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UEC - Uranium Energy Q2 Earnings: Why I'm Buying This Stock
Uranium Energy Corp.
2024-03-12 08:02:29 ET
Summary
Uranium Energy Corp. reports Q2 2024 results with no revenues, but is preparing to restart production in Wyoming.
The demand for energy, driven by data centers and electric vehicle batteries, is increasing, with AI technology requiring more energy than anticipated.
UEC is an unhedged pure-play uranium company with a CEO committed to its growth, while other major uranium producers struggle to meet demand.