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“UEC Hits New 52-Week High, Confirming Insider Predictions”

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Uranium Energy Corp Hits New Market Milestone with Dramatic Share Surge

On Thursday, shares of Uranium Energy Corp (Symbol: UEC) reached a new 52-week high of $8.66 per share. This represents a remarkable increase of 113.30%, or $4.60 per share, compared to the 52-week low of $4.06 set on September 6, 2024. Investors who purchased UEC stock throughout the past year are currently enjoying unrealized gains, a trend that also includes company insiders.

In the past six months, insiders have actively bought shares, contributing to their current success. The following table summarizes two separate instances of insider buying during this time period.

Purchased Insider Title Shares Price/Share Value
09/06/2024 Amir Adnani President and CEO 60,000 $4.10 $246,270.00
09/06/2024 Scott Melbye Executive Vice President 9,500 $4.18 $39,712.50

The chart below illustrates UEC’s trading performance over the last year, including the 50-day and 200-day moving averages.

Uranium Energy Corp Moving Averages Chart

As of afternoon trading on Thursday, UEC shares are priced at $8.41, just below the recent 52-week high.

nslideshow Ten Bargains You Can Buy Cheaper Than The Insiders Did »

Also see:

• Bristol Myers Squibb Average Annual Return
• BCTG YTD Return
• Funds Holding IGC

The views and opinions expressed herein are those of the author and do not necessarily reflect those of Nasdaq, Inc.

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