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How to Buy Uranium Energy Stock

Uranium Energy Corp

Uranium Energy Corp. , together with its subsidiaries, engages in exploration, pre-extraction, extraction, and processing uranium and titanium concentrates in the United States, Canada, and Paraguay.

Uranium Energy stock last closed at $7.12, up 4.09% from the previous day, and has increased 200.42% in one year. It has overperformed other stocks in the Uranium industry by 1.25 percentage points. Uranium Energy stock is currently +191.8% from its 52-week low of $2.44, and -14.63% from its 52-week high of $8.34.

As of May 2, 2024, there are 404.14M UEC shares outstanding. The market cap of UEC is $2.88B. In the past 24 hours, 5.96M UEC shares were traded.

How to Buy Uranium Energy Stock

Wondering how to invest in Uranium Energy stock? Here's how.
  1. Decide where to buy Uranium Energy stock: You need to decide on a stock brokerage, but don't worry - we've researched dozens of stock brokerages and apps to help you decide where to buy Uranium Energy stock.
  2. Open your brokerage account: Sign up for 0% commission trading with the highest-rated brokerage we've found.
  3. Fund your investment account: Pick your method of payment and add your details.
  4. Evaluate Uranium Energy stock: The Uranium Energy ticker symbol is UEC. Is Uranium Energy stock a good investment? Should you buy shares of UEC? How do UEC's underlying business fundamentals look? Do top analysts think Uranium Energy is a good buy? Why has UEC's stock price moved recently? (Hint: Our stock market analysis tools can help you figure out if UEC is a good stock to buy).
  5. Execute your UEC trade: Decide if you will purchase UEC shares at the current market price or use a limit order to buy UEC stock at a given price.
  6. Get key alerts regarding your investment in UEC: Create a watchlist to track your investment in Uranium Energy shares.

Step 1: Decide where to buy Uranium Energy stock

You need a brokerage account in order to access the NYSEMKT market and buy UEC shares.

A brokerage account is an investment account that enables you to buy and sell a variety of investments, such as stocks, bonds, mutual funds, and ETFs.

Our preferred brokerage: eToro

Based on our analysis, eToro is the best stock brokerage. eToro gives you:

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Step 2: Open your brokerage account

Now that you've chosen the best brokerage, the next step is to fill out some personal information so you can buy UEC today.

How to Open a New Account on eToro

  1. Click here to get started.
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  2. Input your personal details to start your new trading account.
  1. Send your data by hitting the "Create Account" button.
  2. Get started with eToro today
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Step 3: Fund your investment account

Now that you've created your account on a investment app, you can securely and quickly fund your account:

Watch the tutorial below for more details depositing funds into your new brokerage account.

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eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.

Step 4: Evaluate Uranium Energy stock

After you have identified the best place to buy Uranium Energy stock, it's important to research their stock prior to investing, so you can comprehend the risk as well as the opportunity.

Overview of key UEC info

UEC Price
$7.12
1w %
6.91%
1y %
200.42%
5y %
408.57%
P/E
-712x
P/B
3.74x
P/S
47.15x
PEG
N/A
Revenue
$59.39M
Earnings
-$4.87M
Fore. Rev. Growth
N/A
Fore. Earn. Growth
N/A
Market Cap
$2.88B
Next Earnings
Jun 6, 2024
Next Dividend
N/A

UEC Overview

WallStreetZen was created to help average investors do more in-depth fundamental analysis.

You can view all of the due diligence checks on UEC's stock page.

Is UEC stock undervalued?

You can use a variety of different financial metrics, analyses, models, and charts to gauge UEC's intrinsic value.

Using relative valuations measures:

  • UEC may be undervalued based on its P/B ratio of 3.74x, relative to Uranium industry P/B ratio of 4.52x

You can access more valuation research on UEC's stock here.

UEC Financials at a glance

Passed Health Checks:

  • Total UEC debt is lower than 5 years ago, relative to shareholder equity.
  • UEC has cash burn of 65054000. It has sufficient cash and short-term investments to cover this for at least one year.
  • There are more short-term assets than short-term liabilities on the UEC balance sheet.
  • UEC has a low debt to equity ratio of 0.14.
  • There are more short-term assets than long-term liabilities on the UEC balance sheet.

Failed Health Checks:

  • UEC profit margin has gone down from 17.3% to -8.2% in the past year.
  • UEC has $89.54M in cash and short term investments. This is not enough to cover its annual cash burn of $65.05M.

Is Uranium Energy stock a Buy, Hold, or Sell, according to analysts?

Out of 1 sell side analysts who give ratings on UEC, the consensus analyst rating on UEC is a Buy

Please note that analyst forecasts are not stock recommendations, nor are they financial advice.

You can dive deeper into what analysts are forecasting on the Uranium Energy stock forecast page.

UEC Trading Indicators

SMA10
6.83
SMA20
6.96
SMA50
6.8
SMA100
6.98
SMA200
5.98
MACD
0
MACD Signal
-0.01
MACD Histogram
0.01
RSI
54.13
Stochastic %K
38.2
Stochastic %D
40.61
StochRSI %K
48.92
StochRSI %D
55.26

UEC Performance Numbers

Last year, UEC revenue was $59.39M. Over the past two year, UEC's revenue has increased by 112.19% per year. This was faster than the Uranium industry average of 10.94%.

Dive into UEC's earnings and revenue performance here.

Latest Insiders Trades at UEC

Over the last 12 months, insiders at UEC have bought more shares than they have sold.

David Kong, Director of UEC, was the latest UEC insider to sell. They sold $177,086.00 worth of UEC stock on Mar 12, 2024.

Research more about who owns UEC shares here.

Can I get consistent income from UEC stock?

No, Uranium Energy doesn't provide an income stream by paying out dividends.

Get opinions from other investors

One of the major reasons eToro is our favorite brokerage is because of its social trading community.

Click below to learn what other investors have to say.

Step 5: Execute your UEC trade

You have two primary order types:

  • Market order: A market order is an order to buy or sell a stock at the best possible price.
    Market orders are usually fine.
  • Limit order: A limit order is an order to buy or sell a stock at a specific price (or better).
    If you want to make sure you're buying or selling at an exact price limit, use a limit order.

Hit the Open button and your broker will place your order.

If you require more help buying stocks on eToro, watch the helpful video below:

Open eToro Account

Step 6: Get key alerts regarding your investment in UEC

Now that you own some shares in UEC, you'll want to keep up with your new investment.

Put UEC on a watchlist to get alerted to the latest events about your UEC stock.

UEC Feed

How to Buy Stock in Uranium Energy

To summarize, here are the 6 steps for buying Uranium Energy stock:

  1. Decide where to buy Uranium Energy stock
  2. Open your brokerage account
  3. Fund your investment account
  4. Evaluate Uranium Energy stock
  5. Execute your UEC trade
  6. Get key alerts regarding your investment in UEC

If you are looking for a online brokerage, eToro is our favorite venue.

Get Started with eToro Today
eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.

If you want to get the latest news on your new investment in Uranium Energy, create your watchlist below.

NYSEMKT: UEC
$7.12+0.28 (+4.09%)
Updated May 2, 2024
Open eToro Account
NYSEMKT: UEC
$7.12+0.28 (+4.09%)
Updated May 2, 2024
Open eToro Account

FAQ

How much does it cost to buy one Uranium Energy share?

As of May 2, 2024, it costs $7.12 to buy one share of Uranium Energy stock.

Remember, eToro's fractional share buying allows you to buy partial shares of stocks and ETFs. Even if you only have $3, you can buy 0.421 shares of UEC.

Get Started with eToro Today
eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.

Is now a good time to buy Uranium Energy stock?

According to 1 Wall Street analysts who monitor Uranium Energy, their consensus recommendation is to buy Uranium Energy stock.

What is the best way to buy Uranium Energy stock?

One way to place an order for Uranium Energy stock is with a brokerage account.
WallStreetZen does not provide financial advice and does not issue recommendations or offers to buy stock or sell any security.

Information is provided 'as-is' and solely for informational purposes and is not advice. WallStreetZen does not bear any responsibility for any losses or damage that may occur as a result of reliance on this data.