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Roth MKM Reaffirms Their Buy Rating on Uranium Energy (UEC)

Tipranks - Tipranks - Thu Mar 12, 2:42AM CDT

Roth MKM analyst Joseph Reagor maintained a Buy rating on Uranium Energy yesterday and set a price target of $17.00. The company’s shares closed yesterday at $14.48.

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Reagor covers the Basic Materials sector, focusing on stocks such as G2 Goldfields Inc, Silvercorp Metals, and Hecla Mining Company. According to TipRanks, Reagor has an average return of 29.0% and a 54.33% success rate on recommended stocks.

In addition to Roth MKM, Uranium Energy also received a Buy from TipRanks – Google’s Google Uranium in a report issued yesterday. However, on the same day, TipRanks – Google downgraded Uranium Energy (NYSE MKT: UEC) to a Hold.

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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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