Dahlman Rose Reaffirms Uranerz Energy Buy, $5 PT
Dahlman Rose reaffirmed its Uranerz Energy (NYSE: URZ) Buy rating and $5 price target in a research report published today.
In the report, Dahlman Rose states, "Uranerz announced that the US Nuclear Regulatory Commission (NRC) issued the Materials License for the Nichols Ranch in-situ recovery (ISR) Project, located in the Central Powder River Basin of Wyoming. This marks the final authorization required to commence construction."
Shares of Uranerz were trading at $3.35 at the time of posting, up 11.67% from Tuesday's market close.
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