Uranium Energy is a publicly traded company focused on the exploration and production of uranium, which is primarily used as fuel for nuclear power plants
The company engages in the identification, acquisition, and development of uranium properties, leveraging advanced technologies and sustainable practices to extract and process uranium. With a portfolio of projects primarily located in the United States and in strategic regions worldwide, Uranium Energy aims to contribute to the growing demand for clean energy through its commitment to responsible mining and production methods. Through its operations, the company seeks to play a key role in the nuclear energy sector and the global energy transition.
Jim Cramer believes Uranium Energy Corp. is going higher, thanks to a recent acquisition deal. Novo Nordisk faces antitrust concerns while Halliburton gets a Buy rating from BofA Securities.
Uranium Energy Corp. expands production with acquisition of Rio Tinto's Wyoming assets for $175 million, adding 175 million pounds of uranium resources and a licensed plant with 3,000-ton-per-day capacity.
