/biz/ - Business & Finance

UEC

Posted this in /pmg/ just a bit ago, figured I'd put it here to get some other opinions on it. I just came across this while looking at my UUUU and actually priding myself for having a decent player this week among my other mining stocks. Took a quick glance at their 10k and see pic related.

Their assets/liabilities ratio gap is pretty wide in terms of having liquid cash. They have some prospects in terms of land (maybe Pan Man can dive further into this) to go along with this. With all that spare room they have, to go along with their $296m MC, it could possibly be a dark horse play for uranium. Price per share is $1.49 and hasn't seen much movement in either direction for the last 5 years. But with a potential run up on uranium on the horizon, it got my attention.

I know with everyone fawning over the UUUU meme (hell, I'm playing it admittedly) mostly because it's an American company, UEC is Canadian and I'm not sure about their future with uranium or nuclear energy. And their quarterly earnings seem to fall a point or two each quarter. Not exactly sure what to make of it. Here's the link to their 10k for anyone that has better eyes than I do.

https://www.sec.gov/Archives/edgar/data/1334933/000143774920021877/uec20200731c_10k.htm

UEC

I just came across this while looking at my UUUU and actually priding myself for having a decent player this week among my other mining stocks. Took a quick glance at their 10k and see pic related.

Their assets/liabilities ratio gap is pretty wide in terms of having liquid cash. They have some prospects in terms of land (maybe Pan Man can dive further into this) to go along with this. With all that spare room they have, to go along with their $296m MC, it could possibly be a dark horse play for uranium.

I know with everyone fawning over the UUUU meme (hell, I'm playing it admittedly) mostly because it's an American company, UEC is Canadian and I'm not sure about their future with uranium or nuclear energy. And their quarterly earnings seem to fall a point or two each quarter. Not exactly sure what to make of it. Here's the link to their 10k for anyone that has better eyes than I do.

https://www.sec.gov/Archives/edgar/data/1334933/000143774920021877/uec20200731c_10k.htm