Today we feature Uranium Energy Corp. (NYSE: UEC), a uranium explorer, as the top momentum gainer since the stock climbed more than 16% during the last two consecutive trading days with far more shares changing hands than in a normal session. UEC was the top gainer in the U.S. diversified mining sector after rising 15.9% in the last session and closing at $1.53 while recording significant volume of 5.9 million shares. During the past 5-trading sessions, UEC surged 54.6% with daily average trading volume of 2.5 million shares, while the stock appreciated over 41.7% in the past month with daily average trading volume of 1.97 million shares.
Company Description:
Uranium Energy Corp (NYSE: UEC) is a uranium production, development and exploration company. The company’s fully licensed and permitted Hobson processing facility is central to all of its projects in South Texas, including the Palangana in-situ recovery project, which is ramping up to full production this year, and the Goliad in-situ recovery project.
1-Year Stock Chart:
Source: Bloomberg
