Financial PerformanceURG reported revenue of $10.4M, up 124% year over year, in-line with the preannouncement.
Market DemandStrong demand is anticipated for domestically sourced uranium, likely at premium pricing compared to imported material due to geopolitical uncertainties.
Production CapacityURG's revenue is expected to nearly triple driven by increased production at Lost Creek and initial production at its second mine, Shirley Basin.