H.C. Wainwright analyst Heiko Ihle reiterated a Buy rating on Uranium Energy (UEC) today and set a price target of $3.50. The company’s shares closed yesterday at $1.14.
According to TipRanks.com, Ihle is a 1-star analyst with an average return of -0.7% and a 45.5% success rate. Ihle covers the Basic Materials sector, focusing on stocks such as Solitario Exploration & Royalty, Americas Silver Corporation, and Golden Star Resources Ltd.
Uranium Energy has an analyst consensus of Moderate Buy, with a price target consensus of $3.50.
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The company has a one-year high of $1.89 and a one-year low of $0.91. Currently, Uranium Energy has an average volume of 1.4M.
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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.