UEC leaping 8% today on UEX acquisition

 Uranium Energy (UEC) is trading 8% higher at $3.97 today. The Energy sector is having a generally cheery day, this hasn't really affected the stock's share price, as it outperforming other names in the space.

- Uranium Energy completes the acquisition of UEX Corporation.
- The prices of uranium should continue to increase slowly as demand grows.
- Uranium Energy Corp reaches a milestone with the filing of S-K 1300 Technical Report Summary, disclosing resources for its South Texas Hub.

Uranium Energy has been trading between a 52-week high of $6.6 and a 52-week low of $2.24. The stock has a market cap of $1.14 Billion.

Uranium Energy Corp is a U.S.-based uranium mining and exploration company. In South Texas, the Company's hub-and-spoke operations are anchored by the fully-licensed Hobson Processing Facility which is central to the Palangana, Burke Hollow and Goliad ISR projects. In Wyoming, UEC controls the Reno Creek project, which is the largest permitted, pre-construction ISR uranium project in the U.S. Additionally, the Company controls a pipeline of uranium projects in Arizona, New Mexico and Paraguay, a uranium/vanadium project in Colorado and a large, high-grade ferro-titanium project in Paraguay.

As you can imagine, the internet had a few things to say about the price move. Here's a few choice comments from the Reddit Traderverse™:

Bile-Driver69 - 2 upvotes - source
I’m in UEC