Why Uranium Energy Just Crashed 10%

Rich Smith2021-04-06

What happenedUranium Energy (NYSEMKT:UEC) describes itself as a U.S.-based uranium mining and exploration company. In a market where uranium prices are soaring, and expected to go up another 67% over ...

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kevinlaisq
2021-04-07
kevinlaisq
Please comment and like
- 8d169ad:
  done. pls comment bck too
Matchbox20
2021-04-07
Matchbox20
Comment & like.
JFK
2021-04-07
JFK
Ok
Thengz
2021-04-07
Thengz
Comment please thanks!
- JFK:
  Ok
francis3
2021-04-07
francis3
Any comment
- JayTan:
  Like and comments
CherryPang
2021-04-07
CherryPang
Oh

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In a market where uranium prices are soaring, and expected to go up another 67% over ...</p>\n\n<a href=\"https://www.fool.com/investing/2021/04/06/why-uranium-energy-corp-just-crashed-10/\">网页链接</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":null,"symbol_name":null,"start_time":0,"source_url":"https://www.fool.com/investing/2021/04/06/why-uranium-energy-corp-just-crashed-10/","article_id":"2125071898","we_media_id":null,"thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2125071898","pubTimestamp":1617722940,"columns":[],"sourceInfo":{"source_id":"fool_stock","name":"Motley Fool"},"weMediaInfo":null,"summary":"Uranium Energy buys -- not mines -- uranium.","collect":0,"end_time":0,"defaultTopTitle":"fool.com","property":[],"viewcount":null,"language":"en","relate_stocks":{},"translate_title":"为什么铀能源刚刚崩溃了10%","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{},"content_text":"What happenedUranium Energy (NYSEMKT:UEC) describes itself as a U.S.-based uranium mining and exploration company. In a market where uranium prices are soaring, and expected to go up another 67% over the next three years, that sounds like a good business to be in.  But Uranium Energy stock is going down today, falling 9.8% through 10:50 a.m. EDT. Why is that?Image source: Getty Images.So whatThe problem, it seems, is that Uranium Energy's business is supposed to be mining uranium and selling it at the high prices noted above. But lately, Uranium Energy has been doing a whole lot more buying of uranium than mining and selling the stuff.Last month, Uranium Energy announced plans to acquire some 1.2 million pounds of U3O8 \"yellowcake\" uranium oxide. Today, the company said it has contracted to buy 705,000 more pounds of the stuff. Combined with other contracts recently announced, the company says it's now positioned to acquire more than 2.1 million pounds of U3O8 for an average price of $30 per pound.Now whatTo help finance these massive purchases of uranium, Uranium Energy also announced today that it is selling another 3.6 million shares of stock for $3.30 apiece. 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like.&nbsp;","listText":"Comment &amp; like.&nbsp;","text":"Comment & like.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/343794897","repostId":2125071898,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":343425457,"gmtCreate":1617751275979,"gmtModify":1634296791440,"author":{"id":"3567221235003553","authorId":"3567221235003553","name":"JFK","avatar":"https://static.tigerbbs.com/d8cdaf8b81ae245f2f2ea5ff303a6722","vip":1,"crmLevel":3,"crmLevelSwitch":0,"idStr":"3567221235003553","authorIdStr":"3567221235003553"},"htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/343425457","repostId":2125071898,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":343469898,"gmtCreate":1617750155214,"gmtModify":1634296804560,"author":{"id":"3579207760920564","authorId":"3579207760920564","name":"Thengz","avatar":"https://static.tigerbbs.com/eb87a2ba614bf594d49c299bab92466e","vip":1,"crmLevel":6,"crmLevelSwitch":0,"idStr":"3579207760920564","authorIdStr":"3579207760920564"},"htmlText":"Comment please thanks!","listText":"Comment please thanks!","text":"Comment please thanks!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/343469898","repostId":2125071898,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":3973731,"gmtCreate":1617751230562,"gmtModify":1635743079634,"authorId":3567221235003553,"author":{"id":3567221235003553,"idStr":"3567221235003553","authorId":3567221235003553,"name":"JFK","avatar":"https://static.tigerbbs.com/d8cdaf8b81ae245f2f2ea5ff303a6722","vip":1,"crmLevel":3,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":343469898,"type":1,"supId":0,"prevId":0,"content":"<u>Ok</u>","text":"<u>Ok</u>","html":"<u>Ok</u>"}],"langContent":"EN"},{"id":343483254,"gmtCreate":1617749497078,"gmtModify":1634296812174,"author":{"id":"3546933005981745","authorId":"3546933005981745","name":"francis3","avatar":"https://static.tigerbbs.com/5a5e1b786e43023ae6f9a0dc560e3dd6","vip":1,"crmLevel":2,"crmLevelSwitch":0,"idStr":"3546933005981745","authorIdStr":"3546933005981745"},"htmlText":"Any comment","listText":"Any comment","text":"Any comment","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/343483254","repostId":2125071898,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":3973480,"gmtCreate":1617749624830,"gmtModify":1635743098941,"authorId":3572397521268164,"author":{"id":3572397521268164,"idStr":"3572397521268164","authorId":3572397521268164,"name":"JayTan","avatar":"https://static.tigerbbs.com/2df5c1d990871ccbfc0f26d4948532db","vip":1,"crmLevel":2,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":343483254,"type":1,"supId":0,"prevId":0,"content":"Like and comments","text":"Like and comments","html":"Like and comments"}],"langContent":"EN"},{"id":343483136,"gmtCreate":1617749467025,"gmtModify":1634296812396,"author":{"id":"3579242284896142","authorId":"3579242284896142","name":"CherryPang","avatar":"https://static.tigerbbs.com/72256d5f02e9431fb7df955e5b3418f8","vip":1,"crmLevel":6,"crmLevelSwitch":0,"idStr":"3579242284896142","authorIdStr":"3579242284896142"},"htmlText":"Oh","listText":"Oh","text":"Oh","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/343483136","repostId":2125071898,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"}],"isCommentEnd":false,"newsSizeData":{"likeSize":105,"commentSize":49,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; 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