Short term - may 2019. Long term - years
PARTICIPATION IN THE PORTFOLIO
1 % -This is just speculation
TIME to sell
30 % increase in price - short time
The Company specializes in exploration, extraction and processing uranium and titanium. It is one of the biggest native US companies involved in uranium market. UEC concentrates its activities in United States, Canada and Paraguay.
Uranium Energy control many mines rich in uranium and titanium. Palagana mine, Burke Hollow, Goliad, Longhorn, Salve, Anderson, Workman Creek, Los Cuatros and Slick Rock located in US, Diabase located in Canada and Yuty, Oviedo, Alto Parana located in Paraguay(titanium) makes this company a good candidate for one of the main American uranium producers.
UEC can produce more than 4 million pounds of U3O8 per year. If you compare it to the fact that total annual production of uranium in US is at the level of 400 000 pounds you can imagine how attractive company to invest it could be.
Uranium is like gold but more powerful. It`s rare like this shinny metal but it`s also can produce a lot of energy. Uranium Energy Corp. can produce over 4 mln pounds per year the best fuel we can find in earth. Uranium has the highest energy density per kilogram of all fuels. If you compare 500 GJ/kg to 24MJ/kg you can see the difference. The first data represents uranium, and then second one represents coal.
The price of uranium will grow because of increasing demand for nuclear power. Ready to start poles of uranium makes UEC really good early investing opportunity. Once Uranium energy Corp begins to extract and process uranium, the price of their shares will explode.
I didn`t prepare any graph for you. It is your homework. Please try to find good entry point. In my opinion it is the most important thing in investing at all. It doesn`t guarantee financial success of your investments but increases probability of your success in trading.
Please note that is only my private opinion and it is not professional investment advice because I`m not licensed financial advisor. I have done fundamental and technical research and I hope it would generate some profits for you and me. Anyway be careful because stock markets is very dangerous now 🙂
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