Uranium Energy rises after restarting production in Wyoming

Uranium Energy

13/08/2024 13:14

** Shares of miner Uranium Energy  UEC.A  rise 2.1% to $4.90
premarket
    ** Co restarts uranium production at its Christensen Ranch
operations in Wyoming
    ** UEC expects shipments to start in November or December
this year
    ** Recovered uranium to be processed at Irigaray Central
Processing Plant, which is under regulatory review to increase
capacity to 4 mln pounds of triuranium octoxide from 2.5 mln
pounds
    ** As of last close, stock has fallen 25% YTD

 (Reporting by Vallari Srivastava in Bengaluru)
 ((Srivastava.Vallari@thomsonreuters.com;))