Goldman Sachs joins the bullish ranks of Uranium Energy (UEC.US): Strong demand coupled with policy tailwinds, initiates with a "buy" rating.

Zhijun Finance APP learned that Goldman Sachs has initiated coverage on Uranium Energy (UEC.US) for the first time, giving it a "buy" rating and setting a target price of $13. The stock is currently close to its 52-week high of $10.36, with a 126% increase in the past year. The bank believes that as a purely American uranium mining company, Uranium Energy is advancing a series of asset portfolios and is expected to increase its production capacity to several million pounds in the medium term.