Uranium Energy Corp Completes Initial Economic Assessment for the World Class Roughrider Project
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Uranium Energy Corp (UEC) has completed an initial economic assessment for its Roughrider Project in Saskatchewan, Canada. The project boasts a post-tax NPV of $946 million, a 40% IRR, and a 1.4-year payback period, with AISC of $20.48 per pound and an average production of 6.8 million pounds per year.
November 08, 2024 | 11:15 am
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POSITIVE IMPACT
Uranium Energy Corp's Roughrider Project shows promising economic potential with a $946 million NPV, 40% IRR, and a 1.4-year payback period, indicating strong future revenue prospects.
The completion of the economic assessment for the Roughrider Project with strong financial metrics such as a high NPV and IRR suggests a positive impact on UEC's stock price. The project's low AISC and significant production capacity further enhance its attractiveness, likely boosting investor confidence and stock value.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100