1410 ET - TD Cowen says Uranium Energy Corp. continues to ramp-up its Christensen Ranch mine in Wyoming with new production areas coming online "that we expect will mark the transition to producer status in FQ4/25." Analyst Craig Hutchison says in a report that this coincides with the renewed focus on the US domestic nuclear supply chain including homegrown production. Hutchison adds that Uranium Energy is one of the "very few" pure-play uranium companies with near-term production in a politically stable jurisdiction with potential for additional US government support. (adriano.marchese@wsj.com)
(END) Dow Jones Newswires
June 04, 2025 14:10 ET (18:10 GMT)
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