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Last $1.15 USD
Change Today +0.08 / 7.48%
Volume 1.2M
UEC On Other Exchanges
As of 8:04 PM 08/28/15 All times are local (Market data is delayed by at least 15 minutes).

uranium energy corp (UEC) Snapshot

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52 Week High
06/3/15 - $3.00
52 Week Low
08/26/15 - $0.90
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uranium energy corp (UEC) Details

Uranium Energy Corp. engages in the exploration, extraction, and processing of uranium concentrates on projects located in the United States and the Republic of Paraguay. As of July 31, 2014, it had mineral rights in uranium projects located in the states of Arizona, Colorado, New Mexico, Texas, and Wyoming, as well as in the Republic of Paraguay. The company was formerly known as Carlin Gold Inc. and changed its name to Uranium Energy Corp. in January 2005. Uranium Energy Corp. was incorporated in 2003 and is based in Corpus Christi, Texas.

61 Employees
Last Reported Date: 10/14/14
Founded in 2003

uranium energy corp (UEC) Top Compensated Officers

Co-Founder, Chief Executive Officer, Presiden...
Total Annual Compensation: $640.0K
Chief Financial Officer, Principal Accounting...
Total Annual Compensation: $209.9K
Vice President of Administration
Total Annual Compensation: --
Compensation as of Fiscal Year 2014.

uranium energy corp (UEC) Key Developments

Uranium Energy Corp Approves the Election of David Kong to the Board of Directors

Uranium Energy Corp. at its annual general meeting of stockholders held on July 30, 2015, elected David Kong to the board of directors of the company.

Uranium Energy Corp. Advances Permitting at the Burke Hollow ISR Project in South Texas

Uranium Energy Corp. announced that the Texas Commission on Environmental Quality has now issued two final Class I disposal well permits for the Burke Hollow Project in South Texas. The Mine Permit, Aquifer Exemption and Radioactive Material License applications are in advanced stages of technical review and will be followed by the first Production Area Authorization application at Burke Hollow. The receipt of these permits, in addition to the already approved disposal well permits will allow for operations to commence at this project which is one of the company's ISR projects. UEC began exploration drilling on the Burke Hollow Project in 2012 and discovered three mineralized trends later the same year. Subsequently the project has been expanded to its current size of almost 20,000 acres. To date, uranium mineralization has been discovered in three separate mineralized horizons, with two distinct and separate trend areas of the property, resulting in an inferred mineral resource of 5.12 million pounds of uranium (U3O8) grading 0.09% U3O8. The mineral resource estimate is based on a total of 246,400 feet of drilling in 526 holes since mid-2012. Only approximately 50% of the project acreage has been explored to date. The Project is located approximately 45 miles from the company's Hobson Processing Plant. In conjunction with permitting activities, the company will initiate a drilling program to delineate projected extensions of previously discovered mineralized trends which continue for another four miles to the south and west of the two trend areas which contain inferred resources defined within its current NI 43-101 technical report. The company anticipates reporting on new drill results in the fourth quarter of the calendar year.

Robbins Arroyo LLP Announces Federal Securities Fraud Class Action Complaint Against Uranium Energy Corp

Robbins Arroyo LLP announced that a federal securities fraud class action complaint was filed in the U.S. District Court for the Southern District of Texas. The complaint alleges that officers and directors of Uranium Energy Corp. violated the Securities Exchange Act of 1934 between October 14, 2014 and June 17, 2015, by making materially false and misleading statements about Uranium Energy's business prospects. Uranium Energy engages in the exploration, extraction, and processing of uranium concentrates on projects in the United States and the Republic of Paraguay. According to the complaint, Uranium Energy officials failed to disclose that its stock achieved an unsustainable valuation through the use of paid stock promoters.


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