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TSE:UEX

UEX Corp. (UEX.TO)

0.50
+0.07 (16.47%)
as of Aug 24, 2022, 7:59:47 pm Market Open.
21 watching
0
DON'T BUY

The million-dollar question: so where the price of uranium will go, because it's been dead for so long. Don't put new money into it. A long-term play, not short-term.

COMMENT

A small uranium exploration company, and is really going to trade with uranium prices and exploration success.

COMMENT
Not one of the foremost currently in terms of the smaller companies. Much of it is in the western basin, which tends to be deeper.
DON'T BUY
Thinks the whole uranium sector is cloudy right now. The only activity might be the scooping up of smaller producers by larger producers. To buy a stock based on this is not really the best reason. Feels there are better places to be.
COMMENT
Poised for a takeover? If you have a longer-term view, there are values in these uranium companies if you can project a $60-$70 uranium price again. You would have to hold a basket hoping that one of them would get taken over.
DON'T BUY
Often one company in an industry is taken out and all the others act like they are in play. Can this one finance the extraction of their deposits. Uranium is an interesting contrarian area. They don’t interest him because they are too confusing, their balance sheets are ugly or they are in countries that he doesn’t like. If the whole sector is down then it is good for each stock.
BUY
Juniors in uranium look very attractive right now.
DON'T BUY
There has been a lot of speculation on takeovers in the uranium sector but he doesn't see it for this company. He is still negative on the uranium sector.
DON'T BUY
Uranium space, since the Japanese earthquake, is dead money for smaller companies. They are not going to have the capital needed to develop their projects. No reason to be here for a couple of years at least.
COMMENT
Went through a bit of a management change. A long time story. Cameco (CCO-T) own about 20%. Not getting a lot of attention and needs to get larger. Kind of in the development mode, which is boring to some investors.
DON'T BUY
Nuclear is not going to go away, but he is more interested in a producer than an explorer. Prefers CCO – buy out of the money puts on it.
WAIT
Uranium. Because of the Japan situation, there is probably an over reaction. We are at support. It could sit around in this area. It needs to go above the gap above $2. We need uranium – it is not going away. The stocks will stock here for a while.
BUY
Had a big correction in early January, then broke-out. Should go up from recent low to recent high in short term. If it broke $2.25 it would nullify everything he said.
BUY
A core uranium non-producer. In the Athabaskin basin, one of the best prospective areas globally for high-grade uranium. Have an initial resource of 88 million pounds.
DON'T BUY
A toss of the coin. It’s one of about 700 juniors. Interesting one. Difficult to say whether it will get to production. Would rather have Denison (DML-T) or Hathor Exploration (HAT-X), which has fabulous grades.
Showing 1 to 15 of 86 entries

UEX Corp. (UEX.TO) Frequently Asked Questions

What is UEX Corp. stock symbol?

UEX Corp. is a Canadian stock, trading under the symbol UEX.TO (previously UEX-T on Stockchase) on the Toronto Stock Exchange (UEX-CT). It is usually referred to as TSX:UEX or UEX.TO

Is UEX Corp. a buy or a sell?

In the last year, no analyst issued a Buy, Sell, or Hold rating on UEX.TO (previously UEX-T on Stockchase) on Stockchase. Read the latest expert commentary for UEX Corp..

Is UEX Corp. a good investment or a top pick?

UEX Corp. was recommended as a Top Pick by Michael Smedley on 2010-11-22. Read the latest stock experts ratings for UEX Corp..

Why is UEX Corp. stock dropping?

Earnings reports or recent company news can cause the stock price to drop. Read stock experts' recommendations for UEX Corp..

Is UEX Corp. worth watching?

UEX Corp. is followed by 21 investors on Stockchase and is a trending stock that is worth watching.

What is UEX Corp. stock price?

On 2022-08-24, UEX Corp. (UEX.TO) stock closed at a price of $0.50.