Uranium Energy Corp (AMEX:UEC) reported fiscal 2025 revenue of $66.84 million on Wednesday, falling short of analyst expectations of $77.2 million, while registering a loss of -$0.20 per share versus the consensus estimate of -$0.18.
Despite the revenue miss, the company’s shares rose 1.66% in pre-market trading.
The producer sold 810,000 pounds of uranium in the first half of the fiscal year at an average price of $82.52 per pound, generating $24.5 million in gross profit. In the second half, UEC shifted its approach toward inventory accumulation, building up 1.36 million pounds valued at $96.6 million at current market prices, excluding roughly 130,000 pounds from initial Wyoming production.
“Fiscal 2025 was a breakthrough year as we transitioned from developer to producer,” said Amir Adnani, President and CEO. “We delivered initial uranium production from ramp-up in Wyoming and advanced Burke Hollow to near completion as America’s next ISR mine.”
Production costs came in at $36.41 per pound, including cash costs of $27.63 per pound. UEC finished the year with a strong balance sheet, holding $321 million in cash, inventory, and equities at market value, with no debt.
The company expanded its U.S. operations by acquiring Rio Tinto’s Sweetwater Complex for $175 million, creating its third hub-and-spoke production platform and adding roughly 175 million pounds of historic resources. UEC also launched United States Uranium Refining & Conversion Corp, positioning itself as the only vertically integrated U.S. uranium company from mining through planned conversion.
The Burke Hollow project in Texas is 90% complete, with operations expected to start in December 2025, while a pre-feasibility study has begun for the high-grade Roughrider project in Canada’s Athabasca Basin.
Uranium Energy Corp stock price
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