This is the most speculative of the bunch. Texas-based Uranium Energy Corp. owns interests in mines in the U.S., Canada, and Paraguay. It holds 1.7 million pounds of uranium inventory and an estimated 42 million pounds at its 118,000 acre Wyoming projects. The uranium was not mined but acquired through various acquisitions like the American arm of Russia's Uranium One it acquired in December 2021 for $112 million in cash. In fact, the Company has not actively started up its mining operations. It recently announced on Aug. 5, 2022, its intention to acquire UEX Corp. of Canada with a higher offer than Dennison Mines (NASDAQ: DNN). UEX is as exploration and development company with only 8 employees but owns the West Bear property measuring nearly 7,983 hectares in Wollaston Lake area of north Saskatchewan. With no actual mining revenues or operations, this one is more of an asset play.