Global Hunter Securities Starts Uranerz Energy (URZ) at Accumulate; “Home on the Range” is in Wyoming
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Price: $1.05 --0%
Rating Summary:
1 Buy, 1 Hold, 0 Sell
Rating Trend: = Flat
Today's Overall Ratings:
Up: 11 | Down: 18 | New: 17
Rating Summary:
1 Buy, 1 Hold, 0 Sell
Rating Trend: = Flat
Today's Overall Ratings:
Up: 11 | Down: 18 | New: 17
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Global Hunter Securities initiates coverage on Uranerz Energy (NYSE: URZ) with an Accumulate. PT $4.00.
Analyst, Jeff Wright, said, "In our opinion, Wyoming-based Uranerz Energy is proceeding from a development/permitting stage company to a production company. We see this taking place this year with a strategy that should enable it to become a mid-tier uranium production company within three years. We expect that its strategy to produce U3O8 yellowcake uranium from the Nichols Ranch in-situ recovery (ISR) facility should result in positive free cash flow in 2013 and beyond."
For an analyst ratings summary and ratings history on Uranerz Energy click here. For more ratings news on Uranerz Energy click here.
Shares of Uranerz Energy closed at $2.50 yesterday.
Analyst, Jeff Wright, said, "In our opinion, Wyoming-based Uranerz Energy is proceeding from a development/permitting stage company to a production company. We see this taking place this year with a strategy that should enable it to become a mid-tier uranium production company within three years. We expect that its strategy to produce U3O8 yellowcake uranium from the Nichols Ranch in-situ recovery (ISR) facility should result in positive free cash flow in 2013 and beyond."
For an analyst ratings summary and ratings history on Uranerz Energy click here. For more ratings news on Uranerz Energy click here.
Shares of Uranerz Energy closed at $2.50 yesterday.
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