Long(er) term trade with 70%+ upside potential

9 de dez. de 2024

Perhaps one of the most (in my opinion THE most) undervalued uranium stock in the market. Having shown some great reaction near the $1/20-$1.25 zone, in these levels the stock is a buy. With most analysts predicting increasing demand for Uranium and its peers trading way higher, URG is definitely a candidate for massive returns. Personally my average is near $1.11, but I recently re-bought at $1.19. Price target is over $2 (hopefully until EOY 2025). When price reaches $1.70+, it will be a point where I will consider to partially close my position, depending on market dynamics. The $1.40 mark acts as a very strong resistance!!

Wishing you successful trades and strong returns!

13 de fev.

Trade ativo

Stock price has fallen nearly 17%% since the day of the trade. The fall was mainly due to DeepSeek announcement and the market reaction. Furthermore, Uranium spot price faces extreme volatility and has fallen to 1.5Y lows. Ur Energy remains a solid option in the uranium market and still has huge upside potential. Stock price Target Maintained With a 2.70/Share by HC Wainwright & Co. (February, 11 2025 is the date of the announcement). At these levels I am buying more stock (my average is at $1.11). Let's see how this trade unfolds.