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Roth MKM Sticks to Their Buy Rating for Uranium Energy (UEC)

Tipranks - Tipranks - Thu Jun 11, 2:20AM CDT

In a report released yesterday, Joseph Reagor from Roth MKM reiterated a Buy rating on Uranium Energy, with a price target of $17.00. The company’s shares closed yesterday at $10.65.

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The word on The Street in general, suggests a Strong Buy analyst consensus rating for Uranium Energy with a $20.19 average price target, representing an 89.58% upside. In a report released yesterday, Goldman Sachs also maintained a Buy rating on the stock with a $16.00 price target.

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Based on Uranium Energy’s latest earnings release for the quarter ending April 30, the company reported a quarterly GAAP net loss of $52.94 million. In comparison, last year the company had a GAAP net loss of $30.21 million

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