There are 4 articles on this stock available only to PRO subscribers.
Uranium Energy Corp.: Among The Better Options Of Uranium Companies
- Un-hedged production puts it in an advantageous position against its peers.
- In April, the Japanese government made the decision to include nuclear power as part of its national energy policy going forward.
- China, India and Russia have a favorable stance on nuclear power, and will drive demand in the years ahead.
Uranium Energy Corporation - First Stop In Assembling A Basket Of Uranium Exposure
- In response to low uranium prices that are not sustainable Uranium Energy Corp astutely slowed production.
- The current marginal cost of operating uranium projects require a significant increase in uranium prices.
- Uranium Energy Corp's in-situ method of recovery will generate large amounts of cash flow once uranium prices return to more sustainable levels.
Uranium Energy Soars On Hype: Danger Of A Significant Pullback
- A spree of overly bullish articles and penny stock promotion campaigns paid for by the company have fueled an 80% rise in share prices.
- Chairman Alan Lindsay's son is the President of an investor relations firm and his son-in-law specializes in investor marketing solutions and worked with over 500 public and private companies.
- The company generated zero sales for the most recent quarter, net losses increased by 28.4% and accumulated deficits now exceed $155M.
Uranium Energy Corp.: The Most Popular Junior Uranium Miner You Should Not Buy
- Uranium Energy Corp. has been on the receiving end of many bullish publications lately.
- This hasn't kept the stock from a sharp decline that far outpaces its peers.
- A cash crunch and accompanying dilution still appear imminent and highly probable.
- Even with a sudden jump the uranium spot price, the company's breakeven costs for mining appear unattractive at present.
Uranium Energy Corp. Sell-Off Provides Opportunity
- Uranium market provides long-term opportunity despite recent weakness.
- Japan approval of nuclear energy provides a near-term catalyst.
- Uranium Energy offers the cheapest valuation amongst the junior miners.
- Uranium Energy Corp (UEC) is poised for glowing returns, as its production ramps up and uranium prices bounce back.
- Nuclear power plant construction is in the midst of rapid expansion, which will boost demand for uranium.
- UEC boasts low production costs, ensuring high operating margins as uranium prices rise.
Uranium Energy Corp.: Cheapest Uranium Producer With Strongest Balance Sheet
- A bearish article on UEC last week appeared to have incorrect information.
- Management of UEC is smartly adapting operations and strategy in order to adapt to the current difficult market conditions.
- The balance sheet, cash position and debt situation of UEC are excellent for a junior uranium miner.
- UEC offers high leverage to shareholders when the uranium spot price reverses trend, something that will inevitably happen.
Uranium Energy: Significant Shareholder Dilution Ahead
- Uranium Energy has accepted a hefty price tag for extending an existing debt arrangement.
- The company has filed documents that will allow it to significantly dilute shareholders.
- Uranium production has been scaled back. Even at full capacity cash flow from operation is not sufficient to sustain the company.
Uranium Energy Corp.: The Best Opportunity In Uranium
Tue, Sep. 16, 9:08 AM
- Uranium Energy (NYSEMKT:UEC) +5% premarket after reporting a positive preliminary economic assessment on its Anderson project in Arizona, which includes a pre-tax project internal rate of return as high as 63%.
- Anderson's anticipated mine life is 14 years, during which it is expected to produce ~16M lbs. of uranium at an average annual rate of slightly more than 1M lbs./year.
- Project capex is estimated at $8M for pre-production costs and ~$44M for initial capital.
Fri, Aug. 29, 12:45 PM
Wed, Jul. 16, 8:35 AM
- Japan's nuclear watchdog gives safety clearance for the restarting of two nuclear reactors in southern Japan, recognizing their compliance with stricter regulations created after the 2011 Fukushima nuclear accident.
- The move is seen as unlikely to lower prices for liquefied natural gas because the country’s 46 other units are unlikely to resume this year; North Asia LNG prices have rallied 54% since Japan shut nuclear plants and boosted gas purchases for power generation after the Fukushima disaster.
- Related nuclear tickers: NLR, CCJ, URA, BWC, SHAW, URS, FLR, LTBR, URG, UEC, URRE, USU, DNN
Wed, Jul. 2, 11:31 AM
- USEC (USU +25.5%) extends yesterday's huge gains following news of $2.5M in new funding from the Department of Energy; shares have dropped off early morning gains of as much as 65% but have more than tripled since the announcement.
- A Seeking Alpha blog says the $2.5M influx moves the needle very little in the context of refinancing $530M of bonds outstanding, and that the stock soon will revert to fundamental valuation; post-reorganization, with convertible note holders taking the lion's share of value, equity holders will be left with less than 5% of the current trading value of the stock.
- Uranium peers are mostly higher: URRE +8.8%, URG +5%, UUUU +2.8%, URZ +2.7%, DNN +1.5%, UEC flat.
Tue, Jul. 1, 10:58 AM
- Uranium supplier USEC (USU +60.4%) soars as much as 70% in early trading after an SEC filing reveals it secured ~$2.5M in additional funds through the U.S. Department of Energy, bringing total DoE funding to ~$16M.
- The funds come via an amendment to the agreement with UT-Battelle, operator of Oak Ridge National Laboratory in Tennessee, for continued R&D of the American Centrifuge technology in furtherance of Department of Energy national security objectives.
- Also, a statement of operations shows revenues of ~$6M and a net loss of ~$3.5M in May.
- Uranium peers on radar include UEC +7.7%, URG +2.7%, URRE +2.7%, DNN +1.6%, UUUU +1.6%.
Thu, Jun. 5, 10:54 AM
- RBC cuts its outlook for uranium prices over the next several years as it concludes the market will remain in surplus through 2020.
- RBC believes Japanese reactor restarts could result in a recovery in uranium prices to $40/lb. in late 2014 or early 2015, but thinks the price is likely to be capped at that level until the market begins to tighten; the firm predicts only four Japanese reactors will restart this year with 28 - slightly more than half the current fleet - eventually restarting.
- Spot prices recently dropped below $30 as supply remains well ahead of demand since the Fukushima disaster.
- RBC cuts its price target for industry leader Cameco (CCJ -2.5%), seeing shares rangebound between $18-$27.
- URZ -3.3%, UUUU -2.5%, URRE -1.5%, UEC -1.1%, USU -0.9%, DNN flat, URG flat.
- ETFs: URA, NLR, NUCL.
Fri, May. 16, 5:30 PM
- Uranium prices have dropped to eight-year lows, with delays in restarting Japan's nuclear reactors prolonging a uranium supply glut, Bloomberg reports.
- Uranium dropped to $29/lb. on May 2, the lowest since June 2005 and extending this year’s drop to 16%; UBS has reduced its 2014 price forecast by 9% to $39/lb., and Credit Suisse cut its projection by 7% to $38.80.
- Japanese restarts are the key catalyst to get utilities to resume long-term contracting, which should support prices, Raymond James analyst David Sadowski says, cutting his 2014 price forecast by 14% to $36.
- "The next 18 months we see as being a very difficult period for the market," Cameco CEO Tim Gitzel says in the report.
- ETFs: URA, NLR, NUCL.
- Companies: CCJ, DNN, USU, URRE, UEC, URG.
Tue, May. 13, 12:45 PM
Fri, Apr. 11, 4:53 AM
- Japan's Cabinet has approved an unpopular plan to reinstate nuclear energy as an important source of electricity, although there are doubts about how big a role atomic power will be able to play.
- Japan may have to leave up to two-thirds of its 48 idled nuclear reactors closed, a Reuters analysis shows, due to the high cost of upgrades, local opposition or seismic risks.
- The country's nuclear plants were shut following the Fukushima disaster over three years ago, which has caused the country to significantly increase its energy imports. That has acted as a drag on GDP and prompted fears that Japan could suffer from a permanent current-account surplus which could undermine confidence in its massive debt.
- Relevant tickers: DNN, CCJ, USU, URRE, UEC, URG
- Japan ETFs: DXJ, EWJ, FXY, YCS, JGBS, JGBD, JYN, NKY, DBJP, EZJ, EWV, YCL, ITF, JPNL, JGBL, JPP, JGBT, JPNS, HEWJ, JGBB, FJP, URA
- Nuclear ETFs: URA, NLR, NUCL
Wed, Apr. 9, 2:20 PM
- Uranium Energy (UEC +15.5%) shares recoup most of their 16%-plus loss suffered yesterday when Seeking Alpha blogger Itinerant posted an article predicting "significant shareholder dilution ahead."
- Key points in the article: UEC has accepted a hefty price tag for extending an existing debt arrangement, it has filed documents that will allow for significant shareholder dilution, and uranium production has been scaled back to the point that cash flow from operations will prove insufficient to sustain the company.
Wed, Apr. 9, 12:45 PM
Sat, Apr. 5, 8:25 AM
- Bloomberg discusses the chances of the next nuclear accident, arguing it is a crisis waiting to happen and could be in a country with little experience to deal with it.
- While atomic power has fallen from favor in some western European countries since the Fukushima accident in Japan - Germany, for example, is shutting all its nuclear plants - it’s gaining more traction in Asia as an alternative to coal; of the 176 reactors planned worldwide, 86 are in nations that had no nuclear plants 20 years ago.
- If nuclear is to remain a part of the world’s energy supply, the industry must come up with solutions to make sure contamination - and other consequences, including financial - don't spread beyond station grounds, former NRC boss Gregory Jaczko says.
- Gregor Macdonald believes nuclear has no future, adding the extinction level event bearing down on global nuclear power is the rise of solar.
- Nuclear names: URA, NLR, NUCL, CCJ, DNN, USU, URRE, UEC, URG
Wed, Feb. 26, 2:50 PM
- Top uranium miners rise for a second straight day after the Japanese government reversed plans to shift away from atomic energy, designating nuclear as an integral part in meeting the country’s long-term electricity needs.
- PM Abe's plan, which is expected to receive cabinet approval in weeks, could open the door to restarting some of Japan's 48 idled reactors as soon as this year; the plan also hints at possible new reactors.
- Japan’s turnaround on atomic energy has as much to do with finances as anything else; Japan's utilities have been making up the shortfall caused by the absence of nuclear energy by buying liquefied natural gas on the international market at record high prices.
- Denison Mines (DNN +8.6%), which today announced high grade uranium intersections at its Phoenix deposit, and Cameco (CCJ +4.2%), Canada's largest uranium producer, continue to move higher; smaller miners are fading after posting strong gains yesterday: USU +3.3%, URRE -0.9%, UEC -1.1%, URG -3.4%.
- ETFs: URA, NLR, NUCL.
Mon, Feb. 24, 11:42 AM
- Uranium takeovers are on the verge of a comeback that could put companies such as Denison Mines (DNN +5.2%), Ur-Energy (URG +4.9%) and Fission Uranium (FCUUF) in play, according to a Bloomberg report.
- Uranium prices are forecast to rise more than 40% by year's end as Japanese power plants restart nuclear reactors that have been shut down since the March 2011 Fukushima disaster, and analysts say the rebound in uranium demand may fuel takeovers as buyers try to get ahead of rising prices.
- DNN would make an attractive target for someone looking to gain access to Canada’s Athabasca Basin, home to the world’s richest high-grade uranium; a Raymond James analyst thinks Rio Tinto may be particularly interested.
- Cantor Fitgerald thinks DNN and Fission could be targets of Cameco (CCJ +0.8%), which has been building up cash and last month sold a stake in a power plant for C$450M.
- Also: URRE +5.5%, URZ +4.6%, UEC +0.9%, USU +0.4%.
- ETFs: NLR, NUCL.
Wed, Feb. 19, 3:59 PM
- Investors in uranium companies are not excited by the U.S. government's plans for $8.3B in nuclear loan guarantees, as the amount is viewed as insufficient and the overall loan program is seen as fizzling, according to a NY Times report.
- Funds are coming far later than anticipated and may effectively end a program that Congress established in 2005 to jump-start a new generation of nuclear plants, NYT writes; at one point, the program was expected to support more than $50B in loans for nuclear projects.
- USEC (USU -10.8%) is slammed despite reporting another $16.7M in government obligated funds toward development of the American Centrifuge project.
- Other uranium providers are lower too: URG -4.1%, DNN -3.7%, URRE -3.7%, UEC -3.5%, URZ -3.2%, CCJ -1%.
- ETFs: NLR, NUCL.
Oct. 25, 2013, 5:42 PM
- Greenland's parliament has removed a 25-year-old ban on uranium mining, paving the way for an industrial boom the Arctic island hopes will help it gain independence from Denmark.
- Greenland wants to boost its mining of rare earths, but uranium often is found mixed into rare earths, so the ban was blocking key mining activity.
- One rare earth deposit being explored by Greenland Minerals (GDLNF) could be the largest outside China; the company thinks it could extract up to 40K tons/year of rare earth metals.
- Rare earths: REMX, REE, MCP, SHZ, AVL, GSM.
- Uranium: URA, NLR, BWC, SHAW, URS, FLR, LTBR, URG, UEC, URRE, USU, DNN, CCJ.
UEC vs. ETF Alternatives
Uranium Energy Corp is a natural resource exploration company. It is engaged in uranium mining and related activities including exploration, pre-extraction, extraction and processing on uranium projects located in the United States and Paraguay.
Other News & PR