SOURCE: Vista Partners LLC
SAN FRANCISCO, CA--(Marketwired - Mar 26, 2014) - Vista Partners announced today that it has initiated coverage on Uranerz Energy Corporation (NYSE MKT: URZ) (TSX: URZ) with a twelve-month price target of $2.80. Uranerz Energy Corporation is a U.S.-based uranium company. Ross Silver, Principal Analyst at Vista Partners, stated, "According to the Company, the United States Nuclear Regulatory Commission is expected to reissue the license to mine for Uranerz's Nichols Ranch operations in the near future. This may serve as a near-term catalyst considering there are only five uranium-focused, publicly traded producers globally, which include: (Cameco ($9.2B mkt. cap), Energy Fuels, Paladin, Ur-Energy and Uranium Energy Corp. With forecasted increases in demand coming between now and 2025, Uranerz is seeking to enter production at seemingly an opportune time."
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Vista Partners LLC, founded in 2005, is a Registered Investment Advisor in the States of California and Oregon. The firm's professional staff has backgrounds in finance, corporate communications and investment banking. Vista focuses on investing globally across all market sectors. Vista also provides investment considerations on publicly traded companies through a platform of stock research reports, newsletters, company specific webpages and daily commentary. The platform of products is meant to serve as potential tools for investors to learn about investment considerations. It is Vista's mission to provide investors with tools that may enable them to make profitable investment decisions with the goal to deliver investment considerations that outperform small, mid and large cap equity indexes.
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