 75.0M for the Reno Creek UEC assets, $ 41.5M for &
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NOTE TO INVESTORS: The latest UEC news and updates are available in the company newsroom at https://ibn.fm/UEC
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