UEC and URG Surge Following Russian Uranium Ban on the US

Nov 15, 2024

Uranium Energy Corp (UEC, Financial) saw its stock price increase by over 10%, while UR-Energy Inc (URG) experienced a rise of more than 8%. This surge follows Russia's announcement of a retaliatory uranium ban on the United States, impacting the uranium market and benefitting these companies.

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I/We may personally own shares in some of the companies mentioned above. However, those positions are not material to either the company or to my/our portfolios.

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