Uranium Energy Corp. (NASDAQ:UEC) Receives Consensus Recommendation of “Strong Buy” from Analysts

Shares of Uranium Energy Corp. (NASDAQ:UEC) have been assigned an average broker rating score of 1.00 (Strong Buy) from the three analysts that provide coverage for the company, Zacks Investment Research reports. Three investment analysts have rated the stock with a strong buy rating.

Analysts have set a twelve-month consensus price target of $3.27 for the company, according to Zacks. Zacks has also given Uranium Energy an industry rank of 77 out of 256 based on the ratings given to related companies.

Separately, BidaskClub upgraded ZIX from a “buy” rating to a “strong-buy” rating in a research note on Friday, May 3rd.

Shares of UEC traded down $0.03 during mid-day trading on Thursday, hitting $1.11. The stock had a trading volume of 2,643,328 shares, compared to its average volume of 1,287,389. The company’s fifty day moving average price is $1.31. Uranium Energy has a fifty-two week low of $0.91 and a fifty-two week high of $1.89.

Uranium Energy (NASDAQ:UEC) last posted its quarterly earnings data on Monday, June 10th. The company reported ($0.03) earnings per share for the quarter.

Uranium Energy Company Profile

Uranium Energy Corp. operates as a uranium mining and exploration company. Its projects in South Texas include the Palangana ISR mine, the permitted Goliad ISR project, and the development-stage Burke Hollow ISR project; and project in Wyoming comprise the permitted Reno Creek ISR project. The company also controls a pipeline of advanced-stage uranium projects in Arizona, Colorado, New Mexico, and Paraguay, as well as a high-grade titanium project in Paraguay.

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