LMR Partners LLP bought a new stake in Uranium Energy Corp. (NYSEMKT:UEC) during the second quarter, Holdings Channel reports. The firm bought 113,617 shares of the company’s stock, valued at approximately $100,000.
Several other hedge funds and other institutional investors have also recently modified their holdings of UEC. Geode Capital Management LLC increased its stake in shares of Uranium Energy Corp. by 6.3% in the first quarter. Geode Capital Management LLC now owns 622,511 shares of the company’s stock valued at $465,000 after buying an additional 36,848 shares during the period. State Street Corp increased its stake in shares of Uranium Energy Corp. by 18.9% in the first quarter. State Street Corp now owns 975,910 shares of the company’s stock valued at $730,000 after buying an additional 155,392 shares during the period. Finally, JPMorgan Chase & Co. bought a new stake in shares of Uranium Energy Corp. during the first quarter valued at about $3,923,000.
Shares of Uranium Energy Corp. (NYSEMKT:UEC) traded down 3.4020% during mid-day trading on Friday, hitting $0.9001. The company had a trading volume of 272,632 shares. The firm’s 50 day moving average is $1.01 and its 200-day moving average is $0.92. Uranium Energy Corp. has a 12-month low of $0.65 and a 12-month high of $1.47. The firm’s market cap is $104.78 million.
About Uranium Energy Corp.
Uranium Energy Corp., formerly Carlin Gold Inc, is engaged in uranium mining and related activities, including exploration, pre-extraction, extraction and processing of uranium concentrates, on projects located in the United States and Paraguay. The Company utilizes in-situ recovery (ISR) mining. The Company has uranium mine located in the state of Texas, the Palangana Mine, which utilizes ISR mining and extracts uranium oxide (U3O8).
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