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Uranium Energy (NYSEAMERICAN:UEC) Now Covered by National Bank Financial

Uranium Energy logo with Basic Materials background

Stock analysts at National Bank Financial assumed coverage on shares of Uranium Energy (NYSEAMERICAN:UEC - Get Free Report) in a research report issued on Wednesday, MarketBeat.com reports. The firm set an "outperform" rating and a $10.00 price target on the basic materials company's stock. National Bank Financial's target price points to a potential upside of 56.49% from the stock's current price. National Bank Financial also issued estimates for Uranium Energy's FY2025 earnings at ($0.01) EPS, FY2026 earnings at $0.23 EPS, FY2027 earnings at $0.49 EPS and FY2028 earnings at $0.56 EPS.

Other research analysts have also issued reports about the company. HC Wainwright upped their target price on Uranium Energy from $10.25 to $11.00 and gave the company a "buy" rating in a research report on Monday, December 9th. Roth Mkm reaffirmed a "buy" rating and issued a $10.25 price target (up from $9.75) on shares of Uranium Energy in a research note on Wednesday, October 23rd.

Get Our Latest Report on UEC

Uranium Energy Trading Down 8.5 %

Shares of Uranium Energy stock traded down $0.59 on Wednesday, reaching $6.39. The company had a trading volume of 9,785,197 shares, compared to its average volume of 6,495,250. The firm's 50-day simple moving average is $6.64. Uranium Energy has a 1 year low of $4.06 and a 1 year high of $8.93. The firm has a market capitalization of $2.70 billion, a price-to-earnings ratio of -53.25 and a beta of 1.88.

Institutional Trading of Uranium Energy

Institutional investors and hedge funds have recently made changes to their positions in the company. Vanguard Group Inc. grew its holdings in shares of Uranium Energy by 2.5% in the 4th quarter. Vanguard Group Inc. now owns 25,862,079 shares of the basic materials company's stock worth $173,017,000 after acquiring an additional 631,929 shares during the period. JPMorgan Chase & Co. grew its holdings in Uranium Energy by 45.9% during the 4th quarter. JPMorgan Chase & Co. now owns 15,842,713 shares of the basic materials company's stock valued at $105,988,000 after buying an additional 4,982,949 shares during the last quarter. Norges Bank purchased a new position in shares of Uranium Energy during the 4th quarter worth $100,773,000. Geode Capital Management LLC lifted its stake in shares of Uranium Energy by 1.8% during the 3rd quarter. Geode Capital Management LLC now owns 9,083,449 shares of the basic materials company's stock worth $56,419,000 after purchasing an additional 159,921 shares during the period. Finally, Van ECK Associates Corp lifted its stake in shares of Uranium Energy by 33.2% during the 4th quarter. Van ECK Associates Corp now owns 6,602,890 shares of the basic materials company's stock worth $44,174,000 after purchasing an additional 1,645,919 shares during the period. 62.28% of the stock is owned by hedge funds and other institutional investors.

Uranium Energy Company Profile

(Get Free Report)

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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