Mirae Asset Global Investments Co. Ltd. Makes New $1.17 Million Investment in Uranium Energy Corp. $UEC

Mirae Asset Global Investments Co. Ltd. purchased a new position in shares of Uranium Energy Corp. (NYSEAMERICAN:UEC) in the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund purchased 123,935 shares of the basic materials company’s stock, valued at approximately $1,171,000.

Several other institutional investors and hedge funds have also made changes to their positions in the business. BlackRock Inc. acquired a new stake in shares of Uranium Energy during the 2nd quarter worth about $432,676,000. Van ECK Associates Corp lifted its stake in Uranium Energy by 21.8% during the second quarter. Van ECK Associates Corp now owns 29,034,465 shares of the basic materials company’s stock worth $309,507,000 after purchasing an additional 5,191,738 shares during the last quarter. Dimensional Fund Advisors LP boosted its holdings in Uranium Energy by 3.1% in the first quarter. Dimensional Fund Advisors LP now owns 5,642,038 shares of the basic materials company’s stock valued at $76,134,000 after purchasing an additional 170,510 shares in the last quarter. Wellington Management Group LLP boosted its holdings in Uranium Energy by 62.2% in the second quarter. Wellington Management Group LLP now owns 5,310,825 shares of the basic materials company’s stock valued at $56,613,000 after purchasing an additional 2,035,586 shares in the last quarter. Finally, Encompass Capital Advisors LLC acquired a new position in Uranium Energy in the first quarter valued at approximately $40,500,000. 62.28% of the stock is owned by institutional investors and hedge funds.

Uranium Energy Stock Performance

Uranium Energy stock opened at $6.92 on Monday. Uranium Energy Corp. has a fifty-two week low of $6.11 and a fifty-two week high of $20.34. The company has a market capitalization of $3.43 billion, a P/E ratio of -24.71 and a beta of 1.36. The stock has a 50-day simple moving average of $9.28 and a 200-day simple moving average of $12.29.

Uranium Energy (NYSEAMERICAN:UEC) last announced its earnings results on Tuesday, September 29th. The basic materials company reported ($0.12) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of ($0.04) by ($0.08). The company had revenue of $17.05 million during the quarter, compared to analysts’ expectations of $9.00 million. As a group, analysts forecast that Uranium Energy Corp. will post -0.20 earnings per share for the current year.

Analyst Upgrades and Downgrades

Several equities analysts have commented on the stock. National Bank Financial dropped their price target on shares of Uranium Energy from $16.00 to $15.00 and set an “outperform” rating on the stock in a research note on Monday, October 5th. Zacks Research downgraded shares of Uranium Energy from a “hold” rating to a “strong sell” rating in a research report on Monday, October 5th. Jefferies Financial Group assumed coverage on shares of Uranium Energy in a report on Thursday, September 3rd. They issued a “hold” rating and a $11.50 target price for the company. HC Wainwright reaffirmed a “buy” rating and issued a $26.75 target price on shares of Uranium Energy in a research report on Wednesday, September 30th. Finally, Royal Bank Of Canada assumed coverage on shares of Uranium Energy in a research note on Friday, October 2nd. They set a “sector perform” rating and a $10.00 price target on the stock. Five research analysts have rated the stock with a Buy rating, two have given a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $16.75.

Uranium Energy News Roundup

Here are the key news stories impacting Uranium Energy this week:

• Positive Sentiment: UEC signed six-year supply agreements with two U.S. nuclear utilities covering a total of 1.1 million pounds of uranium. The contracts provide sales-volume visibility while leaving deliveries priced at prevailing spot-market rates, with no fixed prices, floors, or ceilings. That preserves potential upside if uranium prices rise; UEC said it averaged $93.13 per pound in fiscal 2026. Article: Uranium Energy Signs Six-Year Supply Deals
• Neutral Sentiment: The unhedged pricing also means UEC receives no guaranteed price for these volumes: weaker spot prices could reduce the revenue realized on deliveries. Article: UEC sales contracts announcement
• Neutral Sentiment: A valuation article raises the question of whether UEC’s market value is supported by its book value, but does not establish that the shares are overvalued. The debate may keep investor attention on the balance sheet after a period of share-price weakness. Article: Is Uranium Energy Priced Too Richly On Book Value?
• Negative Sentiment: A separate report warns that a crisis in Paraguay could threaten the country’s uranium ambitions. The article does not establish a direct impact on UEC, so any company-specific risk depends on its exposure to projects there. Article: Paraguay crisis may threaten uranium ambitions

Uranium Energy Company Profile

Uranium Energy Corp. is a uranium mining and exploration company focused on supplying uranium for nuclear power generation. Its activities include developing and operating in-situ recovery projects, a mining method that dissolves uranium underground and pumps it to the surface for processing. The company’s principal product is uranium concentrate.

The company’s U.S. projects and processing facilities are located primarily in Wyoming and South Texas. It also holds uranium exploration and development interests in Canada, including projects in the Athabasca Basin.

Founded in 2003, Uranium Energy is led by President and Chief Executive Officer Amir Adnani, a company co-founder.