Uranium Energy

UEC $UEC (-6,05 %) completes acquisition of Rio Tinto uranium assets $RIO (-0,87 %) finalized

Acquisition of Rio Tinto's Wyoming assets, which include the Sweetwater facility and a portfolio of uranium mining properties with approximately 175 million pounds of historic resources.

UEC paid $175.4 million in cash for the assets, which President and CEO Amir Adnani calls a "rare opportunity."

The Sweetwater facility, a 3,000 ton per day mill with a licensed capacity of 4.1 million pounds of uranium oxide per year, can also be converted to recover uranium from loaded resins resulting from in-situ recovery (ISR) operations, providing UEC with the flexibility to support both ISR and conventional mining. With the addition of the Sweetwater facility, UEC has the largest licensed production capacity in the United States.

"Recent investments in nuclear energy by big tech companies like Microsoft, Amazon, Google and Meta demonstrate the unprecedented interest in expanding U.S. nuclear baseload capacity by some of the largest and most advanced companies in the world. These companies recognize that nuclear energy is a critical source of highly reliable, clean and safe power to meet the growing energy needs of AI computing. As the largest U.S.-based uranium company, UEC will play a critical role in providing the fuel needed today and in the future - a point underscored by the uranium export restrictions recently announced by Russia," Adnani said.

UEC's next steps for the acquired asset portfolio include completing a Securities and Exchanges Commission Regulation S-K 1300 technical resource summary report to update and confirm historical estimates, building a dedicated team focused on advancing the Sweetwater hub-and-spoke production platform, as well as refurbishing portions of the Sweetwater facility and completing equipment modifications for ISR processing.

Hello everyone,

here is an interesting article about $UEC (-6,05 %) .

Week in review 28.09.

New all-time highs for DAX, Dow Jones, S&P 500, Gold, GE Vernova, Meta, Netflix, SAP, Vistra Corp, Walmart 👑🥇 $LYY7 (-0,47 %)
$CSPX (+0,32 %)
$ABX (+0,54 %)
$GEV (+2,49 %)
$META (-2,23 %)
$NFLX (+0,09 %)
$SAP (-0,03 %)
$VST (+1,56 %)
$WMT (-2,1 %)

New 52-week highs for 3M, Air Products, Alibaba, Arista Networks, Barrick Gold, Bank of Nova Scotia, BlackRock, Caterpillar, Constellation Energy, DuPont, HSBC, Infosys, Live Nation, McDonald's, Palantir, PayPal, Public Storage, Royal Bank of Canada, Royal Caribbean, Sea Ltd, Spotify, Tangier 💵📈 $PLTR (+6,35 %)
$9988 (-2,55 %)
$BABA (-2,95 %)
$BLK
$CAT (+0,86 %)
$BNS (-0,23 %)
$STZ (-0,34 %)
$DD (-0,03 %)
$HSBA (-0,91 %)
$HSBC (-1,07 %)
$INFY
$LYV (-0,61 %)
$MCD (-0,31 %)$PUB
$PUB
$RCL (+2,69 %)
$SEA (+0 %)
$SKT (-0,63 %)

Bitcoin with new 1-month high, +22% in three weeks since the low on 07.09. from 52k$ to 66k$, +150% in 12 months📉📈 $BTC (-2,24 %)

PayPal's own stablecoin PYUSD (crypto) is growing strongly and is now one of the top 100 cryptos by market capitalization at 95th place 💰 $PYPL (-0,38 %)

Palantir with inclusion in the S&P 500 on Monday #PLTRgang 🤜🤛👊✊ $PLTR (+6,35 %)

Uber is working with Google's Waymo (Alphabet) and wants to offer robotaxis for a surcharge 🚗🤖 $UBER (-0,14 %)
$GOOGL (+0,94 %)
$GOOG (+1,03 %)

After the ECB and FED, China has also turned on the money printer *brrr brrr*, plus a big economic stimulus program, China stocks therefore have their best week in 10 years, car and luxury stocks with Chinese business are therefore rising 🖨🇨🇳 $MC (-0,25 %)
$P911 (-0,41 %)
$BMW (+0,87 %)
$MBG (-0,07 %)

AMD CEO and Nvidia CEO confirm continued high demand for AI chips 🧠🤖, Nvidia CEO does not want to sell any more of his own shares for the time being. $AMD (-0,35 %)
$NVDA (+2,01 %)

Upcoming Playstation 6 with AMD chip again, but AMD will leave the high-end graphics card market for PC gamers and try to scale more strongly in the mid and lower segments. Nvidia would then have a monopoly 🎮 $SONY (+1,01 %)
$6758 (+1,35 %)

Super Micro suspected of accounting fraud. US justice is apparently already investigating according to an insider, -62% share price in three months 🔍👮 $SMCI

AI needs a lot of electricity and nuclear power plants are being reactivated in the USA. In Germany, it's the other way around due to the world's stupidest energy policy. US electricity provider shares, uranium mines - shares and ETFs are rising. ⚛️⚡️ (see podcast episode 57 "Buy High. Sell Low." pinned to my profile at the top) $URNM
$URA (-1,04 %)
$UEC (-6,05 %)

Micron with good quarterly figures and +13% share price, semiconductor stocks rally 💻📈 $MU (+2,58 %)

Costco - quarterly figures mixed, EPS exceeds estimates but sales worse than expected, share price falls slightly 🛒 $COST (-1,09 %)

McDonald's increases quarterly dividend by 6% to 1.77$. Since the first dividend payment in 1976, the payout has been increased 48 years in a row. 🍟🍔 $MCD (-0,31 %)

Investigation initiated against Visa 💳 and SAP 💻 in the USA for illegal price fixing $V (-0,14 %)
$SAP (-0,03 %)

Oil price falls again, Shell & Co. on the way to 1-year low 🛢⛽️ $SHEL (-0,74 %)
$GB00B03MM408
$RDS.A

Meta releases VR glasses Quest 3s for €330 from 15.10.24 📱👓

Intel launches AI accelerator "Gaudi 3" as an alternative to Nvidia's H100. IBM, Google & Dell as first customers. 🧠 $INTC (+1,8 %)

US debt level climbs above 35 trillion dollars for the first time 🖨💵

Ubisoft share price collapses due to postponement of "Assassin's Creed: Shadows", -70% 1-year performance 🎮📉 $UBI (-0,32 %)

DHL raises outlook / growth forecast until 2030 and increases letter postage by 10.5% in Germany from 2025 📦✉️📯 $DHL (+0,13 %)

BASF struggles with high energy prices and weak demand, threat of plant closure and dividend cut 🇩🇪📉 $BAS (-0,12 %)

Adidas (+28%) significantly better than Nike (-18%) since the beginning of the year ⚽️🏀👟 $ADS (-0,15 %)
$NKE (-6,85 %)

Takeover poker at Commerzbank by Ital. Unicredit continues 🏦🇮🇹🇩🇪 $CBK (-1,64 %)
$UCG (+0,05 %)

Jefferies issued a buy recommendation for BioNTech and sees the antibody BNT327 against cancer as a potential massive sales driver. 👨‍⚕️⚕️💊 $DE000A0V9BC4

Mutares -14% because shortseller Gotham City raises serious allegations against the SDAX member: Ponzi scheme, false accounting and circular business model 🔍👮 $MUX (-2,14 %)

>> If you want to read a review like this every week, leave a like & subscribe. What important news have I forgotten? 👍❤️

Podcast episode 57 "Buy High. Sell Low."

Subscribe to the podcast to keep more net from gross!

00:00:00 Vistra Energy, Constellation Energy, Uranium Energy, Uranium ETFs $VST (+1,56 %)
$STZ (-0,34 %)
$UEC (-6,05 %)

00:37:20 Alibaba, China stocks $9618 (-1,17 %)
$700 (+2,55 %)
$80700
$1211 (-0,27 %)

01:12:00 Exxon, Shell, Diamondback Energy, oil ETFs $SHEL (-0,74 %)
$GB00B03MM408
$RDS.A

01:32:00 LVMH, Hermès $MC (-0,25 %)
$9988 (-2,55 %)
$BABA (-2,95 %)

01:42:00 Kering $KER (+0,06 %)

01:45:00 Dior, Prada, luxury ETF $CDI (+1,03 %)
$1913 (-4,71 %)
$AMUN (+0,32 %)

01:48:00 Rising social security contributions in 2025 #ampel#money

Spotify
$SPOT (+0,22 %)

https://open.spotify.com/episode/44odhfXKc9Do4d6OE6nY3M?si=aXivvFZdSWmn5rOiEk9ElQ

YouTube
$GOOGL (+0,94 %)
$GOOGL (+0,94 %)

https://youtu.be/HBb1kKaeh5A

Apple Podcast $AAPL (+1,34 %)
#podcast

https://podcasts.apple.com/us/podcast/folge-57-alibaba-lvmh-shell-vistra-exxon-hermes-diamondback/id1695869891?i=1000670846325

Hello guys.

Commodities are very interesting at the moment, so I've brought along a little update on palladium. Pd has now broken out of the short to medium-term downtrend for the time being. However, the actual target zone of 733$/oz remains in place. In the long term, a further dip below the 733 mark would be better (better rtr), as it would be possible to really reload there. If the price does not fall that low again, alternative entry points will have to be considered, e.g. after the completion of a wave 2.

Investment: $SPAL (+0,65 %)

The divergences formed when the price falls can be seen nicely in "red".

---------------------------------------------------------------

Because it is so beautiful, I am also addressing the topic of uranium today. The picture is similar in the uranium sector. You can play this sector via ETFs $U.UN ETFs, but I, for example, trade it via the share $UEC (-6,05 %) . UEC is currently building a wave 2, whereby the bottom could already be in, similar to Pd. However, the downside for a deeper dip is significantly higher than for Pd. Here, prices at UEC of 1-2 dollars are even possible again (but this is not the primary scenario) The divergences and the retest of the 200 line can also be seen in "red" in the screenshot. A rise into wave 3 should take us into the 18-20 dollar range.

As always, however: No investment advice 🤣 It is enough if you can stimulate some thoughts here. Opinions and additions welcome.

Have a nice weekend

Servus , your opinion is asked - price has risen significantly in recent months - nuclear energy is in great demand worldwide except Germany + uranium price has also risen -> how do you see opportunities / risks ? $$UEC (-6,05 %)

$UEC (-6,05 %)

What do you think the announcement at COP28 means in terms of the share prices of uranium stocks?

https://www.reuters.com/sustainability/climate-energy/over-110-countries-set-join-cop28-deal-triple-renewable-energy-2023-12-02/

$UEC (-6,05 %) do any of you know what is happening and why it shoots so high haha📈📈📈📈

Depot Performance: March 2023 -4.10%

Top stocks: Intel $INTC (+1,8 %) 📈 +29,20%

Flop shares: Uranium Energy $UEC (-6,05 %) 📉 -23,99%

Net dividends: 7.48€

Merger of UEX and Uranium Energy - booking of 229 shares