Uranium will continue to run even if the correction appears severe. Over the next three years until 2028, the USA wants to completely eliminate its dependence on Russian LEU, i.e. low-enriched uranium. And now Uranium Energy, or UEC, comes into play! The company has successfully restarted uranium production at its former Christensen Ranch In-Situ Recovery ("ISR") operation in Wyoming, USA. UEC is a clear buy at this level. H.C. Wainwright gave again a buy recommendation for UEC with a price target of 10.25 USD for the stock.
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