
UEX Corp. (TSX:UEX) – Notable News
April 12, 2022 UEX Corp. (TSX:UEX, BUY, C$0.60 target, David A. Talbot) has completed the 2022 winter exploration program at its Christie Lake and Hidden
April 12, 2022 UEX Corp. (TSX:UEX, BUY, C$0.60 target, David A. Talbot) has completed the 2022 winter exploration program at its Christie Lake and Hidden
March 30, 2022 UEX Corp. (TSX:UEX, BUY, C$0.60 target, David A. Talbot) announced that its 50%-owned subsidiary JCU (Canada) Exploration Company (Private) has reported high-grade
This price increase is following a news article from Bloomberg yesterday speculating that the US might sanction Russian uranium supplier, which had previously been excluded from the Russian oil and gas import ban. UxC suggests that the article triggered a huge jump on Wednesday afternoon following its daily 2:30pm price cut-off. It appears that the response is mainly from traders bidding up the price.
Yesterday, Red Cloud hosted the first day of its three-day 2022 Very Pre-PDAC Mining Showcase, which featured 36 presenting uranium and battery metal companies including our keynote speakers Andrew Leyland, Head of Strategic Advisory at Benchmark Mineral Intelligence and Anna Bryndza, Executive Vice President at UxC, LLC and had over 1,000 participants registered in advance of the event. With this note, we want to provide a quick recap of the highlights from the conference for those who were unable to attend the live event. If you would like to attend Day Two and Three of Red Cloud’s 2022 Very Pre-PDAC Mining Showcase, register here. Replays are available on the Red Cloud website.
Uranium prices are up sharply on apparent Sprott Physical Uranium Trust (SPUT) buying as security of supply concerns emerge in light of economic sanctions levied against Russia in response to the Ukraine invasion. Funding of additional physical U3O8 purchases by SPUT may help propel prices above US$50/lb and perhaps close to incentive prices needed by project developers. We anticipate uranium equities to react very positively.
January 13, 2022 UEX Corp. (TSX:UEX, BUY, C$0.60 target, David A. Talbot) announced winter 2022 exploration programs for its projects in the Athabasca Basin. First, the
December 10, 2021 UEX Corp. (TSX:UEX, BUY, C$0.60 target, David A. Talbot) announced results from its fall 2021 exploration program at its ~83%-owned and 16.8M lb
UT announced the filing of a Restated Base Shelf Prospectus. SPUT may now issue up to US$3.5B of units in Canada during a 25-month period starting 10-Aug-21. It had already approached its previous ceiling of US$1.3B. The At-The-Market program has also been updated. We view the potential for SPUT to raise further funds as very good news for the entire uranium sector.
November 18, 2021 UEX Corp. (TSX:UEX, BUY, C$0.60 target, David A. Talbot) announced it has filed an updated resource estimate for the Horseshoe-Raven deposits in the
Yesterday, Red Cloud hosted the third and final day of its three-day 2021 Oktoberfest Fall Mining Showcase, which featured 28 presenting companies including our keynote speaker John Ciampaglia, CEO of Sprott Asset Management, and had over 1,000 participants registered in advance of the event. With this note, we want to provide a quick recap of the highlights from the conference for those who were unable to attend the live event. A recap of our Day One and Day Two highlights can be found on our research portal page. Replays are also available on the Red Cloud website.