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Uranium Energy Corp. - $UEC STOCK NEWS

Welcome to our dedicated page for Uranium Energy news (Ticker: $UEC), a resource for investors and traders seeking the latest updates and insights on Uranium Energy stock.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Uranium Energy's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Uranium Energy's position in the market.

Rhea-AI Summary

Uranium Energy Corp (NYSE American: UEC) commends the U.S. Senate for passing a bipartisan bill to ban Russian uranium imports, reinforcing national security and energy independence. The bill's passage signifies a pivotal moment in reshaping the domestic nuclear supply chain by eliminating reliance on Russian imports, fostering American uranium production, and bolstering the country's nuclear energy sector. The legislation stands to infuse $2.72 billion into domestic uranium fuel production, heralding a new era for the U.S. uranium industry.

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1.33%
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Uranium Energy Corp (UEC) appoints Brent Berg as Senior Vice-President, U.S. Operations, bringing over 27 years of experience in the minerals industry, with a focus on uranium production in the U.S. and Canada. Mr. Berg's past roles include President of Cameco Resources, where he oversaw successful ISR operations and significant production milestones. CEO Amir Adnani highlights Mr. Berg's expertise in ISR production and mining operations, emphasizing his role in restarting uranium production in Wyoming and driving growth initiatives in Texas. With a strong educational background in engineering, business, and mining law, Mr. Berg brings a wealth of knowledge to UEC's leadership team.
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-2.29%
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Uranium Energy Corp (UEC) files Form 10-Q for quarter ended January 31, 2024, meeting NYSE American requirements. The filing includes financial statements and management's analysis.
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2.04%
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Uranium Energy Corp (NYSE American: UEC) reports successful drill results from its Roughrider Project in Northern Saskatchewan, Canada. The exploration drilling extends the potential of the East Zone deposit, with the discovery of new high-grade vein-hosted mineralization. The metallurgical drill program at Roughrider has been completed, with the best result being hole RR-879, which intersected 3.16% eU3O8 over 43.4 meters with sub-intervals grading 4.05% eU3O8 over 12.6 meters and 3.81% eU3O8 over 21.6 meters.
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0.26%
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Uranium Energy Corp (UEC) has published its Sustainability Report for fiscal year 2023, aligned with the recommendations of the Task Force on Climate-Related Financial Disclosures. The report highlights the company's achievements in environmental stewardship and is available on the company's website and filed with the SEC. President and CEO, Amir Adnani, emphasized the company's progress in advancing its sustainability program, maintaining industry-leading health and safety record, and prioritizing environmental stewardship as the foundation for long-term success.
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Uranium Energy Corp (UEC) is restarting uranium production at its fully permitted Christensen Ranch In-Situ Recovery operations in Wyoming, with the first production expected in August 2024. The company will sell the uranium at prevailing spot market prices, which was $106 per pound U3O8 as of January 15, 2024. The Irigaray CPP is the hub central to four fully permitted ISR projects in the Powder River Basin of Wyoming, including Christensen Ranch. UEC has a large uranium resource base and a strong balance sheet with $213.7 million in cash and liquid assets as of October 31, 2023.
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2.96%
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Uranium Energy Corp (NYSE American: UEC) reports filing of quarterly report on Form 10-Q with the SEC
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0.59%
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Uranium Energy Corp (UEC) is a leading uranium company committed to sustainable uranium mining and the development of carbon-free nuclear power. President and CEO, Amir Adnani, spoke at COP28 on UEC's role as the fastest growing uranium company, endorsing the Net Zero Nuclear Industry Pledge, and the increasing global demand for low-cost and net-zero energy supply. UEC is positioned as a low-risk and low-cost supplier to meet the growing demand for nuclear power's uranium requirements.
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2.28%
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TerraPower and Uranium Energy Corp (NYSE American: UEC) have signed a memorandum of understanding to reestablish domestic supply chains of uranium fuel. The MOU aims to explore the potential supply of uranium for TerraPower's Natrium™ reactor and energy storage system. The Natrium demonstration project in Kemmerer, Wyoming, will be a commercial scale plant upon completion and will begin operations within a decade. UEC's Wyoming resources have the critical mass to be a highly reliable source of uranium for American HALEU and a good strategic fit to supply TerraPower's Natrium reactor. The Natrium technology is a 345-megawatt sodium-cooled fast reactor coupled with a molten salt-based energy storage system that can boost power output to 500-megawatts to serve peak demand, making it the ideal technology to pair with energy grids that have high penetrations of renewable resources.
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5.67%
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Uranium Energy Corp (UEC) Announces Initial Assessment Technical Report Summary for Alto Paraná Titanium Project in Paraguay with World-Class Resources
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Uranium Energy Corp.

NYSE:UEC

UEC Rankings

UEC Stock Data

2.85B
371.65M
1.65%
70.95%
8.92%
Uranium-Radium-Vanadium Ore Mining
Mining, Quarrying, and Oil and Gas Extraction
Link
United States of America
VANCOUVER

About UEC

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; slick rock project in colorado; reno creek project in wyoming; diabase project located in canada; and yuty, oviedo, and alto paranã¡ titanium projects in paraguay. the company was formerly known as carlin gold inc. and changed its name to uranium energy corp. in january 2005. uranium energy corp. was incorporated in 2003 and is based in corpus christi, texas.