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UROY - Uranium Energy Corp. Also Can't Make American Uranium Great Again
Uranium Royalty Corp.
The company has the largest resource base of fully permitted in situ recovery uranium projects in the USA.
However, resources are low and the key financial figures for its main projects look terrible at today’s uranium prices.
Uranium Energy Corp. is bleeding money and I think its assets are close to worthless at the moment.
The main risk for the bear thesis is a disconnect between uranium prices and the share prices of uranium miners, which emerged around the start of December.