Financial StabilityThe company had $66 million of unrestricted cash and no debt, allowing it to fund operations and capital expenditures comfortably.
Production CapacityURG's two uranium projects in Wyoming have the capacity to produce a combined 2.2 million pounds of uranium per year, significantly increasing from the current production rate.
Rising Demand For UraniumURG is well-positioned to be a beneficiary amid rising demand from technology companies for uranium as a primary fuel source for nuclear power plants.