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RBC Capital Markets Increases Target Price of Uranium Energy Corp (NYSE-AMEX: UEC) and Upgrades to Outperform

June 10, 2009

Dear Shareholder:

On Monday June 8th, RBC Capital Markets Analyst Adam Schatzker augmented their target price of Uranium Energy Corp from $1.60 to $3.00 and upgraded the company’s rating to OUTPERFORM. RBC Capital is the investment banking branch of Canada’s largest bank, Royal Bank of Canada.

Adam Schatzker said;

“We think UEC is now well poised to become one of the few new, near-term uranium producers in the world and, for that reason, will attract a NAV premium to reflect the scarcity of investible uranium producers, globally. To reflect this, we have increased the NAV multiple we apply to UEC from 0.9x to 1.5x and our target price has increased to $3.00 per share from $1.60, previously.”

Feel free to give us a call at 1-866-748-1030 if you have questions.

Thank you
Uranium Energy Corp.

Highlights of our company as an investment opportunity:

‘Security of supply’ premium with all projects in the U.S.

Low cost Texas ISR project poised for 2010 production- the first new uranium mine in the U.S.

Approved Draft Mine Permit, the first draft permit to be issued in over 10 years to a publicly listed company in the U.S.

Extensive pipeline of 34 development and advanced exploration properties in the Colorado Plateau, New Mexico, Wyoming, Arizona, and Texas

Technical team involved with 35 ISR projects in the US - with demonstrated record in discovering, developing and operating ISR and conventional uranium mines
For further information about Uranium Energy Corp (NYSE - AMEX: UEC), please click: www.uraniumenergy.com or call 1.866.748.1030
 
aus der Diskussion: Uranium Energy (UEC, A0JDRR) Price Target
Autor (Datum des Eintrages): wurstfinger  (10.06.09 14:53:30)
Beitrag: 8 von 45 (ID:37363508)
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