Uranium Energy Corp. (UEC) Jumped This Week. Here is Why

The share price of Uranium Energy Corp. (NYSEAMERICAN:UEC) surged by 10.9% between October 3 and October 10, 2025, putting it among the Energy Stocks that Gained the Most This Week.

Uranium Energy Corp. (NYSEAMERICAN:UEC) is engaged in uranium mining and related activities.

Uranium Energy Corp. (NYSEAMERICAN:UEC) rose after the company announced the full exercise and closing of an over-allotment option in its recent public offering, generating gross proceeds of $30.57 million.

Earlier this month, the company announced the launch of a significant public offering of 15.5 million shares of its common stock to raise capital to accelerate the development of a new uranium refining and conversion facility in the United States.

Following the uptick, the share price of Uranium Energy Corp. (NYSEAMERICAN:UEC) has skyrocketed by more than 213% over the last six months, trading at its all-time high as of the writing of this piece.

While we acknowledge the potential of UEC as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you’re looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock.

READ NEXT: 15 Best Natural Gas and Oil Dividend Stocks to Buy Now and 12 Best LNG Stocks to Buy According to Hedge Funds.

Disclosure: None.