Why Uranium Energy Just Crashed 10%
Uranium Energy (NYSEMKT: UEC) describes itself as a U.S.-based uranium mining and exploration company. In a market where uranium prices are soaring, and expected to go up another 67% over the next three years, that sounds like a good business to be in.
But Uranium Energy stock is going down today, falling 9.8% through 10:50 a.m. EDT. Why is that?
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Source Fool.com
