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.
Investment Thesis
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Uranium Energy Q2 Earnings: Why I'm Buying This Stock