Latest news with #UraniumEnergy
Yahoo
03-07-2025
- Business
- Yahoo
Uranium Energy (UEC) Boosts Anfield Energy Stake to 32.4%
Uranium Energy Corp. (NYSE:UEC) is one of the top 10 nuclear energy stocks to invest in for the next decade. The company revealed on June 20 that it had acquired an additional 170 million common shares of Anfield Energy. The transaction is a private agreement at C$0.115 per share, which brings the total value to C$19.60 million. This acquisition increased Uranium Energy's ownership in Anfield to about 32.4% of the outstanding Anfield shares on a non-diluted basis. Before this transaction, Uranium Energy's non-diluted stake was around 17.6%. According to Uranium Energy, the additional Anfield shares were acquired for 'investment purposes.' The company indicated that it will 'continue to monitor the business, prospects, financial condition, and potential capital requirements of Anfield.' Depending on its evaluation, Uranium Energy 'may from time to time in the future decrease or increase, directly or indirectly, its ownership, control or direction over securities of Anfield.' Uranium Energy Corp. (NYSE:UEC) is a U.S.-based uranium mining and exploration company. It produces uranium and titanium concentrates through a mix of in-situ recovery (ISR) and conventional mining methods. The company operates projects across the United States, Canada, and Paraguay. While we acknowledge the potential of UEC as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock. READ NEXT: 10 Best Healthcare Penny Stocks to Buy According to Analysts and Goldman Sachs Energy Stocks: 10 Stocks to Buy. Disclosure: None. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
28-06-2025
- Business
- Yahoo
Uranium Energy (UEC) Gained This Week. Here is Why.
The share price of Uranium Energy Corp. (NYSEAMERICAN:UEC) surged by 6.02% between June 18 and June 26, 2025, putting it among the Energy Stocks that Gained the Most This Week. A mining worker in a hard hat and coveralls hammering away at the uranium rich walls of the mine. Uranium Energy Corp. (NYSEAMERICAN:UEC) is engaged in uranium mining and related activities. The company is the fastest-growing uranium supplier in North America, fueling the growing demand for carbon-free nuclear energy. Uranium Energy Corp. (NYSEAMERICAN:UEC) significantly expanded its strategic influence in the uranium market recently by boosting its stake in Anfield Energy with an investment of $14.82 million. Following the transaction, UEC now holds a 32.4% stake in Anfield – a company that primarily explores for uranium, vanadium, and gold deposits. Uranium Energy Corp. (NYSEAMERICAN:UEC) is among the nuclear energy stocks that recently garnered much investor attention following an executive order by President Trump to quadruple America's nuclear energy capacity by 2050. The order also lays special focus on increasing domestic mining and enrichment of uranium, creating significant opportunities for players like UEC. The stock also received a boost from the increasing global price of uranium, which has surged by more than 12.5% over the last two weeks. While we acknowledge the potential of UEC as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock. READ NEXT: 10 Best Nuclear Energy Stocks to Buy Right Now and Disclosure: None.
Yahoo
03-06-2025
- Business
- Yahoo
Why Uranium Energy Stock Is Spiking Today
Meta Platforms signed a massive 20-year deal with a nuclear energy provider. The company will use the entire output of a nuclear plant in Illinois. Uranium Energy and other nuclear stocks saw a boost as investors took it as a sign more deals like it may be coming. 10 stocks we like better than Uranium Energy › Shares of Uranium Energy (NYSEMKT: UEC) are flying higher on Tuesday. The company's stock spiked 11.8% as of 2:26 p.m. ET. The movement comes as the S&P 500 (SNPINDEX: ^GSPC) and the Nasdaq Composite (NASDAQINDEX: ^IXIC) gained 0.4% and 0.6%, respectively. Uranium Energy and nuclear stocks across the industry saw a boost after a major deal was announced between Meta Platforms and Constellation Energy. The parent company of Facebook and Instagram announced on Tuesday that it has signed a 20-year agreement with Constellation to purchase roughly 1.1 gigawatts of energy from the nuclear company's Clinton Clean Energy Center in Illinois. That is the entire output from the Constellation site's nuclear reactor. The deal is concrete proof of big tech's newfound interest in nuclear energy. With the advent of generative AI, tech companies are finding current options insufficient to power the massive data centers that power today's exceptionally power-hungry artificial intelligence (AI) models. Nuclear energy offers a reliable and powerful-enough output to meet the demands of AI without emitting greenhouse gases. Uranium Energy, which provides the uranium that powers reactors like the one Meta will now draw on, saw its stock lifted on the news of Meta's deal. Investors appear to believe more deals like it will be inked in the years to come, and demand for uranium will spike, boosting Uranium Energy's bottom line. I think Uranium Energy can be a solid addition to a well-diversified portfolio for investors who want exposure to stocks in the uranium space. It is fast growing, and if this trend in big tech's reliance on nuclear power continues, the company is likely to benefit. Before you buy stock in Uranium Energy, consider this: The Motley Fool Stock Advisor analyst team just identified what they believe are the for investors to buy now… and Uranium Energy wasn't one of them. The 10 stocks that made the cut could produce monster returns in the coming years. Consider when Netflix made this list on December 17, 2004... if you invested $1,000 at the time of our recommendation, you'd have $657,385!* Or when Nvidia made this list on April 15, 2005... if you invested $1,000 at the time of our recommendation, you'd have $842,015!* Now, it's worth noting Stock Advisor's total average return is 987% — a market-crushing outperformance compared to 171% for the S&P 500. Don't miss out on the latest top 10 list, available when you join . See the 10 stocks » *Stock Advisor returns as of June 2, 2025 Randi Zuckerberg, a former director of market development and spokeswoman for Facebook and sister to Meta Platforms CEO Mark Zuckerberg, is a member of The Motley Fool's board of directors. Johnny Rice has no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Meta Platforms. The Motley Fool recommends Constellation Brands. The Motley Fool has a disclosure policy. Why Uranium Energy Stock Is Spiking Today was originally published by The Motley Fool
Globe and Mail
03-06-2025
- Business
- Globe and Mail
Noble Plains Uranium Secures Strategic Ground in Heart of Shirley Basin Uranium District
Vancouver, British Columbia--(Newsfile Corp. - June 3, 2025) - Noble Plains Uranium Corp. (TSXV: NOBL) (OTCQB: IXIXF) (FSE: INE) (" Noble Plains" or the " Company") is pleased to announce that it has secured an option to acquire a 100% interest in 30 highly strategic mineral claims collectively called the Shirley Central Property in the prolific Shirley Basin of Wyoming, a historically productive and infrastructure rich uranium district in the United States. Several of the Shirley Central Property claims lie directly within Ur-Energy Inc.'s Shirley Basin permit boundary, while others are surrounded by Uranium Energy Corp's (UEC) land package-placing Noble Plains in the middle of a rapidly developing uranium hub. Ur-Energy Inc.'s Shirley Basin Project currently hosts a National Instrument 43-101 compliant Measured (1,367,000 short tons) and Indicated (549,000 short tons) Resource of 8.816 million pounds U₃O₈ at 0.23% 1 and is under active construction 2. "This acquisition is a clear reflection of our strategy-targeting sound geological projects in premier U.S. uranium jurisdictions," stated Drew Zimmerman, President of Noble Plains. "We're focused on acquiring brownfield assets with proven potential and strong ISR amenability, and this new land package in the Shirley Basin is a prime example." To view an enhanced version of this graphic, please visit: The Company has obtained, digitized, and interpreted historical aerial photos and records to reveal at least five distinct areas of dense, systematic drilling within the Shirley Central Property as conducted by past operators, such as Kerr-McGee (see Figure 1). These were drilled between former producing open-pit mines, targeting uranium mineralization with denser grid spacing (25m by 25m) designed to delineate higher-grade zones. Historic exploration density strongly suggests high-confidence targets for future ISR resource delineation. Noble Plains plans to fast-track permitting to begin drilling on these "bullseye" targets by late summer 2025. "The Shirley Basin is very well-understood geologically and in a historically productive uranium district in the United States," said Paul Cowley, CEO of Noble Plains. "This land package sits between past-producing open pits and has dense historical drilling with clear signs of mineralization that make it an exceptional geological opportunity with five "bullseye" targets already identified for drill testing." The Shirley Central Property adds to the Company's Shirley East Property (aka Hot Property), expanding Noble Plains' Shirley Basin footprint to a total of 101 unpatented mineral claims covering 8.44 km² (3.26 mi²), consolidating the Company's position in a premier U.S. uranium district (see Figure 2). To view an enhanced version of this graphic, please visit: Shirley Basin Wyoming is the top uranium-producing state in the U.S. and hosts the country's largest ore reserves. The Shirley Basin alone produced over 52 million pounds of U₃O₈ between 1960 and 1992 at an average grade of 0.22% U₃O₈ -over three times the current U.S. average. With ISR now the dominant method of uranium production in Wyoming, these newly optioned claims are especially compelling. ISR offers lower capital and operating costs, minimal surface disturbance, and no tailings-aligning with Noble Plains' commitment to environmentally responsible development. 1 Updated Initial Assessment Technical Report Summary on Shirley Basin ISR Uranium Project, Carbon County Wyoming, USA dated March 4, 2024 and prepared by Western Water Consultants, Inc. 2 Ur-Energy Announces Decision to Build Out Shirley Basin Mine: Press Release dated March 13, 2024 Terms of Transaction The Company has signed a property option agreement (the " Agreement") effective June 1, 2025, with a private vendor pursuant to which the Company can acquire a 100% interest in the Shirley Central Property. Pursuant to the Agreement, the Company will pay US$50,000 annually to the vendor. Between the third anniversary of the effective date of the Agreement and a construction decision, the Company can exercise the option to own a 100% interest in the Shirley Central Property subject to a 3% gross value royalty. At that time, annual option payments of US$50,000 convert to an annual US$50,000 milestone payment. The Shirley Central Property option transaction is considered an Exempt Transaction, as such term is defined in the policies of the Exchange and, thus, does not require Exchange approval. On Behalf of the Board of Directors, "Paul Cowley", CEO Bradley Parkes, VP Exploration and Director of Noble Plains Uranium Corp., is the Qualified Person as defined in National Instrument 43-101, who has read and approved the technical content of this news release. This news release includes certain forward-looking statements as well as management's objectives, strategies, beliefs and intentions. Forward looking statements are frequently identified by such words as "may", "will", "plan", "expect", "anticipate", "estimate", "intend" and similar words referring to future events and results. Forward-looking statements are based on the current opinions and expectations of management. All forward-looking information is inherently uncertain and subject to a variety of assumptions, risks and uncertainties, including the speculative nature of mineral exploration and development, fluctuating commodity prices, competitive risks and the availability of financing, as described in more detail in our recent securities filings available at Actual events or results may differ materially from those projected in the forward-looking statements and we caution against placing undue reliance thereon. We assume no obligation to revise or update these forward-looking statements except as required by applicable law. Neither the TSX Venture Exchange nor its Regulations Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accept responsibility for the adequacy or accuracy of this release.
Yahoo
30-05-2025
- Business
- Yahoo
Why Uranium Energy (UEC) Dipped More Than Broader Market Today
The most recent trading session ended with Uranium Energy (UEC) standing at $5.93, reflecting a -1.33% shift from the previouse trading day's closing. The stock trailed the S&P 500, which registered a daily loss of 0.01%. Meanwhile, the Dow experienced a rise of 0.13%, and the technology-dominated Nasdaq saw a decrease of 0.32%. The the stock of uranium mining and exploration company has risen by 14.04% in the past month, leading the Basic Materials sector's gain of 2.29% and the S&P 500's gain of 6.43%. The upcoming earnings release of Uranium Energy will be of great interest to investors. The company's upcoming EPS is projected at -$0.04, signifying a 20% increase compared to the same quarter of the previous year. Looking at the full year, the Zacks Consensus Estimates suggest analysts are expecting earnings of -$0.10 per share and revenue of $89.78 million. These totals would mark changes of -11.11% and +39978.13%, respectively, from last year. Investors should also take note of any recent adjustments to analyst estimates for Uranium Energy. These latest adjustments often mirror the shifting dynamics of short-term business patterns. As a result, we can interpret positive estimate revisions as a good sign for the company's business outlook. Based on our research, we believe these estimate revisions are directly related to near-team stock moves. To capitalize on this, we've crafted the Zacks Rank, a unique model that incorporates these estimate changes and offers a practical rating system. The Zacks Rank system, spanning from #1 (Strong Buy) to #5 (Strong Sell), boasts an impressive track record of outperformance, audited externally, with #1 ranked stocks yielding an average annual return of +25% since 1988. Within the past 30 days, our consensus EPS projection remained stagnant. As of now, Uranium Energy holds a Zacks Rank of #2 (Buy). The Mining - Miscellaneous industry is part of the Basic Materials sector. This group has a Zacks Industry Rank of 133, putting it in the bottom 47% of all 250+ industries. The Zacks Industry Rank gauges the strength of our industry groups by measuring the average Zacks Rank of the individual stocks within the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1. Make sure to utilize to follow all of these stock-moving metrics, and more, in the coming trading sessions. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Uranium Energy Corp. (UEC) : Free Stock Analysis Report This article originally published on Zacks Investment Research ( Zacks Investment Research
