Alert: Major Price Advance (9/11/24)-Uranium Energy Corp (NYSEAMERICAN: UEC).

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Uranium Energy Corp (NYSEAMERICAN: UEC) stock closed at $5.18 on 9/11/24 after a major increase of 12.4%. Moreover, unusually high trading volume at 150% of normal accompanied the advance. The stock has risen 9.7% during the last week but has been weak relative to the market over the last nine months.

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Current PriceTarget Research Rating

With future capital returns forecasted to be in line with the cost of capital, UEC is expected to be Value Creation neutral.

Uranium Energy has a current Value Trend Rating of D (Negative). The Value Trend Rating reflects inconsistent signals from PTR’s two proprietary measures of a stock’s attractiveness. Uranium Energy has a neutral Appreciation Score of 57 but a very low Power Rating of 11, and the Negative Value Trend Rating results.

Rating Review

In light of this very positive price change we are reviewing our current Overall Rating of D. This review will be completed in the next several days.

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