Why Uranium Energy Corp. Stock Is Surging -- Up 37% -- Today

Shares of uranium miner Uranium Energy Corp. (NYSEMKT: UEC) "exploded" on Friday, and were last seen racing past 38.3% upside as of 11:15 a.m. EST. The question is why.

No earnings were released. Uranium Energy filed its fiscal 2017 annual report 25 days ago. No upgrades were announced. The last time that happened was last month, when Roth Capital initiated coverage with a buy rating. So what's up with Uranium Energy today?

Before digging into Uranium Energy stock, make sure to grab a geiger counter. Image source: Getty Images.

Source: Fool.com