Uranium Energy (NYSE-MKT: UEC) shares have plunged more than 30% since a negative blog post about the company triggered an investigation by two New York-based law firms of the Texas-based firm, leaving at least one analyst baffled.
Uncertainty over Greece’s debt talks and a first-quarter contraction in the U.S. economy pushed stock indexes lower. Markets closed for the Memorial Day holiday, but when they reopened, the Dow Jones Industrial Average dropped 1.2% to…
U.S. equities swung back into the positive territory. The Dow Jones Industrial Average increased 1.4% to 18,080.14 points and the S&P 500 Index added 1.8% to 2,117.69. The Nasdaq rose 3.2% to 5,092.08. The gold price, however, fell US$15.30…
U.S. stocks tumbled during the first week of March as investors worried the strong monthly jobs report might trigger the Federal Reserve to hike interest rates sooner than expected. The Dow Jones Industrial Average lost 276 points, or 1.5%,…
Despite weaker-than-expected U.S. job numbers and accusations by Ukraine that Russia was sending tanks and soldiers across the border into the eastern part of the country, U.S. stock indexes still posted marginal gains. The Dow Jones Industrial…
Uranium prices and uranium stocks spiked in early November after politicians in Japan’s Kagoshima Prefecture, including governor Yuichiro Ito, approved two nuclear reactor restarts in the country.
Uranium Energy (NYSE-MKT: UEC) acquired the Anderson uranium project in May 2011 through an all-stock merger with Concentric Energy valued at US$4 million.
With mixed economic news during the trading week, market participants tended towards a bullish interpretation. Despite the Dow Jones Industrial Average being down 73 points to 16,511.86, the S&P 500 Index fared better, swinging positive and…
Six years ago when Uranium Energy (NYSE-MKT: UEC) expanded its in-situ recovery uranium projects beyond those it was developing in southern Texas, one of the parts of the world the company took a close look at was Paraguay.
Corpus Christi, Texas-based Uranium Energy (NYSE-MKT: UEC) has completed a promising preliminary economic assessment (PEA) on its Slick Rock uranium–vanadium deposit, which is one of its many projects in Colorado.
Texas-based Uranium Energy (NYSE-MKT: UEC) has drawn down another US$10 million from its previously announced US$20-million credit facility, after its lenders agreed to defer the required principal payments by two years, providing the company…
The rally continued south of the border, with the S&P 500 Index making up for three days of losses and finishing 6 points higher at 1,804.76 points for the period.
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