TD Cowen forecasts Uranium Energy Corp. to achieve production status at its Christensen Ranch mine in Wyoming by the fourth fiscal quarter of 2025. This is based on new production areas becoming operational.
The prediction coincides with a renewed emphasis on the US domestic nuclear supply chain and homegrown production. Analysts highlight Uranium Energy Corp.'s position as one of the few pure-play uranium companies with near-term production prospects in a politically stable location. The potential for further government support is also noted.
Analyst Craig Hutchison's report emphasizes the significance of this development within the uranium market.
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