Shares of the uranium mining company suffered a short attack yesterday when Kerrisdale Capital published a report declaring the stock itself (and not just its products) "radioactive." Uranium Energy shares tumbled nearly 15% on the news yesterday, and fell another 13% earlier this morning -- but have since clawed back at least some of today's losses, and are now down only 5.7% as of 11:30 a.m. ET. Although UEC reported $23 million in sales last year, and $105 million through the first six months of this current fiscal year, Kerrisdale curiously argues that UEC only had "revenue from selling mined uranium" in fiscal years 2012 and 2013 -- and not since.
Uranium Energy Corp (NYSE American: UEC) (the "Company" or "UEC") is pleased to announce the appointment of Trecia Canty to the Company's Board of Directors.
Uranium Energy Corp (NYSE American: UEC, the "Company" or "UEC") is pleased to announce that it has filed a Technical Report Summary ("TRS") on EDGAR disclosing mineral resources for the Company's Workman Creek Project in Arizona (the "Project").