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Dahlman Rose Starts (URRE) at Buy; Land of Enchantment

April 5, 2012 7:19 AM EDT
Get Alerts URRE Hot Sheet
Price: $1.33 --0%

Rating Summary:
    1 Buy, 0 Hold, 0 Sell

Rating Trend: = Flat

Today's Overall Ratings:
    Up: 10 | Down: 12 | New: 7
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Dahlman Rose initiates coverage on (NASDAQ: URRE) with a Buy. PT $1.45.

Analyst, Anthony Young, said, "URRE possesses the eleventh-largest known U3O8 resource base in the world, has the ability to commence production in late-2013, and could become the second-largest U3O8 producer in the US by 2016."

Young maintains his positive long-term thesis on Uranium and sees higher prices for it over the medium to long-term.

For an analyst ratings summary and ratings history on click here. For more ratings news on click here.

Shares of closed at $0.87 yesterday.


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