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.
Strategic PartnershipsLarge technology companies like Meta and Microsoft have announced long-term purchase agreements for electricity from nuclear power plants, indicating a rise in demand for uranium.