Roth MKM Sticks to Its Buy Rating for Uranium Energy (UEC)
In a report released today, Joseph Reagor from Roth MKM reiterated a Buy rating on Uranium Energy, with a price target of $17.00.
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Reagor covers the Basic Materials sector, focusing on stocks such as Iperionx Ltd. ADR, Avino Silver & Gold, and Coeur Mining. According to TipRanks, Reagor has an average return of 27.3% and a 53.12% success rate on recommended stocks.
The word on The Street in general, suggests a Strong Buy analyst consensus rating for Uranium Energy with a $20.69 average price target.
Based on Uranium Energy’s latest earnings release for the quarter ending January 31, the company reported a quarterly revenue of $20.2 million and a GAAP net loss of $13.93 million. In comparison, last year the company earned a revenue of $49.75 million and had a GAAP net loss of $10.23 million
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