Uranium Energy ( (UEC) ) has shared an announcement.
On March 12, 2025, Uranium Energy Corp announced the filing of its quarterly report for the period ending January 31, 2025. The company achieved significant operational milestones, including the successful processing of uranium concentrates and the acquisition of Rio Tinto’s Sweetwater Plant, which enhances its production capacity. Financially, UEC reported a second-quarter revenue of $49.8 million with a gross profit of $18.2 million, and it maintains a strong balance sheet with over $214 million in liquid assets and no debt. The company’s strategic developments, such as the Roughrider Project in Saskatchewan, highlight its growth potential and ability to capitalize on rising uranium prices.
More about Uranium Energy
Uranium Energy Corp (UEC) is a leading uranium producer in the United States, focusing on in-situ recovery (ISR) mining. The company is expanding its production capabilities through strategic acquisitions and development projects, positioning itself as a significant player in the uranium market.
YTD Price Performance: -33.60%
Average Trading Volume: 7,668,703
Technical Sentiment Consensus Rating: Buy
Current Market Cap: $2.14B
For an in-depth examination of UEC stock, go to TipRanks’ Stock Analysis page.