Uranium Energy up 8% as CEO paints optimistic outlook

• Uranium Energy (NYSE:UEC +7.9%) is up sharply after CEO Amir Adnani told shareholders that uranium may be experiencing "fundamental shifts in the supply/demand picture" that may support higher prices, with spot prices now up 35% above 2014 lows.
• At ~$36/lb., the CEO says UEC faces "a once-in-a-generation opportunity," and that "there are strong reasons to believe that the bottom of the cycle has been reached and the future could well see significantly higher uranium prices."